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SOUTHERN ARC MINERALS INC. ANNOUNCES COMPLETION OF PRIVATE PLACEMENT

January 4, 2006

Vancouver, BC. Canada, January 3, 2006- Southern Arc Minerals Inc. (TSX.V: SA) is pleased to announce the completion of a private placement of 4,000,000 units at a price of $0.35 per unit for gross proceeds of $1,400,000. Each unit consists of one common share and a one-half non-transferable share purchase warrant. Each whole warrant may be exercised to acquire an additional common share for a period of two (2) years at $0.50 per share.

The securities are subject to hold periods expiring April 30, 2006.

On behalf of the Board of
Southern Arc Minerals Inc.


"John Proust"

Per: John G. Proust
President and CEO

Southern Arc Minerals Inc.
Suite 1500, Box 1078, 885 West Georgia Street, Vancouver, BC V6C 3E8 Canada
Telephone: (604) 676-5241 Fax: (604) 676-5246

"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

 

TSX-V: SA Quote: $0.68 Change: -0.01
Volume: 2,871

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  • Address
  • HEAD OFFICE
  • Southern Arc Minerals Inc.
    Suite 650
    669 Howe St
    Vancouver, BC   Canada V6C 0B4
    Telephone: +1-778-725-1490
    Fax: +1-604-428-1124
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