Amarc Resources Ltd. closed a fully subscribed private placement, issuing 20,000,000 common shares at CAD$1.00 per share for aggregate gross proceeds of CAD$20,000,000. The funds will support exploration expenditures for the JOY District, working capital, and project investigations for the DUKE and IKE properties. Shares are subject to a four-month and one-day hold period expiring January 10, 2027. Amarc Resources Ltd. is a mineral exploration and development company advancing copper-gold deposits in British Columbia.

Amarc Resources Ltd. filed its unaudited condensed interim financial statements and management discussion and analysis for the three months ended June 30, 2026. The company reported a net income of $1,825,720 (CAD), reversing a net loss of $379,029 in the prior year period, primarily driven by tax rebates and cost recoveries totaling $2,698,546 from joint venture partners. Cash reserves increased to $4,502,858 as of June 30, 2026. On August 24, 2026, Amarc announced a proposed private placement of approximately 20 million common shares at CAD$1.00 per share to raise gross proceeds of approximately CAD$20 million for working capital and project advancement. The company operates in the mineral exploration industry, focusing on developing porphyry copper-gold deposits in British Columbia.

Amarc Resources Ltd. reported audited financial statements for the fiscal year ended March 31, 2026. The company recorded a net loss of $929,987 for the year, a significant improvement from the $3,912,888 net loss reported in 2025. Total assets stood at $2,046,074 as of March 31, 2026. Key operational highlights include the commencement of a 60:40 joint venture with Boliden Mineral Canada Ltd. in the DUKE District effective April 1, 2026, and continued exploration at the JOY District funded by Freeport-McMoRan. Auditors noted a material uncertainty regarding the company's ability to continue as a going concern due to a lack of current revenue and dependence on future financing. Amarc Resources is a mineral exploration and development company focused on copper-gold porphyry projects in British Columbia.