Arco Grants Stock Options
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/02/10 -- Arco Resources Corp. (TSX VENTURE: ARR) ('Arco' or the 'Company') announces the grant of incentive stock options to certain directors and consultants of the Company to purchase up to 300,000 common shares in the capital stock of the Company pursuant to an approved share option plan. The options are exercisable at a price of $0.10 per share on or before December 2, 2015, subject to the approval of the TSX Venture Exchange.
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 currently has agreements in principle to option 100% interests in its Lachiguiri, Silacayoapan and Nino Perdido Property (to Silex Ventures Ltd.) and in its Tres Hermanas Property (to Zodiac Capital Ltd.).
For further information on the Company please go to www.arcoresources.com, or contact Ian Tootill, Director of Investor Relations, at 604-639-2866 ext 110. or by email at ian@arcoresources.com.
On behalf of the Board of Directors of Arco Resources Corp.
Warren McIntyre, President and Chief Executive Officer
Arco Resources Corp.
Neither 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.
Contacts:
Arco Resources Corp.
Ian Tootill
Director of Investor Relations
604.639.2866
604.909.1818 (FAX)
ian@arcoresources.com
www.arcoresources.com