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Financings

Arcus Announces The Completion Of A Share Consolidation, Concurrent Financings And The Reactivation To The TSX Venture Exchange

By The Northwire Desk — AI Analysis Dec 31, 2025 · 05:00 ADG · 0.33 Arcus Development Group Inc.
ADG · Price

Executive Summary

  • Arcus Development Group completed a 1‑for‑10 share consolidation, reducing outstanding shares from ~73.9 M to ~7.39 M.
  • Immediately after the consolidation, the company closed two private placements raising a total of $1,650,000 in gross proceeds.
  • The financing and consolidation satisfy TSX Venture Exchange requirements; effective 2026‑01‑05 the company will move from the NEX Board to Tier 2 with ticker change from ADG.H to ADG.

Key Details

  • Share Consolidation: 1 post‑consolidation share issued for every ten pre‑consolidation shares; outstanding shares reduced to 7,387,807 (rounded).
  • First Private Placement:
  • 2,000,000 post‑consolidation units @ $0.25 per unit → $500,000 gross proceeds.
  • Each unit = 1 post‑consolidation share + 1 common share purchase warrant.
  • Warrant exercise price: $0.40 per share; exercisable until 30 Dec 2027 (Vancouver time).
  • Second Private Placement:
  • 3,833,333 post‑consolidation units @ $0.30 per unit → $1,150,000 gross proceeds.
  • Same composition and warrant terms as the first placement.
  • Total Gross Proceeds: $1,650,000.
  • Use of Proceeds: General working capital and funding for the wholly‑owned Touleary project in Yukon’s White Gold District.
  • Post‑Financing Share Count: 13,221,140 issued shares after consolidation and placements.
  • Statutory Hold Period: All securities from the private placements subject to a four‑month hold expiring 1 May 2026.
  • Listing Upgrade: Meets TSX Venture Exchange Tier 2 requirements; effective 5 Jan 2026:
  • Transfer from NEX to TSX Venture.
  • Tier classification changes from NEX to Tier 2.
  • Trading symbol changes from ADG.H to ADG.
  • Regulatory Notice: Securities not registered under U.S. securities laws; cannot be offered/sold in the United States or to U.S. persons without exemption or registration.

Notable Quotes

“On behalf of Arcus Development Group Inc.” – Ian J. Talbot, President and CEO (signature line)

Read the original news release →

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