Minister Of Public Works Signs The Revision Of The Provincial Regulation (Perda)
Vancouver, B.C.: Southern Arc Minerals Inc. (“Southern Arc” or the “Company”) (TSX Venture: SA) is pleased to provide the following update to its previous news releases dated December 1, 2009 and December 11, 2009 pertaining to the revision of the West Nusa Tenggara Provincial Spatial Planning Regulation (“Perda”).
As reported previously, the National Spatial Planning Body (“NSPB”) completed its work on the new regulation in November and earlier this month referred the document for the approval of the Minister of Public Works, who oversees the NSPB. The Minister has signed the Perda and it has been forwarded to the Provincial Legislature in Mataram for its final approval and enactment into law.
The company will provide a further update when the legislative vote has taken place and the revised Perda becomes law.
On behalf of the Board of
Southern Arc Minerals Inc.
“John Proust”
President/CEO
For more information please contact:
c/o John G. Proust, CEO
Telephone: (604) 676-5241 Fax: (604) 676-5246
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: 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.
As reported previously, the National Spatial Planning Body (“NSPB”) completed its work on the new regulation in November and earlier this month referred the document for the approval of the Minister of Public Works, who oversees the NSPB. The Minister has signed the Perda and it has been forwarded to the Provincial Legislature in Mataram for its final approval and enactment into law.
The company will provide a further update when the legislative vote has taken place and the revised Perda becomes law.
On behalf of the Board of
Southern Arc Minerals Inc.
“John Proust”
President/CEO
For more information please contact:
c/o John G. Proust, CEO
Telephone: (604) 676-5241 Fax: (604) 676-5246
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: 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.
