Arc Minerals appoints Remy Welschinger to its Board as Non-Executive Director

– UK, London –  Arc Minerals Plc (LON:ARCM) today announced the appointment of Rémy Welschinger as a Non-Executive Director to the Board of Arc Minerals.

Mr Rémy Jaime Jacques-Henri Welschinger is the founder and managing director of Limehouse Capital Limited, an investment holding company specialising in natural resources projects. Up until 2018, Mr Welschinger was Head of Commodities Sales in Europe for Deutsche Bank. Prior to that, Rémy was an Executive Director in the Fixed Income and Commodities division of Morgan Stanley in London. Mr Welschinger is a graduate of Cass Business School, London, with an MSc in Investment management.

Nick von Schirnding, Executive Chairman of Arc Minerals commented: “I take great pleasure in welcoming Rémy to the Board of Arc. Remy brings significant experience to the Company and has been instrumental with our last two financings in respect of introducing family offices and institutions. As an experienced finance executive in the resource sector we look forward to working with Rémy as we execute our strategy to develop our highly prospective projects.”

About Arc Minerals Plc

Arc Minerals is an AIM listed exploration and mine development company focused on a diversified portfolio of mining projects with interests in Slovakia, Eritrea, the Democratic Republic of the Congo and Zambia.

ARC Minerals current holdings include:

100% interest in CASA Mining Limited, a private company that has a 71.25% interest in the 3-million-ounce inferred Resource Akyanga gold deposit in the DRC.

A 66% equity interest in Zamsort Limited, a private company focused on a prospective copper and cobalt licence in the Zambia Copperbelt, together with a convertible loan to Zamsort which converts into approximately a five percent additional equity interest in Zamsort.

100% ownership of the Kremnica Mining Licence Area in Slovakia which host the 1.3Moz AuEq Au PFS stage Ṧturec Gold Project.

For more information: http://www.arcminerals.com

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