Arcus Development Group Inc. (TSX VENTURE:ADG) (the "Company") announces that
will carry out an additional $1,000,000 financing concurrently with the
$1,500,000 financing announced on June 16, 2010. The $1,000,000 financing will
include the sale of 3,750,000 flow-through shares and 1,250,000 non-flow-through
units. Each unit will consist of one common share and one-half of a share
purchase warrant. Each whole warrant will entitle the holder to purchase one
common share at any time over an 18 month period for $0.35. The flow-through
shares and the units will each be sold at a price of $0.20.


Both of the $1,500,000 and the $1,000,000 placements are non-brokered. Subject
to regulatory approval, both will close prior to the end of July. The
flow-through proceeds from both private placements will be used to finance work
programs on the Company's Dawson Gold project, located in the White Gold area of
the Yukon Territory. The non-flow-through portion of the $1,000,000 placement
will be used by the Company as general working capital. Finders' fees will be
paid on a portion of both placements.


The Company also announces that mechanical trenching programs have commenced on
its Green Gulch and Touleary properties. Both properties are located immediately
adjacent to the Underworld Resources White Gold property recently acquired by
Kinross Gold Corp. Trenching on the Company's Dan Man property will begin in
late July or early August. The Dan Man property is located immediately north of
the Kaminak Gold Corporation Coffee property. Maps showing the locations of the
properties can be viewed on the Company's website
(www.arcusdevelopmentgroup.com).


"The combined financings of $2,500,000 will provide the Company with adequate
exploration funds to drill test targets identified during this year's trenching
program. The flow-through funds also ensure that the Company can complete
sufficient work to fully exercise the underlying property option and acquire a
50% interest in the Dawson Gold project," stated Ian Talbot, the Company
President.


On behalf of Arcus Development Group Inc.

Ian J. Talbot, President & 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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