ARCUS DEVELOPMENT GROUP INC. ("ADG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a discretionary waiver Non-Brokered Private Placement announced January 23, 2015:
Number of Shares: 4,850,000 shares
Purchase Price: $0.02 per share
Warrants: 4,850,000share purchase warrants to purchase 4,850,000 shares
Warrant Exercise Price: $0.05 for a two year period
Number of Placees: 13 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Ian J. Talbot Y 525,000
James Gray Y 500,000
Grant Longhurst Y 250,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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