Mr. Anthony Dutton reports

ARCO CLOSES DEBT SETTLEMENT TRANSACTIONS

Arco Resources Corp. has completed the shares-for-debt transactions previously announced on Jan. 14 and Jan. 25, 2016, issuing a total of 4,426,800 units and an additional 435,000 common shares to 10 creditors to satisfy liabilities totalling $243,090. The transactions were completed by way of settlement agreements with certain of the company's trade creditors, consultants and management. Each unit issued pursuant to a settlement agreement is priced at five cents and consists of one common share and one common share purchase warrant, each warrant exercisable to purchase one additional common share of the company at a price of 7.5 cents for a period of 18 months from the date of issue. One insider, Matrix 1 Capital Corp. (Teresa Rzepczyk), participated in the debt settlement and, as a related party, received 435,000 common shares only as opposed to receiving units. All securities issued pursuant to the settlement transactions are subject to a four-month-plus-one-day hold period from the date of issuance.