ADG Arcus Development Group Inc

Arcus Development Group Inc. ("Arcus") (TSX VENTURE:ADG) announces the following:

Private Placement

Arcus will carry out a $100,000 non-brokered private placement of 1,000,000
flow-through shares at a price of $0.10 per share, subject to regulatory
approval. Proceeds from the placement will be used to fund exploration work at
the Touleary VMS property in the Yukon Territory. The proposed $1 million
private placement as announced on March 28, 2012 has been terminated.


Dawson Gold Joint Venture

The Touleary property forms part of the Dawson Gold joint venture in which Arcus
and ATAC Resources Ltd. ("ATAC") each hold a 50% interest. The joint venture
land holdings consist of four separate claim blocks, all located in the White
Gold District of the Yukon. Exploration by Arcus over the past three years has
resulted in significant advancements at both the Touleary property and the Dan
Man property, located immediately north of Kaminak Gold Corp.'s Coffee property.
Details of all previous work on the Dawson Gold project are available on the
Arcus website (www.arcusdevelopmentgroup.com).


2012 Work Program

The budget for the 2012 work program at the Touleary property will be $100,000
and will be jointly funded by Arcus and ATAC. The focus of the program will be
two new areas of significant soil geochemical response identified in the late
fall of 2011. The anomalies, referred to as Touleary South A and South B are
located 6 and 3.5 km south, respectively, of the Touleary VMS discovery where
copper-silver-gold bearing semi-massive and massive sulphide mineralization was
encountered in all five of the 2011 drill holes.


Touleary South A is defined by strongly coincident lead-zinc responses and
lesser coincident copper soil values along an east to northeasterly trend. The
anomaly, as defined by the lower threshold in-soil zinc and lead values, is
currently 2,000 m long and 200 to 400 m wide. Prospecting and hand trenching
within core portions of the anomaly will be conducted in conjunction with
additional soil sampling to fully delineate it along strike at both ends.


Touleary South B is best characterized by coincident lead-silver-zinc responses
with coincident but weak corresponding copper values. The anomaly is roughly 600
by 600 m in size and appears to be fully delineated.


The lead-zinc-copper in soil responses defining the Touleary South A and B
anomalies are significantly elevated in comparison to the geochemical expression
over the Touleary VMS discovery. Discrete, positive magnetic (geophysical)
features exhibit similar geometries in association with each of the respective
geochemical anomalies. The purpose of the 2012 program will be to assess the
southern anomalies as potential drill targets. Such drilling would accompany the
additional drilling required at the main Touleary VMS discovery area.


"The proposed work program and financing achieve two important objectives,"
stated Ian Talbot, the Arcus President. The work program allows for the
advancement of targets for future drilling while avoiding excessive dilution of
existing Arcus shareholder value."


The technical information in this news release has been prepared and approved by
William A. Wengzynowski, P. Eng., a director of Arcus and a qualified person for
the purposes of National Instrument 43-101.


On behalf of Arcus Development Group Inc.

Ian J. Talbot, President and CEO

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.

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