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FAN.V ·

ArcPacific Resources Corp. Grants Stock Options

Share Capital & Compensation

ARCPACIFIC RESOURCES CORP .

1001 – 1166 Alberni St. Vancouver, BC Canada V6E 3Z3

Tel: 1-778-331-3816 Fax: 1-604-685-5120

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMATION IN THE

UNITED STATES

NEWS RELEASE

TSX Venture Exchange Symbol: ACP

December 18, 2019

ArcPacific Resources Corp. Grants Stock Options

Vancouver, BC – Pursuant to the stock option plan, ArcPacific Resources Corp. (“ACP” or “the Company”) (TSX-V: ACP) .,

subject to the acceptance for filing of the regulatory authorities, has granted stock options to certain consultants of the company

to purchase an aggregate of 4 00,000 common shares in the capital of the company at an exercise pr ice of $0.10 per share,

which expires on December 17th, 2020.

About ArcPacific

ArcPacific Resources Corp. (TSX-V: ACP) is a Canadian based company with a project generator business model. Although

the Company’s primary business focus since formation has been the exploration of mineral properties, it is now seeking new

business opportunities that offer the potential for near term ca sh flow to create shareholder value. For further information,

please visit http://www.arcpacific.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

/S/’Ruben Verzosa”

CEO and Director

The forward-looking statements contained in this press release are made as of the date hereof and ArcPacific Resources Corp.

undertakes no obligations to update publicly or revise any forward -looking statements or information, whether as a result of

new information, future events or otherwise, unless so required by applicable securities laws

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact us at [email protected] or 1.778.318.3816.