ADG Arcus Development Group Inc

Arcus Development Group Inc. (the "Company") (TSX VENTURE:ADG) announces that
subject to regulatory approval, it will carry out a non-brokered private
placement of flow-through shares. Up to 7,500,000 flow-through shares will be
sold at $0.20 per share for proceeds of $1,500,000. Funds from the placement
will be used to finance 2010 work on the Company's projects in the Yukon.


The Company's Yukon gold projects consist of the Green Gulch and the Touleary
properties, immediately adjacent to the Underworld Resources White Gold property
and the Dan Man property, immediately adjacent to the Kaminak Gold Coffee
property. Maps showing the locations of the properties can be viewed on the
Arcus website (www.arcusdevelopmentgroup.com).


The Company also announces that it has increased the size of its Dan Man
property through the addition of 203 new mineral claims. These new claims are
located immediately north of the Company's original Dan Man claims and were
acquired through staking. "Based on the encouraging results from Kaminak's
initial drilling on its Coffee claims, Arcus has significantly increased the
size of its Dan Man claim block and is accelerated its 2010 exploration programs
in the White Gold area," reported Ian Talbot, the Company President.


Phase one of the Company's 2010 Yukon program will focus on mechanically
trenching soil and rock geochemical anomalies identified at each of the Dan Man,
Green Gulch and Touleary properties in 2009. The phase two program will consist
of the drill testing of targets identified during the stage one trenching
program.


On behalf of Arcus Development Group Inc.

Ian J. Talbot, President & CEO

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.

Arcus Development (TSXV:ADG)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Arcus Development (TSXV:ADG)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024