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FAN.V ·

TSX Ventures Exchange Symbol: ACP

Corporate Updates

810 – 789 West Pender Street, Vancouver, BC V6C 1H2 

    Tel: 604‐687‐2038 Fax: 604‐687‐3141 

NEWS RELEASE

TSX Ventures Exchange Symbol: ACP

March 18, 2022

Vancouver, BC ‐ ArcPacific Resources Corp. (“ACP” or the “ Company”) (TSX-V: ACP )

announces a correction to news re lease dated March 15, 2022 wit h respect to re-pricing certain

common share purchase warrants (“Warrants”). The aggregate number of Warrants proposed for

re-pricing is 11,401,666 Warrants.

In all other respect, the News Release of March 15, 2022 remains the same.

About ArcPacific Resources Corp.

ArcPacific Resources Corp. (TSX-V: ACP) is a Canadian based exploration company. ArcPacific

owns 100% interest in the LMSL Copper Gold & Silver Project in British Columbia, Canada, in

the prolific Quesnel Terrane which is world renowned for its co pper and gold endowment. The

Company also holds other highly prospective expl oration project s in Canada including its

Blackdome gold project where it discovered continuous gold mine ralization in the first ever

trenching at the project. The Company is focused on creating sh areholder value through new

discoveries and strategic development of its mineral properties and is exploring additional business

opportunities. For further information, please visit http://www.arcpacific.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

/S “Adrian Smith”

CEO and Director

Forward-Looking Information

This news release may contain certain forward-looking informati on and statements, including

without limitation, the Warrant Amendments, the Incentive Progr am, statements regarding

exploration plans, the use of proceeds, and other future plans and objectives, and statements

pertaining to receipt of TSXV approval. All statements included herein, other than statements of

historical fact, are forward-looking information and such infor mation involves various risks and

uncertainties. There can be no assurance that such information will prove to be accurate, and actual

results and future events could differ materially from those an ticipated in such information. A

description of assumptions used to develop such forward-looking information and a description of

risk factors that may cause actual results to differ materially from forward-looking information can

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be found in the Company's disclosure documents on the SEDAR web site at www.sedar.com.

Forward-looking statements are based on the estimates and opini ons of management on the date

the statements are made, and we do not undertake any obligation to update forward-looking

statements should conditions or our estimates change, other than as required by law. Readers are

further advised not to place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Service Pro vider (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.