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Financings

Arcus arranges $500,000 private placement

By The Northwire Desk — AI Analysis Oct 15, 2025 · 02:09 ADG · 0.025 Arcus Development Group Inc.
ADG · Price

Executive Summary

  • Arcus Development Group Inc. announces a non‑brokered private placement to raise up to $500,000.
  • Units are priced at $0.025 per unit, each comprising one common share and one non‑transferable warrant (exercise price $0.05, 1‑year term).
  • Proceeds will fund general working capital and development of the Touleary project in Yukon’s White Gold district.

Key Details

  • Offering Size: Up to $500,000 total gross proceeds.
  • Unit Price: $0.025 per unit.
  • Unit Composition: 1 common share + 1 non‑transferable warrant.
  • Warrant Terms: Right to purchase one additional Arcus common share at $0.05 per share, exercisable for one year from issuance.
  • Use of Proceeds:
  • General working capital.
  • Financing work on the wholly‑owned Touleary project (White Gold district, Yukon).
  • Regulatory Status: Offering subject to acceptance by the TSX Venture Exchange.

Notable Quotes

(No quotes provided in the release.)

Read the original news release →

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