Arcland Resources arranges $85,000 private placement

Mr. George Lian reports ARCLAND RESOURCES ANNOUNCES PRIVATE PLACEMENT OF $85,000 Arcland Resources Inc. has arranged a non-brokered private placement of 850,000 common shares of the company at 10 cents per share for gross proceeds of $85,000. The shares issued as part of the private placement will be subject to a hold period of four months and one day and are subject to TSX Venture Exchange review and acceptance. The company intends to use the net proceeds from the private placement for working capital and general corporate purposes. Subject to regulatory approval, the participation of the company's directors or officers or other insiders in the private placement would be considered a related party transaction pursuant to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transaction. The company is exempt from the requirements to obtain formal valuation and minority shareholder approval in connection with the insiders' participation in the private placement in reliance, respectively, on Section 5.5(b) of MI 61-101 as the company is not listed on a specified market and Section 5.7(1)(b) of MI 61-101 as a distribution of securities for cash not exceeding $2.5-million, which is approved by independent directors. The private placement is not expected to result in the creation of a new control person of the company. To the company's knowledge, there is no material information concerning the company or its securities that has not been generally disclosed. We seek Safe Harbor.