ArcPacific Resources Corp. Announces Changes in Management
ARCPACIFIC RESOURCES CORP .
1001 – 1166 Alberni St. Vancouver, BC Canada V6E 3Z3
Tel: 1-778-331-3816 Fax: 1-604-685-5120
NEWS RELEASE
TSX Venture Exchange Symbol: ACP
August 18th, 2020
ArcPacific Resources Corp. Announces Changes in Management
Vancouver, BC – ArcPacific Resources Corp. (“ACP” or “the Company”) (TSX-V: ACP) is pleased to announce that Mr.
Kosta Tsoutsis has been appointed as a director of the Company, effective as of the date herein. Mr. Tsoutsis brings over 20
years of finance and capital market experience. He formerly worked as an investment advisor at Mackie Research, Jordan
Capital Markets, and Canaccord Capital Corp. and has significant experience specializing in developing, restructuring and
financing venture capital companies. Mr. Tsoutsis has directly raised over CDN$30 million in development and venture capital
for public and private companies worldwide. Currently Mr. Tsoutsis is the CEO and Director of M3 Metals Corp.
In addition to the above, the Company would like to announce the resignation of Mr. Collin Kim from a position of interim
CEO and the resignation of Mr. Nizar Bharmal from the director of the Company. Mr. Adrian Smith, a director of ACP, has
been appointed the new CEO. The Board also thanks Mr. Nizar Bharmal for this significant efforts and contributions as a
director.
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 cash flow to create shareholder value. For further information,
please visit http://www.arcpacific.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
/S/’Collin Kim”
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 1.778.331.3816.