ArcPacific Resources Corp. announces extension of filing deadline of its annual financial statements and MD&A
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
June 1st, 2020
ArcPacific Resources Corp. announces extension of filing deadline of
its annual financial statements and MD&A
Vancouver, BC – ArcPacific Resources Corp. (“ACP” or “the Company”) (TSX -V: ACP) announces that, as a result of
delays caused by the COVID -19 pandemic, the Company will be postponin g the filing of its annual financial statements and
accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended
January 31st, 20 20 (collectively, the "Annual Filings"), which are required to be filed by June 1st, 2020 under National
Instrument 51-102 - Continuous Disclosure Obligations.
On March 23rd, 2020, the Canadian Securities Administrators (CSA) announced that they would provide issuers with a 45 -
day extension for filings required on or before June 1 st, 2020, to allow issuers the time needed to focus on the many other
business and financial reporting implications of the COVID-19 pandemic.
The Company will rely on this exemption with respect to the Annual Filings in accordance with BC Ins trument 51-515 -
Temporary Exemption from Certain Corporate Finance Requirements ("BCI 51 -515"). The Company is continuing to work
diligently and expeditiously to complete and file the Annual Filings and currently expects to have them filed on or prior to
the extended filing deadline of J uly 16th, 2020. The Company expects to thereafter deliver the annual financial statements
before, or in conjunction with, the delivery of its management information circular for its next annual general meeting as
permitted by BCI 51-515.
Until the Annual Filings are filed, management and other insiders of the Company continue to be subject to a trading black -
out policy that reflects the principles in section 9 of National Policy 11 -207 - Failure-to-File Cease Trade Orders an d
Revocations in Multiple Jurisdictions.
The Company confirms that since the filing of its interim financial statements for the period ended October 31st, 2019, there
have been no material business developments other than those that have been publicly dis closed and identified in the press
release on November 18 th, 2019 relating to potential participation in LNG business as well as in the press release on
December 31st 2019 and January 27th, 2020 relating to the closing of the private placement.
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 www.arcpacific.ca
ON BEHALF OF THE BOARD OF DIRECTORS
/S/’Nizar Bharmal”
CFO and Director
ARCPACIFIC RESOURCES CORP .
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.