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ArcPacific Resources Provides Corporate Update

Corporate Updates

ArcPacific Resources Provides Corporate

Update

Vancouver, British Columbia--(Newsfile Corp. - October 6, 2020) -

ArcPacific Resources Corp.

(

TSXV: ACP

) ("

ACP

" or the "

Company

")

announces that, effective October 1, 2020, Nizar Bharmal has

resigned as Chief Financial Officer ("CFO") and Jim Henning has been appointed as CFO.

The Company would like to thank Mr. Bharmal for his contributions to the Company and wish him all the

best as he moves on to his next commitment.

Mr. Henning is a Chartered Accountant and the founder and president of Corpfinance Advisors Inc. since

1984. Mr. Henning has solid expertise and practical experience in valuating businesses in a broad range

of industries. He has assisted companies in financing, public offerings and restructuring. Areas of

expertise include retail cannabis, manufacturing, telecommunications, software, biomedical, oil and gas

services, and renewable energy industries. Mr. Henning has served as a Chief Financial Officer and

director for a number of TSX Venture Exchange- and Canadian Securities Exchange-listed companies

over the past several years.

About ArcPacific Resources Corp.

ArcPacific Resources Corp. (TSXV: ACP) is a Canadian based exploration company expanding the

exploration initiative at multiple historic past producing gold and silver mines in the Timmins Gold Camp,

Ontario, and in the Nicola Mining Division in Southern British Columbia. The Company is focused on

creating shareholder value through new discoveries and strategic development of it mineral properties.

For further information, please visit

http://www.arcpacific.ca

.

ON BEHALF OF THE BOARD OF DIRECTORS

/S/ "Adrian Smith"

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 1.778.331.3816.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/65347