ARC Minerals Limited (GB:ARCM) has released an update.
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Arc Minerals Ltd has announced a temporary suspension of trading on AIM for its shares following the unexpected rejection of a mining license application in Zambia. While the company seeks clarification on the decision that affected Handa Resources Limited’s license application, it confirms that all other exploration activities in Zambia are continuing as usual. Investors are advised that updates will follow as more information becomes available.
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