Neil S. Subin Files Early Warning Report of Southern Arc Minerals Inc. Reporting Decrease in Percentage Holdings

Stuart, Florida--(Newsfile Corp. - August 11, 2026) - Neil S. Subin announced that his percentage holdings of the securities of Southern Arc Minerals Inc. (the "Company") over which he exercises control or direction through various entities (the "Entities") has decreased to 15.29% of the issued and outstanding shares, representing a decrease of 4.76% from his previous report.

The decrease resulted from a series of issuances of securities through private placements and the exercise of options and warrants. Over the same period, certain of the Entities exercised warrants to acquire 575,000 Class A common shares (the "Shares") of the Company, and acquired 504,950 Shares through private placement transactions (collectively, the "Transactions").

Immediately prior to the Transactions, Mr. Subin exercised control or direction over an aggregate of 2,422,000 Shares and 575,000 Shares purchase warrants representing approximately 20.05% of the issued and outstanding Shares on a partially diluted basis.

Immediately after the Transactions, Mr. Subin exercised control or direction over an aggregate of 3,501,950 Shares, representing approximately 15.29% of the issued and outstanding Shares.

This press release is being issued pursuant to section 5.2 of National Instrument 62-104 - Take-over Bids and Issuer Bids. For inquiries or a copy of the related early warning reports for the above-named entities, copies of which are filed on www.sedarplus.ca, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309250