News

April 8, 2015 -- Vancouver, British Columbia: Arcus Development Group Inc. (TSX-V:ADG)("Arcus") announces that has closed the non-brokered private placement announced on January 23, 2015. Total proceeds raised were $92,000. The placement consisted of a unit offering (the "Units") to existing shareholders at a price of $0.02 per Unit. Each Unit was comprised of one Arcus share and one share purchase warrant. Each warrant entitles the holder to purchase an additional Arcus share at a price of $0.05 at any time prior to 5:00 p.m. (Vancouver time) on April 8, 2017.

The placement is subject to TSX Venture Exchange ("Exchange") final acceptance. No finder's fees or sales commissions were paid in respect of the placement. The Arcus securities issued as part of the placement are subject to a hold period expiring on August 9, 2015.

Use of Proceeds

The proceeds of the placement will be used by Arcus as future working capital. Arcus has no current debt and there are no outstanding amounts payable to any related parties. No portion of the Offering proceeds will be used to pay management fees or salaries. The $92,000 proceeds from the placement will be used to fund working capital expenditures over the next 12 months, consisting of: (i) legal and transfer agent fees ($15,000); (ii) financial audit ($14,000); (iii) regulatory fees ($6,000); (iv) general operating expenses (office rent, telephone, website, insurance) ($30,000); and (v) unallocated working capital ($27,000).

Existing Shareholder Exemption

The Units were sold in accordance with the provisions of the existing shareholder exemption (the "Existing Shareholder Exemption") contained in Multilateral CSA Notice 45-313 and the various corresponding blanket orders and rules of participating jurisdictions (the Existing Shareholder Exemption is not available in Ontario or Newfoundland and Labrador). All placement investors were existing Arcus shareholders as of January 22, 2015, the record date for the purposes of participating in the placement. No investment in the placement by any individual or company exceeded $15,000. Three Arcus directors participated in the placement.

On behalf of Arcus Development Group Inc.

"Ian J. Talbot"

Ian J. Talbot, President and CEO

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 NOTE: This news release includes certain "forward-looking statements". Other than statements of historical fact, all statements included in this release, including, without limitation, statements regarding future plans and objectives of Arcus Development Group Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Arcus Development Group Inc.'s expectations are the risks detailed herein and from time to time in the filings made by Arcus Development Group Inc. with securities regulators. Those filings can be found on the Internet at http://www.sedar.com.

For additional information contact:

Ian J. Talbot, President & CEO
Arcus Development Group Inc.
italbot@telus.net
Phone: (604) 687-2522
Fax: (604) 688-2578
Web: www.arcusdevelopmentgroup.com

Grant Longhurst, Corporate Communications
Arcus Development Group Inc.
grant@highpci.com
Phone: (604) 506-2445
Fax: (604) 688-2578
Web: www.arcusdevelopmentgroup.com