Arcus Announces Private Placement
September 09 2021 - 11:15AM
Arcus Development Group Inc. (TSX-V:ADG)(“Arcus”) announces that it
intends to raise up to $250,000 by way of a non-brokered private
placement (the "Offering") of units ("Units") at a price of $0.025
per Unit. Each Unit will consist of one common share in the capital
of Arcus and one share purchase warrant (a "Warrant"). Each Warrant
will entitle the holder to purchase one Arcus common share for a
period of two years at a price of $0.05 per share.
The proceeds of the Offering will be used by
Arcus as general working capital. The Offering is subject to TSX
Venture Exchange ("Exchange") acceptance.
On behalf of Arcus Development Group
Inc.
“Ian J. Talbot”
Ian J. Talbot, President and CEO
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
CAUTIONARY NOTE: This news
release includes certain "forward-looking statements". Other than
statements of historical fact, all statements included in this
release, including, without limitation, statements regarding future
plans and objectives of Arcus Development Group Inc., are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Arcus Development Group Inc.’s expectations are
the risks detailed herein and from time to time in the filings made
by Arcus Development Group Inc. with securities regulators. Those
filings can be found on the Internet at http://www.sedar.com.
For additional information contact:
Ian J. Talbot, President and CEOArcus Development Group
Inc.ian@arcusdevelopmentgroup.comPhone: (778) 893.9325Web:
www.arcusdevelopmentgroup.com
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