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Enter Symbol
or Name
USA
CA



Arco Resources Corp (3)
Symbol ARR
Shares Issued 2,506,922
Close 2015-06-11 C$ 0.055
Market Cap C$ 137,881
Recent Sedar Documents

ORIGINAL: Arco closes 2.01-million-share issuance for debt

2015-06-15 18:33 ET - News Release

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File: ARCO News - Arco Completes Shares for Debt (Jun 15 2015).docx


ARCO COMPLETES SHARES FOR DEBT TRANSACTIONS
June 15 2015 - Vancouver, BC - Arco Resources Corp. (TSX-V: ARR) ("Arco" or the "Company") reports that the Company ha
--->s completed the shares-for-debt transactions previously announced on June 3, 2015, issuing 2,018,600 common shares at 
--->a deemed price of $0.05 per common share for a negotiated aggregate settlement amount of $100,930.  The transactions w
--->ere completed by way of settlement agreements with certain of its trade creditors, consultants and management to extin
--->guish aggregate debt totaling over $233,000.  Insiders receiving shares include Jeff Sheremeta (100,000), Reflex Law C
--->orp. - Jeff Sheremeta (200,000) and Matrix 1 Capital Corp. - Teresa Rzepczyk (180,000).  The common shares issued purs
--->uant to the settlement agreements are subject to a 4-month plus one day hold period from the date of issuance.  
About Arco Resources
Arco holds a 100% interest in the Taviche mineral claim block located in the State of Oaxaca, Mexico, which has had hi
--->storical production of gold and silver.  For additional information on the Company please visit www.arcoresources.com.
--->  
On behalf of the Board of Directors of the Company
"Warren McIntyre"
Warren McIntyre President and Chief Executive Officer 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.




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