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(2) VANCOUVER, BC / ACCESSWIRE / December 17, 2020 / Amarc Resources Ltd. ( Amarc or the Company ) (TSXV:AHR)(OTCQB:AXREF) reports that it has closed the previously announced sale of its Newton Property (the Property or Newton ) located in south-central British Columbia ( BC ) (see Amarc news release December 9, 2020). The arm s length private company, Isaac Mining Corp. ( IMC ), has achieved the go-public event required under the terms of the agreement by amalgamating with a wholly-owned subsidiary of Carlyle Commodities Corp. ( Carlyle ) (CSE:CCC)(FSE:OZ)(OTC PINK:DLRYF) pursuant to which Carlyle has acquired all of the issued and outstanding shares of IMC and its treasury of more than $2 million (see Carlyle release December 17, 2020).

United statesUnited kingdomBritish columbiaWilliams lakeMount milliganMark rebagliatiReno pressarcoDiane nicolsonNational instrumentRoscoe postle associates incCarlyle commodities corpPerson as defined under national instrumentAmarc resources ltdExchange commissionIsaac mining corpHunter dickinson inc