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ARR

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Share Name Share Symbol Market Type
TSXV:ARR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Arco Closes Non-Brokered Financing

26/04/2011 6:00pm

Marketwired Canada


Arco Resources Corp. (TSX VENTURE:ARR) ("Arco" or the "Company") announces it
has closed its non-brokered private placement announced April 15, 2011,
consisting of 8,000,000 units at a price of $0.06 per unit for gross proceeds of
$480,000.


All securities issued with respect to this placement are subject to a four month
hold period expiring on August 26, 2011, in accordance with the policies of the
TSX Venture Exchange (the "Exchange") and the provisions of the Securities Act
(British Columbia).


The units each consist of one common share and one non-transferable share
purchase warrant (the "Warrants") exercisable for one additional common share of
the Company at a price of $0.15 until April 25, 2012. In connection with the
closing of this placement, Arco has paid qualified parties a finder's fee in
cash equal to 5% of the total proceeds.


The proceeds of the private placement will be used to fund the preparation of
technical reports under National Instrument 43-101 at Arco's Taviche and
Predilecta properties located in Oaxaca, Mexico, and for working capital.


About Arco Resources

Arco holds a 100% interest in seven mineral claim blocks, all located in the
State of Oaxaca, Mexico. The Company has begun to focus its efforts on its
Taviche and Predilecta claim blocks, each of which has had historical production
of gold and silver. The Company has optioned its Lachiguiri, Silacayoapan and
Nino Perdido properties to Argentum Silver Corp., and has optioned a 90%
interest in its Tres Hermanas property to Zodiac Capital Ltd. For further
information on the Company please go to www.arcoresources.com. Follow Arco on
Facebook.


On behalf of the Board of Directors of Arco Resources Corp.

Warren McIntyre, President and Chief Executive Officer

Arco Resources Corp.

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