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Southern Arc Minerals Inc.

11:52 AM EST - Southern Arc Minerals Inc. : Provided an update on its strategic investment in Tethyan Resources PLC Tethyan has completed its four diamond drill hole program (total 2,318 m) at the Rudnitza copper-gold porphyry project located within the Suva Ruda exploration permit in Serbia. Tethyan has received assay results for the first drill hole RDD-001 with assays for the remaining three drill holes pending. Southern Arc Minerals Inc. shares V.SA are trading unchanged at $0.50.