Avanti Settlement Received
Arc Minerals Ltd announced that it has received US$625,000 from Avanti Gold Corporation. This represents the full and final settlement of the outstanding receivable due from Avanti and Regency Mining Limited, according to the binding settlement agreement announced on July 11, 2025. The company intends to use these funds to advance its assets and for general working capital purposes.
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Arc Minerals Ltd is pleased to announce that it has now received US$625,000 from Avanti Gold Corporation ("Avanti") in full and final settlement of the Outstanding Receivable due from Avanti and Regency Mining Limited, in accordance with the binding settlement agreement announced on 11 July 2025.
These monies will be applied to progress the Company's assets and for working capital purposes.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.