Source: Facebook
  • Arcus Development Group (ADG) intends to raise up to $250,000 by way of a non-brokered private placement
  • The company will issue 10 million units at a price of $0.025 per unit
  • Each unit will consist of one common share and one share purchase warrant
  • Each purchase warrant will entitle the holder to purchase one common share at a price of $0.05 per share for a period of two years
  • Arcus Development Group Inc is a mineral exploration company
  • Arcus Development Group Inc. (ADG) is currently trading at C$0.025 per share

Arcus Development Group (ADG) intends to raise up to $250,000 by way of a non-brokered private placement.

The company will issue 10 million units at a price of $0.025 per unit. Each unit will consist of one common share and one share purchase warrant. Each purchase warrant will entitle the holder to purchase one common share at a price of $0.05 per share for a period of two years.

The proceeds of the offering will be used as general working capital.

Arcus Development Group Inc is a mineral exploration company.

Arcus Development Group Inc. (ADG) is currently trading at C$0.025 per share.

More From The Market Online

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.

Northstar Gold surveys large potential copper resource extension

Northstar Gold (CSE:NSG) defines a large, near-surface electromagnetic conductor southeast of its Cam Copper Mine in Ontario.

Fortune Minerals receives funding for NICO project development

Fortune Minerals (TSX:FT) receives funding from the U.S. Department of Defense to advance its NICO project.