Southern Arc Minerals Inc. announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced net loss was CAD 703,993 compared to net income of CAD 5.209 million a year ago. Basic loss per share was CAD 0.04 compared to basic earnings per share of CAD 0.36 a year ago. Diluted loss per share was CAD 0.04 compared to diluted earnings per share of CAD 0.26 a year ago. For the nine months, net income was CAD 108,003 compared to CAD 5.536 million a year ago. Basic earnings per share was CAD 0.01 compared to CAD 0.38 a year ago. Diluted earnings per share was CAD 0.01 compared to CAD 0.28 a year ago.