News Releases

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September 01, 2009
Arcus closes private placement and property acquisition

Arcus Development Group Inc. has closed its previously announced non-brokered flow-through private placement. A total of 4,652,843 units were sold at a price of 13 cents per unit for gross proceeds of $604,870. The units consisted of one flow-through common share and one warrant. Each warrant entitles the holder to purchase one additional flow-through common share at a price of 20 cents at any time on or before Aug. 12, 2010. All securities issued as part of this private placement are subject to... (4 KB)
July 03, 2009
Arcus to carry out $500,000 private placement

Arcus Development Group Inc. will carry out a 3,333,333-unit non-brokered private placement for total proceeds of $500,000. Each unit will consist of one flow-through common share and one flow-through share purchase warrant. The price of the units will be 15 cents. The warrants will be valid for a period of 12 months from the closing of the placement and will entitle the holder to purchase one additional flow-through common share at a price of 20 cents. Proceeds from the placement and any pro... (2 KB)
June 10, 2009
Arcus acquires project adjacent to Underworld's White Gold Discovery

June 10, 2009 -- Vancouver, British Columbia: Arcus Development Group Inc. (ADG: TSX-V) is pleased to announce that ATAC Resources Ltd. (TSX-V: ATC) has granted Arcus an option to acquire a 50% interest in the Green Gulch, Touleary, Dan Man and Shamrock gold prospects, collectively referred to as the Dawson Gold Project. The four claim blocks cover an area of approximately 7,000 hectares and are located in west-central Yukon. The Green Gulch claims are wholly surrounded by Underworld Resource... (3 KB)
February 07, 2009
Mexican gold exploration to commence on Chapalota gold project

February 27, 2009 -- Vancouver, British Columbia: Arcus Development Group Inc. (ADG: TSX-V) and Riverside Resources Inc. (RRI: TSX-V) are pleased to announce that work on the Chapalota gold prospect will commence in the first week of March, 2009. The Chapalota property is located approximately 50 km northeast of the city of Mazatlan in south-central Sinaloa, Mexico, immediately north of Geoinformatics' Azulitas polymetallic sulphide deposit (5.6 million tonnes of 0.9% Cu-Eq.). The Chapalota prop... (4 KB)
October 30, 2008
Alliance with Strategic Exploration Group

Arcus Development Group Inc. (ADG: TSX-V) is pleased to announce that it has joined the Strategic Exploration Group of companies. Strategic Exploration is a Vancouver based alliance of TSX Venture Exchange listed junior mineral exploration companies focused on exploration in western Canada (www.segroup.ca). At present the group consists of ATAC Resources Ltd. (ATC: TSX-V), Rockhaven Resources Ltd. (RK: TSX-V), Strategic Metals Ltd. (SMD: TSX-V) and Midnight Sun Capital Corp. (MMA.P: TSX-V). A... (3 KB)
September 12, 2008
Mexican Gold Projects Approved

Arcus Development Group Inc. (TSX-V: ADG) announces that it has received TSX Venture Exchange acceptance of documents related to the options on two Mexican gold exploration projects previously announced (April 14, and April 17, 2008). The projects are the Chapalota and La Ventosa properties and were optioned from Riverside Resources Inc. (TSX-V: RRI) by way of letter agreements dates April 10, 2008. Eric Tweedie, the Arcus VP of Exploration stated, "We look forward to starting our work progra... (3 KB)
April 17, 2008
Arcus Acquires Second Mexican Project

Arcus Development Group Inc. (TSX-V: ADG) announces that it has concluded an agreement with Riverside Resources Inc. (TSX-V: RRI) under which Arcus has been granted an option to acquire a majority interest in La Ventosa property, located in Oaxaca, Mexico. La Ventosa property covers an area of 10,175 hectares and is 15 kilometres northeast from Juchitan City. La Ventosa property is located in a relatively unexplored area of southeastern Oaxaca. Infrastructure in the area is very good and unli... (3 KB)
April 11, 2008
Arcus options Chapalota gold prospect from Riverside Resources

Vancouver, BC -- April 11, 2008: Arcus Development Group Inc. ("Arcus") and Riverside Resources Inc. ("Riverside") announce that subject to TSX Venture Exchange acceptance, Riverside has granted Arcus an option to acquire up to a 65% interest in the Chapalota gold prospect, located in southern Sinaloa, Mexico. The Chapalota property was acquired through staking and is wholly-owned by Riverside. The Chapalota property covers an area of approximately 91 square kilometres and lies along the w... (4 KB)

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