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File: ARCO News - Arco Amends Financing Terms (Aug 22 2016).docx




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ARCO RESOURCES AMENDS FINANCING TERMS
August 22 2016 - Vancouver, BC - Arco Resources Corp. (TSX-V: ARR) ("Arco" or the "Company") reports that it has amend
--->ed the terms of the private placement financing announced on June 30, 2016.  The Company will now place up to 14,000,0
--->00 common shares in the capital of the Company at a price of $0.05 per common share for gross proceeds of up to $700,0
--->00 (the "Offering").   

The proceeds of the Offering will be used for working capital and general corporate purposes, and will include explora
--->tion work on the Company's mineral properties located in Mexico. All securities issued pursuant to the Offering will b
--->e subject to a hold period of four months plus one day from the date of issuance in accordance with applicable securit
--->ies legislation and TSX Venture Exchange (the "Exchange") policy.  The Company may pay qualified parties finder's fees
--->, subject to the policies and approval of the Exchange.  

About Arco Resources
Arco holds a 100% interest in the Taviche mineral claim block located in the state of Oaxaca, Mexico. 

On behalf of the Board of Directors
"Anthony Dutton"
Anthony J. Dutton 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.