Subject: News Release for Immediate Dissemination - Arcland Resources Inc. (TSXV: ADR.H) [BLC-ACTIVE.FID1849257]
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File: Attachment Arcland - News Release re Closing of Private Placement - 20-Mar-2026.pdf
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES
ARCLAND RESOURCES ANNOUNCES CLOSING OF PRIVATE PLACEMENT OF $85,000
Vancouver, Canada March 20, 2026 Arcland Resources Inc. (the "Company" or "Arcland") (TSXV:
ADR.H) is pleased to announce that, further to its news release of March 6, 2026, it has closed a non-
brokered private placement through the issuance of 850,000 common shares (the "Shares") of the Company
at $0.10 per Share for gross proceeds of $85,000 (the "Private Placement").
The Shares issued as part of the Private Placement are subject to a hold period of four months and a day
from the date of issuance pursuant to the policies of the TSX Venture Exchange and applicable securities
laws. The closing of the Private Placement is subject to certain conditions including, but not limited to, the
receipt of all necessary regulatory and other approvals. The Company intends to use the net proceeds from
the Private Placement for working capital and general corporate purposes.
Pursuant to the Private Placement, a company wholly-owned and controlled by Dickson Hall, a director of
the Company, acquired 200,000 Shares which represents 1.42% of the Company's issued and outstanding
Shares on a non-diluted basis post-closing of the Private placement. Mr. Hall beneficially or directly held
1,000,000 Shares before the closing of the Private Placement. Pursuant to the Private Placement, a company
wholly-owned and controlled by Robert Ferguson, the Chief Executive Officer and director of the
Company, acquired 150,000 Shares which represents 1.1% of the Company's issued and outstanding Shares
on a non-diluted basis post-closing of the Private placement. Mr. Ferguson did not beneficially hold any
Shares before the closing of the Private Placement.
Subject to regulatory approval, the portion of the Private Placement involving Messrs. Hall and Ferguson
is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 Protection of
Minority Security Holders in Special Transaction ("MI 61-101"). The Company is exempt from the
requirements to obtain formal valuation and minority shareholder approval in connection with Messrs. Hall
and Ferguson's participation in the Private Placement in reliance, respectively, on Section 5.5(b) of MI 61-
101 as the Company is not listed on a "specified market" and on Section 5.7(1)(b) of MI 61-101 as a
distribution of securities for cash not exceeding $2,500,000 which is approved by independent directors.
The Private Placement did not result in the creation of a new control person of the Company.
For more information, please contact:
Arcland Resources Inc.
George Lian, CFO, Secretary and Director
Email: arclandresources@gmail.com
Tel: 1 (604) 669-6168
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.
Cautionary Statements Regarding Forward Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding the
expected timing for completion of the Transactions and components thereof, and the future plans or
prospects of the Company. Generally, forward-looking information can be identified by the use of forward-
looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of
such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or
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"will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number
of assumptions that, while considered reasonable by management, are inherently subject to business, market
and economic risks, uncertainties and contingencies that may cause actual results, performance or
achievements to be materially different from those expressed or implied by forward-looking statements.
Although the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained in forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Other factors which could materially affect such forward-looking information are described in the risk
factors in the Company's most recent annual management's discussion and analysis which is available on
the Company's profile on SEDAR+ at www.sedarplus.com. The Company does not undertake to update
any forward-looking information, except in accordance with applicable securities laws.
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