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File: ARCO News - Arco Announces Financing (Jun 17 2015).docx
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ARCO RESOURCES ANNOUNCES FINANCING
June 17 2015 - Vancouver, BC - Arco Resources Corp. (TSX-V: ARR) ("Arco" or the "Company") announces that it will cond
--->uct a non-brokered private placement of up to 4,000,000 units (the "Units") in the capital of the Company for gross pr
--->oceeds of up to $200,000, subject to the approval of the TSX Venture Exchange (the "Exchange"). Each Unit is priced a
--->t $0.05 and will consist of one common share and one common share purchase warrant (the "Warrant"), with each Warrant
--->exercisable to purchase one additional common share of the Company at a price of $0.15 for a period of eighteen months
---> from the date of issue. All shares issued pursuant to the offering or issued in connection with the exercise of the
--->Warrants will be subject to a four-month and one day hold period from the date of issuance, in accordance with Exchang
--->e policies and applicable securities laws. The Company will pay qualified parties finder's fees, subject to the poli
--->cies and approval of the Exchange. The proceeds of the private placement will be used for working capital.
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
"Warren McIntyre"
Warren McIntyre President & Chief Executive Officer
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in t
--->he United States. The securities have not been and will not be registered under the United States Securities Act of 19
--->33, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the Unit
--->ed States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or a
--->n exemption from such registration is available.
FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements. Forward-looking statements are st
--->atements that are not historical facts and are generally, but not always, identified by the words "expects", "plans",
--->"anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or
--->conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expresse
--->d in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future
---> performance and actual results may differ materially from those in forward looking statements. Forward-looking state
--->ments are based on the beliefs, estimates and opinions of the Company's management on the date such statements were ma
--->de. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements wh
--->ether as a result of new information, future events or otherwise.
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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