Feb 27 (Reuters) - Arc Exploration Ltd ARX.AX :
* EXECUTES DEAL TO BUY GNR MINERALS PTY
* ON DEAL'S COMPLETION DATE, CO TO UNDERTAKE PLACEMENT OF 3.8 MLN SHARES AT $0.40 PER SHARE TO RAISE TOTAL $1.5 MLN
Feb 27 (Reuters) - Arc Exploration Ltd ARX.AX :
* EXECUTES DEAL TO BUY GNR MINERALS PTY
* ON DEAL'S COMPLETION DATE, CO TO UNDERTAKE PLACEMENT OF 3.8 MLN SHARES AT $0.40 PER SHARE TO RAISE TOTAL $1.5 MLN