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VANCOUVER, BC, May 25, 2022 /CNW/ - Macarthur Minerals Limited (ASX: MIO) (TSXV: MMS) (OTCQB: MMSDF) (the Company or Macarthur) is pleased to update shareholders that it has appointed a strategic Sub-Committee to assist Macarthur's Board of Directors for the purpose of the development, assessment, and implementation of the Company's plan for the development of the Lake Giles Iron Project and associated infrastructure (power, water treatment and construction).