Aurwest Resources Announces Closing Of Shares For Debt Settlement

(TheNewswire)

Calgary, Alberta (March 10,2026) – TheNewswire- Aurwest Resources Corporation (“Aurwest” or the“Company”) (CSE:AWR) is pleased toannounce that the Company has completed ashares-for-debt settlement with an arm’s length creditor, ARCOResources Ltd., by issuing an aggregate of 1,732,500 common shares ofthe Company (the “Shares”) at a deemed price of $0.02 perShare in full settlement of an aggregate amount of $34,650 ofoutstanding indebtedness (the “Debt Settlement”), in accordance with thepolicies of the Canadian Securities Exchange (the “CSE”).

The Company has completed the Debt Settlement toimprove its financial position by reducing its existing liabilities.All Debt Settlement shares will be subject to a four month and one dayhold period from the date of issuance pursuant to applicable Canadiansecurities law.

On Behalf Of Aurwest resourcesCorporation

“Cameron MacDonald”

Interim President and Chief Executive Officer

For Additional Information PleaseContact       

Cameron MacDonald

Telephone: (403) 585-9875

Email:          cmacdonald@aurwestresources.com  

Website: www.aurwestresources.com  

About Aurwest ResourcesCorporation

Aurwest is a Canadian-based junior resource companyfocused on the acquisition, exploration, and development of goldproperties in Canada.

Forward-Looking Information

Statements included in this announcement, includingstatements concerning our plans, intentions, and expectations, whichare not historical in nature are intended to be, and are herebyidentified as “forward-looking statements”. Forward lookingstatements may be identified by words including “anticipates”,“believes”, “intends”, “estimates”, “expects” andsimilar expressions. The Company cautions readers that forward-lookingstatements, including without limitation: the Debt Settlement, certaincustomary approvals for the Debt Settlement, and certain risks anduncertainties that could cause actual results to differ materiallyfrom those indicated in the forward-looking statements. Readers areadvised to rely on their own evaluation of such risks anduncertainties and should not place undue reliance on forward-lookingstatements. Any forward-looking statements are made as of the date ofthis news release, and the Company assumes no obligation to update theforward-looking statements, except in accordance with the applicablelaws.

TheCanadian Securities Exchange has not reviewed and does not acceptresponsibility for the adequacy or accuracy of thisrelease.

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