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ARCO PROVIDES FINANCING UPDATE
December 28 2016 - Vancouver, BC - Arco Resources Corp. (TSX-V: ARR) ("Arco" or the "Company") reports that although i
--->t has experienced delays in closing the private placement financing announced in late Q3 2016, the Company is confiden
--->t of closing on the majority portion of the equity raise early in 2017.  

On September 28, 2016, the Company announced the placement of up to 20,000,000 common shares in the capital of the Com
--->pany at a price of $0.05 per common share for gross proceeds of up to $1,000,000 (the "Offering"). The Offering remain
--->s open.  

Proceeds from the Offering will be used for working capital and general corporate purposes.  All securities issued pur
--->suant to the Offering will be subject to a hold period of four months plus one day from the date of issuance in accord
--->ance with applicable securities legislation and TSX Venture Exchange (the "Exchange") policy.  The Company may pay qua
--->lified parties finder's fees, subject to the policies and approval of the Exchange.  

About Arco Resources
Arco Resources Corp. 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 may contain forward-looking statements.  Forward-looking statements are
---> statements 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 expre
--->ssed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of fut
--->ure performance and actual results may differ materially from those in forward looking statements.  Forward-looking st
--->atements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were
---> made.  The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements
---> whether 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.