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Arc Minerals Ltd announced on 3 November 2025 that it received US$625,000 from Avanti Gold Corporation. This payment constitutes full and final settlement of an outstanding receivable due from Avanti Gold Corporation and Regency Mining Limited. The settlement was made in accordance with a binding agreement announced on 11 July 2025.
| Date | 3 Nov 2025 |
| Time | 07:00:12 |
| Category | Miscellaneous |
| ID | 8313F |
3 November 2025, 07:00 UTC
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information will be in the public domain.
Arc Minerals Ltd
('Arc' or the 'Company')
AVANTI SETTLEMENT RECEIVED
Arc Minerals Ltd is pleased to announce that it has now received US$625,000 from Avanti Gold Corporation ("Avanti") in full and final settlement of the Outstanding Receivable due from Avanti and Regency Mining Limited, in accordance with the binding settlement agreement announced on 11 July 2025.
These monies will be applied to progress the Company's assets and for working capital purposes.
For further information contact:
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Arc Minerals Ltd Nick von Schirnding (Executive Chairman) |
info@arcminerals.com |
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Zeus Capital Ltd (Nominated Adviser & Joint Broker) Katy Mitchell/Harry Ansell |
Tel: +44 (0) 20 3829 5000 |
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Shard Capital Partners LLP (Joint Broker) Damon Heath |
Tel: +44 (0) 20 7186 9952 |
For more information, visit www.arcminerals.com.
**ENDS**