Tickers: XTSX:PAV.H, XTSE:PAV.H
Tags: Mining
Vancouver, British Columbia / TheNewswire / January 18, 2018 - Pacific Arc Resources Ltd. (NEX: PAV.H) today announced that it will begin exploring potential opportunities for investment in the technology space, with a focus on blockchain technology.
"Considering both the innovative value of blockchain technology and the potential for growth, the board of directors is confident that opportunities exist within this space to increase shareholder value," said Pacific Arc Resources Director, John MacPhail.
The Company will provide further updates as they become available.
Pacific Arc Resources is a Vancouver-based company listed on the NEX Board of the TSX Venture Exchange.
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Caution Regarding Forward-Looking Information This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, (more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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