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Macarthur Minerals Lodges ASX IPO Prospectus for Macarthur Australia Limited to Raise up to A$10 Million

VANCOUVER, BC–(Marketwired – March 06, 2017) – Macarthur Minerals Limited (TSX VENTURE: MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce that it has lodged a prospectus with the Australian Securities and Investment Commission (“ASIC”) and applied to the Australian Securities Exchange (“ASX”) for the Initial Public Offering (“IPO”) of Macarthur Australia Limited (“Macarthur Australia”) to raise up to A$10 million.