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18:36:32 EST Sat 21 Feb 2026
Enter Symbol
or Name
USA
CA



Arco Resources Corp (3)
Symbol ARR
Shares Issued 4,525,523
Close 2016-02-26 C$ 0.045
Market Cap C$ 203,649
Recent Sedar+ Documents

Arco closes debt settlement, issues 4.42 million units

2016-02-26 19:26 ET - News Release

News Subject: SEDAR News: Arco Resources Corp. Attached PDF e:\sedaronline\sedar2016\sedar20160226\02448372-00000001-00024365-u@#SEDAR#ARR#NR#ARR-NR_Feb-26-2016-PDF.pdf File: 02448372-00000001-00024365-u@#SEDAR#ARR#NR#ARR-NR_Feb-26-2016-PDF.pdf ARCO CLOSES DEBT SETTLEMENT TRANSACTIONS February 26 2016 Vancouver, BC Arco Resources Corp. (TSXV: ARR) ("Arco" or the "Company") reports that the Company has completed the sharesfordebt transactions previously announced on January 14 and January 25, 2016, issuing a total of 4,426,800 units ("Units") and an additional 435,000 common shares to ten creditors to satisfy liabilities totaling $243,090. The transactions were completed by way of settlement agreements with certain of its trade creditors, consultants and management. Each Unit issued pursuant to a settlement agreement is priced at $0.05 and consists of one common share and one common share purchase warrant (the "Warrant"), each Warrant exercisable to purchase one additional common share of the Company at a price of $0.075 for a period of eighteen 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 4month plus one day hold period from the date of issuance. About Arco Resources Arco holds a 100% interest in the Taviche mineral claim block located in the state of Oaxaca, Mexico. On behalf of the Board of Directors "Anthony J. Dutton" Anthony J. Dutton Director & Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Suite 818 - 700 West Georgia Street, Vancouver BC V7Y 1B6 Tel: 604.689.8336 Fax: 888.691.0529

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