Macarthur Minerals Limited (OTCPK:MMSD.F) announced that it has entered into purchase agreement with new investor Tulshyan Group for private placement of 3,750,000 shares at a price of CAD 0.065 per share for gross proceeds of CAD 243,750 on January 10, 2017. The secuirties issued are subject to hold period of four month plus one day from date of issuance. The transaction is subject to approval of regulatory approvals and TSX Venture Exchange.