JAPAN GOLD CORP.
Further to its diversification strategy announced in December 2012, Southern Arc had been searching for resource exploration and investment opportunities in stable jurisdictions. Southern Arc's leadership team has long recognized Japan's prospectivity for gold, silver and copper. When Japan's mining laws were changed in 2012 to re-activate the mining industry, Southern Arc moved quickly to review historical data and identify key exploration targets and was the first foreign exploration company to apply for prospecting licenses. Southern Arc applied for the exploration licenses through its subsidiary, Southern Arc Minerals Japan KK ("SAMJ").
In September 2016, Southern Arc sold SAMJ to Japan Gold Corp. in exchange for a 42.9% interest in Japan Gold.
Japan Gold raised C$7 million in September 2016 and is now well financed to advance the exploration properties. Additional information is available at www.japangold.com.