Monday, September 14, 2026
MiningNewsTerminal
Monday, September 14, 2026 Admin

AWR.CN ·

Aurwest Announces Closing of Shares for Debt Settlement

AURWEST RESOURCES ANNOUNCES CLOSING OF SHARES FOR DEBT

SETTLEMENT

Calgary, Alberta (March 10 , 2026) – Aurwest Resources Corporation (“ Aurwest” or the “ Company”)

(CSE: AWR) is pleased to announce that the Company has completed a shares-for-debt settlement with an

arm’s length creditor, ARCO Resources Ltd., by issuing an aggregate of 1,732,500 common shares of the

Company (the “ Shares”) at a deemed price of $0.02 per Share in full settlement of an aggregate amount of

$34,650 of outstanding indebtedness (the “Debt Settlement”), in accordance with the policies of the Canadian

Securities Exchange (the “CSE”).

The Company has completed the Debt Settlement to improve its financial position by reducing its existing

liabilities. All Debt Settlement shares will be subject to a four month and one day hold period from the date of

issuance pursuant to applicable Canadian securities law.

ON BEHALF OF AURWEST RESOURCES CORPORATION

“Cameron MacDonald”

Interim President and Chief Executive Officer

For Additional Information Please Contact

Cameron MacDonald

Telephone: (403) 585-9875

Email: [email protected]

Website: www.aurwestresources.com

About Aurwest Resources Corporation

Aurwest is a Canadian -based junior resource company focused on the acquisition, exploration, and

development of gold properties in Canada.

Forward-Looking Information

Statements included in this announcement, including statements concerning our plans, intentions, and

expectations, which are not historical in nature are intended to be, and are hereby identified as “forward -

looking statements”. Forward looking statements may be identified by words including “anticipates”,

“believes”, “intends”, “estimates”, “expects ” and similar expressions. The Company cautions readers that

forward-looking statements, including without limitation : the Debt Settlement, certain customary approvals

for the Debt Settlement, and certain risks and uncertainties that could cause actual results to differ materially

from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of

such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-

looking statements are made as of the date of this news release, and the Company assumes no obligation to

update the forward-looking statements, except in accordance with the applicable laws.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or

accuracy of this release.