07:03:19 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Arco Resources Corp (3)
Symbol ARR
Shares Issued 4,861,800
Close 2016-08-16 C$ 0.065
Market Cap C$ 316,017
Recent Sedar Documents

Arco Resources increases private placement to $700,000

2016-08-22 14:48 ET - News Release

Mr. Anthony Dutton reports

ARCO RESOURCES AMENDS FINANCING

Arco Resources Corp. has amended the terms of the private placement financing announced on June 30, 2016. The company will now place up to 14 million common shares in the capital of the company at a price of five cents per common share for gross proceeds of up to $700,000.

The proceeds of the offering will be used for working capital and general corporate purposes, and will include exploration work on the company's mineral properties located in Mexico. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities legislation and TSX Venture Exchange policy. The company may pay qualified parties finders' fees, subject to the policies and approval of the exchange.

About Arco Resources

Arco holds a 100-per-cent interest in the Taviche mineral claim block located in the state of Oaxaca, Mexico.

We seek Safe Harbor.

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