Arc Minerals appoints Valentine Chitalu to its Board as Non-Executive Director

– UK, London –  Arc Minerals Limited (LON: ARCM) today announced the appointment of Valentine Chitalu to its Board as a Non-Executive Director effective immediately.

“I am delighted that Valentine has agreed to join our board which further strengthens our Zambian presence. Valentine brings a wealth of experience as a successful entrepreneur with an extensive international and Zambian network both within the mining sector and beyond. I look forward to working closely with Valentine as we progress our exciting exploration projects in Zambia.” said Executive Chairman, Nick von Schirnding.

About Valentine Chitalu

Valentine Chitalu is an entrepreneur in Zambia and southern Africa specializing in private equity and local private sector development. He is the co-founder and Chairman of Phatisa Group, a private equity fund manager in Sub-Saharan Africa. He has previously worked for the CDC Group in London and Lusaka, focusing on identifying investment opportunities and portfolio management. He was CEO of the Zambian Privatisation Agency where he was responsible for the divestiture of over 240 enterprises.

Mr. Chitalu is a Chartered Certified Accountant and holds a Masters in Economics from Cambridge University.

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

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