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Arcus (TSXV:ADG) announces private placement

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TSXV:ADG
09 September 2021 11:30 (EDT)

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.

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.

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