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Southern Arc Minerals Inc. (TSXV: SA) is a mineral exploration company based in Vancouver, British Columbia. The company focuses on the acquisition, exploration, and development of mineral properties, with a primary focus on gold and copper assets. Southern Arc Minerals has a strong portfolio of projects in various stages of development across North America, Asia, and Australia. The company prides itself on its commitment to responsible and sustainable mining practices while delivering value to its shareholders.
Southern Arc Minerals Inc. (TSXV: SA) announced that all resolutions were passed at its Annual General Meeting (AGM) held on June 26, 2024. John Proust, Murray Flanigan, and Vince Boon were elected as directors for the upcoming year. The company's equity incentive plan, which includes stock options, restricted share units, performance share units, and deferred share units, was approved. The plan limits stock options to 10% of the issued Class A Shares and allows for 2,289,828 Class A Shares upon graduation from the NEX Board to the TSX Venture Exchange. Davidson & Company LLP was appointed as auditor for the ensuing year. The incentive plan requires final approval from the TSX Venture Exchange.
Southern Arc Minerals has announced on May 24, 2024, the appointment of Vince Boon, the company's CFO, and Murray Flanigan as new directors. Flanigan brings extensive experience in corporate finance, mergers, and acquisitions, alongside his background as a Chartered Professional Accountant and Chartered Financial Analyst. He has held significant roles, including CFO of Kepis & Pobe Financial Group and senior positions at Qwest Investment Management Corp. and Adelphia Communications Simultaneously, John Carlile, Michael Andrews, and Morris Klid have stepped down from their director positions. The company expressed gratitude for their contributions.