June 26 (Reuters) - Arrow Minerals Ltd AMD.AX :
* ACQUISITION OF BURKINA FASO GOLD EXPLORATION PROJECTS
* TO ACQUIRE 100% OF BOROMO GOLD LTD IN AN ALL-SCRIP TRANSACTION WORTH $2.9 MILLION
* ARROW HAS ENTERED INTO A STRATEGIC ALLIANCE WITH CAPITAL DRILLING TO PROVIDE DRILLING SERVICES IN BURKINA FASO
* APPOINTS HOWARD GOLDEN AS CHIEF EXECUTIVE OFFICER
* GETS COMMITMENTS TO RAISE $2.0 MILLION VIA PLACEMENT AT ISSUE PRICE OF 1¢ PER SHARE