Arcus Development Group Inc.

VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Arcus Development Group Inc. (TSX-V:ADG)(“Arcus”) announces that it intends to raise up to $250,000 by way of a non-brokered private placement (the "Offering") of units ("Units") at a price of $0.025 per Unit. Each Unit will consist of one common share in the capital of Arcus and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Arcus common share for a period of two years at a price of $0.05 per share. The proceeds of the Offering...

VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Arcus Development Group Inc. (TSX-V:ADG)(“Arcus”) announces that it has completed the sale of its Dan Man property to Goldcorp Kaminak Ltd. (“Goldcorp Kaminak”), a subsidiary of Newmont Goldcorp Corporation (“Newmont Goldcorp”). In consideration of the sale of a 100% interest in the Dan Man property, Arcus has received the following from Goldcorp Kaminak: (i) the return of 14,400,000 Arcus shares originally sold to Newmont Goldcorp in October of 2016 as part of a structured finan...

VANCOUVER, British Columbia, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Arcus Development Group Inc. (TSX-V:ADG)(“Arcus”) announces that further to its news release of October 23, 2019, the British Columbia Securities Commission has issued an exemption order (the “Exemption Order”) permitting Arcus to proceed with the sale of its Dan Man property to Goldcorp Kaminak Ltd. (“Goldcorp Kaminak”) a subsidiary of Newmont Goldcorp Corporation. In partial consideration of the sale of the Dan Man property pursuant to the term of a property purchase agreement...