Southern Arc Minerals is pleased to announce that further to the announcement on July 6, 2016, the Company has sold its 95%-owned subsidiary, Southern Arc Minerals Japan KK, to Sky Ridge Resources. Upon completion of the Acquisition and associated C$7 million financing, Sky Ridge consolidated its shares on a one-for-two basis and changed its name to Japan Gold Corp. Japan Gold will commence trading on the TSX-V under [...]
Japan Gold (formerly Sky Ridge Resources) is pleased to announce that further to the announcement on July 6, 2016, the Company has acquired Southern Arc Minerals Japan KK and launched the first foreign mineral exploration company to focus solely on Japan. SAMJ has filed 80 mineral prospecting rights license applications in Japan and has begun exploring for high-grade gold and porphyry copper-gold mineralization.
Southern Arc Minerals is pleased to announce that the Company has signed a letter of intent effective July 4, 2016 pursuant to which the Company has agreed to sell its wholly-owned subsidiary, Southern Arc Minerals Japan KK, to Sky Ridge Resources. SAMJ has filed 80 mineral prospecting rights license applications in Japan. Highlights: Launch of Japan Gold Corp., the first foreign mineral exploration company to focus [...]