Chairman Exercises Options
Arc Exploration Limited (ASX:ARX) advises that its Chairman Mr Bruce Watson has today exercised his full entitlement to the ARXOA options expiring 31 January 2011 held in his name.
Mr Watson said, “I have been encouraged by our recent strong results. I believe that we have a strong team in place to take our portfolio of exploration assets further over the coming year. This requires that ARX be properly funded and I am pleased to participate in this”.
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