Southern Arc Minerals Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced net loss was CAD 980,680 compared to net income of CAD 1.156 million a year ago. Basic loss per share was CAD 0.06 compared to basic earnings per share of CAD 0.08 a year ago. For the half year, net income was CAD 811,996 compared to CAD 63,297 a year ago. Basic earnings per share was CAD 0.05 compared to CAD 0 a year ago. Basic earnings per share from continuing operations was CAD 0.05 compared to CAD 0 a year ago.