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.