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SOUTHERN ARC RECEIVES EXCHANGE ACCEPTANCE TO AMEND THE EXERCISE PRICE OF 4,716,418 SHARE PURCHASE WARRANTS

Vancouver, British Columbia: Southern Arc Minerals Inc. (TSXV: SA) wishes to announce that it has received TSX Venture Exchange acceptance to amend the exercise price of 4,716,418 share purchase warrants from to $1.75 to $0.70. 4,480,168 of the warrants expire on December 17, 2009 and 236,250 of the warrants expire on December 18, 2009.

If warrant holders wish to exercise their warrants, they should, on or before the applicable expiry date: deliver to Southern Arc Minerals Inc. at 1500-885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 (Attention: Eileen Au/ Tel # 604-676-5241), their completed subscription form (a copy of which is attached to the warrant holder's warrant certificate) and their warrant certificate, together with payment in the form of bank draft or certified cheque payable to the Company. The Company will then deliver share certificates to warrant holders at the address specified in the subscription form within ten days.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

On behalf of the Board of
Southern Arc Minerals Inc.

"John Proust”

President and CEO

For more information please contact:
c/o John G. Proust, CEO
Telephone: (604) 676-5241 Fax: (604) 676-5246
Email: info@southernarcminerals.com
Website: http://www.southernarcminerals.com/

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts 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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