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Market: AIM
52-week High/Low: 5.25p / 2.00p
Sector: Mining
Market Cap: 5.73M
Arc Minerals Limited

Arc Minerals Limited

Arm Minerals Limited (formerly Ortac Resources Limited) is an exploration and mine development company focused on identifying natural resource assets that have received significant investment to date, but require further exploration work to bring them to production or transaction stage.

The Company is focused on financing and developing projects in the natural resource sector. Using...

Arc Minerals Limited

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Big picture - Why invest in Arc Minerals Limited

Arc Minerals Limited Snapshot

The Company is focused on financing and developing projects in the natural resource sector. Using industry knowledge, and project development and technology expertise, we identify new business opportunities and develop sustainable solutions to mobilise the economic and human potential of resource assets. In partnership with local communities, we co-create projects that deliver robust investment returns while respecting the criteria of socially responsible investment.  We create value by implementing innovative and sustainable solutions for the development of natural resources.

Ortac invests in natural resource focused companies and projects that are in the exploration stage of the mining industry value chain. Exploration assets offer investors exposure to exciting opportunities that can potentially be highly value accretive.
Typically the successful exploration of natural resources on any project will require significant capital investment. The deployment of exploration risk capital is designed to take a discovered mineral asset to a point where an international resource classification can be awarded to the asset by an independent natural resource verification company.

When exploration projects are brought up to an international resource classification category, an exploration project becomes somewhat de-risked and can then move into the development phase which can lead subject to commodity pricing, into mine development and production.

In order to finance the drilling, geological and mineral technical work needed to progress its projects Ortac will need to raise funds through the issue of additional equity or bring in partners to help fund exploration and development costs. The Group’s ability to raise further funds will depend on the success of its investment strategy and acquired operations. The Group, or the companies in which it has invested, may not be able to raise, either by debt or by further equity, sufficient funds to enable completion of planned exploration, investment and/or development projects.

Ortac places strong corporate oversight on its investee companies to ensure risks associated with exploration are mitigated as much as possible.

By investing in exploration, Ortac offers shareholders and investors the opportunity to benefit from what can hopefully be a transition in value as a resource asset increases in value through the investment in exploration. When a natural resource asset is taken up the value curve to the point where it becomes and independently verified mineral resource, opportunities to release value for Ortac shareholders can then emerge.


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Nick von Schirnding

Nick von Schirnding has over 25 years' experience in the mining sector across a number of geographies. Nick was CEO of Asia Resource Minerals plc, a FTSE listed mining company. Prior to this Nick was a senior executive with Anglo American plc and De Beers.

Brian McMaster

Non-Executive Director
Mr. McMaster has almost 20 years’ experience in the area of corporate reconstruction and turnaround and performance improvement and 20 years in the mining and exploration industry. Mr. McMaster’s recent experience includes founding Harvest Minerals and Jangada Mines, AIM listed companies with Potash and PGM projects in Brazil respectively, as well as numerous reorganisations and the recapitalisation and listing of 12 Australian companies. Mr. McMaster’s career to date includes significant working periods in the United States, South America, Asia, India and UK. Mr. McMaster was a founding director in venture capital and advisory firm, Garrison Capital Pty Ltd, and is also currently a director of a number of ASX and AIM listed companies.

Vassilios Carellas

Chief Operating Officer
Vassilios Carellas is a geologist by profession with extensive experience gained in the mining and exploration industry in Central Asia. Prior to joining Ortac Resources (UK), Vassilios held the post of Managing Director of Kryso Resources plc, an AIM listed company that he co-founded and listed in 2004. Before founding Kryso, Vassilios worked for two Canadian listed companies operating producing mines in various positions ranging from Mine Geologist through to Chief Geologist and General Manager.



Shareholder No of Shares % Holding
Jarvis Investment Management 22,574,493 15.17
Hargreaves Lansdown Asset Mgmt 19,692,374 13.23
Barclays PLC 12,528,619 8.42
Halifax Share Dealing Ltd 10,054,202 6.76
Toronto Dominion Bank 9,765,791 6.56
Interactive Invest Trade Ltd 8,685,657 5.84
Paternoster Resources PLC 8,400,000 5.65
SVS Securities 6,318,558 4.25

Shares Not Held in Public Hands & Shares in Issue

Holder No of Shares % Holding
Anthony Balme 9,588,902 6.44%
Vassilios Carellas 936,667 0.63%
Nick von Schirnding 593,333 0.40%
Paul Heber 450,000 0.30%
Jarvis Inv. Mgmt 22,574,493 15.17%
Hargreaves Lansdown 19,692,374 13.23%
Total   36.18%
Ortac shares in issue 148,801,654  
Note: Includes Nominee Accounts    



2nd Floor
180 Piccadilly
London W1J 9HF
United Kingdom



Nominated Advisor & Broker
SP Angel Corporate Finance LLP
Prince Frederick House
35-39 Maddox Street
London W1S 2PP
United Kingdom

Solicitors (English Law)
Kerman & Co LLP
200 Strand
London WC2R 1DJ
United Kingdom

Legal Counsel (British Virgin Islands)
Craigmuir Chambers
PO Box 71
Road Town
Tortula VG1 110
British Virgin Islands

Legal Counsel (Slovakia)
Majernik & Mihalikova
Cukrova 14
811 08 Bratislava
Slovak Republic

JUDr. Lubomir Ivan
Dukelskych hrdinov 22
960 01 Zvolen
Slovak Republic

Reporting Accountants (UK)
PKF Littlejohn
1 Westferry Circus
Canary Wharf
London E14 4HD
United Kingdom

Reporting Accountants (Slovakia)
L’udovit Petras
Moyzesova 38
040 01 Košice

Computershare Investor Services (Jersey) Ltd.
PO Box 329
Queensway House
Hilgrove Street
St Helier
Jersey JE4 9XY

Financial PR Adviser
Celicourt Communications
Adam House
7-10 Adam Street
The Strand
London WC2N 6AA
United Kingdom

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