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Arcland Resources to resume trading on NEX

2026-02-17 13:23 ET - News Release

Mr. George Lian reports

ARCLAND RESOURCES ANNOUNCES RESUMPTION TO TRADING ON THE NEX

Further to Arcland Resources Inc.'s news releases dated Jan. 26, 2026, the TSX Venture Exchange has accepted the company's application to resume trading on the NEX.

Reinstatement to trading

The company anticipates that its shares will resume trading soon.

Corporate update

On July 10, 2025, the company entered into an unsecured loan agreement with a company wholly owned by Dickson Hall, a director of the company, whereby the company agreed to issue a promissory note for the principal amount of $20,000 at an interest rate of 15 per cent per annum. The proceeds from the loan were used for working capital and general corporate purposes.

Subject to regulatory approval, the participation of the company's director in the loan would be considered a related party transaction pursuant to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transaction. The company is exempt from the requirements to obtain formal valuation and minority shareholder approval in connection with the insiders' participation in the loan in reliance, respectively, on Section 5.5(b) of MI 61-101 as the company is not listed on a specified market and on Section 5.7(1)(b) of MI 61-101 as a distribution of securities for cash not exceeding $2.5-million which is approved by independent directors. The loan is not expected to result in the creation of a new control person of the company. To the company's knowledge, there is no material information concerning the company or its securities that has not been generally disclosed.

We seek Safe Harbor.

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