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ARCM Arc Minerals Limited

1.675
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arc Minerals Limited LSE:ARCM London Ordinary Share VGG045791016 ORDS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.675 1.65 1.70 1.675 1.675 1.675 993,921 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 0 -7.34M -0.0060 -2.78 20.58M

Arc Minerals Limited Delay in Publication of 2020 Annual Report (6100A)

30/09/2020 11:27am

UK Regulatory


Arc Minerals (LSE:ARCM)
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TIDMARCM

RNS Number : 6100A

Arc Minerals Limited

30 September 2020

30 September 2020

Arc Minerals Ltd

('Arc' or the 'Company')

Delay in Publication of 2020 Annual Report

The Company announces that there will be a delay in the publication of the Company's audited financial results for the year ended 31 March 2020 ("Annual Report").

The delay is occasioned at the request of the Company and its auditors, PKF Littlejohn LLP, to reflect the additional time needed to complete the audit given the COVID-19 pandemic and the associated travel restrictions and delays in fulfilling audit requests as a result of the finance function operating remotely.

Accordingly, the Company has requested and received an extension to its filing deadline for its Annual Report from 30 September 2020 to 31 December 2020.

The Company is pleased to report that the maiden diamond drilling programme at the Fwiji Target is continuing as planned and that the 2,500 soil samples from the Zamsort and Zaco license areas that were recently sent for assay are being processed and results are expected shortly. The Company's cash position at the end of September 2020 was GBP1.25m after mobilisation and other payments incurred over recent months in order to progress the current work programme.

For more information visit www.arcminerals.com .

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

Contacts

 
 Arc Minerals Ltd 
  Nick von Schirnding (Chairman)      +44 (0) 20 7917 2942 
 SP Angel (Nominated Adviser 
  & Broker) 
  Ewan Leggat / Soltan Tagiev         +44 (0) 20 3470 0470 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

September 30, 2020 06:27 ET (10:27 GMT)

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