Southern Arc Minerals Inc. announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced net income was CAD 5.993 million compared to net loss of CAD 980,680 a year ago. Basic earnings per share from continuing operations was CAD 0.27 compared to basic loss per share from continuing operations of CAD 0.06 a year ago. For the half year, net income was CAD 6.107 million compared to CAD 811,996 a year ago. Basic earnings per share from continuing operations was CAD 0.32 compared to CAD 0.05 a year ago.