Amarc Announces Grant of Stock Option to Director and Officer of the Company

AMARC ANNOUNCES GRANT OF STOCK OPTION TO DIRECTOR AND OFFICER OF THE COMPANY

October 4, 2019, Vancouver, BC – Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX -V: AHR; OTCBB:

AXREF) announces that, pursuant to its stock option incentive plan, it ha s granted to a director and officer

of the Company incentive sto ck options to purchase 2 million common shares at CDN$0.05 with an expiry

date of 5 years from the date of grant.

About Amarc Resources Ltd.

Amarc is a mineral exploration and development co mpany with an experienced and successful

management team focused on developing a new generation of BC porphyry copper mines. By combining

strong projects and funding with successful management, Amarc has created a solid platform to create

value from its exploration and development-stage projects.

For further details on Amarc Resources Ltd., please visit the Company’s website at

www.amarcresources.com or contact Investor Services at (604) 684 -6365 or within Nor th America at

1-800-667-2114.

ON BEHALF OF THE BOARD

Robert Dickinson

Chairman

Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or

accuracy of this release.