Mr. George Lian reports

ARCLAND ANNOUNCES FINANCING OF UP TO $400,000

Arcland Resources Inc. has arranged a non-brokered private placement of up to four million common shares of the company at a price of 10 cents per share for gross proceeds of up to $400,000.

There be no commissions or finders fees paid in respect of the Offering. The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes. Any Shares issued in the Offering will be subject to a 4 month hold period from the date of issuance. The Offering is subject to regulatory approval, including approval of the TSX Venture Exchange.

Subject to regulatory approval, the participation of Arcland's directors and officers, insiders, and other related parties in the Offering would be considered a "related party transaction" pursuant to Multilateral Instrument 61-101-- Protection of Minority Security Holders in Special Transaction ("MI 61-101"). The Company is exempt from the requirements to obtain formal valuation and minority shareholder approval in connection with the insiders' participation in the Offering in reliance, respectively, on Section 5.5(b) of MI 61-101 as the Company is not listed on a "specified market" and on Section 5.7(1)(b) of MI 61-101 as a distribution of securities for cash not exceeding $2,500,000 which is approved by independent directors. The Offering 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.