SJRNF - ArcWest Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest" or the "Company") announces that it has granted a total of 1,940,000 stock options to certain directors, officers, employees and consultants to the Company, entitling them to purchase one common share for each option held at a price of $0.105 per share and valid for a period of five years. The options will vest in six equal tranches over fifteen months.

"Tyler Ruks"

Tyler Ruks, Chief Executive Officer and President and Director

For further information please contact: Tyler Ruks, Telephone: 1 (604) 649-8778, Email: truks@arcwestexploration.com

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 accuracy or adequacy of this release.

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