Arcus Closes Private Placement With Existing Shareholders
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 8, 2015) - Arcus Development Group Inc. (TSX VENTURE:ADG) ("Arcus") announces that has closed the non-brokered private placement announced on January 23, 2015. Total proceeds raised were $92,000. The placement consisted of a unit offering (the "Units") to existing shareholders at a price of $0.02 per Unit. Each Unit was comprised of one Arcus share and one share purchase warrant. Each warrant entitles the holder to purchase an additional Arcus share at a price of $0.05 at any time prior to 5:00 p.m. (Vancouver time) on April 8, 2017.
