REG - Arrow Exploration - AIM Rule 17 - Schedule 2(g) Update

Arrow ExplorationAnnouncement

20/11/2025 07:00

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RNS Number : 2663I  Arrow Exploration Corp.  20 November 2025

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AIM Rule 17 - Schedule 2(g) Update

CALGARY, November 20, 2025 - Arrow Exploration Corp. (AIM: AXL; TSXV: AXL)
("Arrow" or the "Company"), notifies the following information pursuant to AIM
Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

Ravi Sharma, Non-Executive Director of Arrow, is  COO of Canacol Energy Ltd
("Canacol"). On 18 November 2025, Canacol announced that it was seeking an
order for creditor protection from the Court of King's Bench of Alberta
pursuant to the Companies' Creditors Arrangement Act.

For further Information, contact:

 Arrow Exploration
 Marshall Abbott, CEO                                                +1 403 651 5995
 Joe McFarlane, CFO                                                  +1 403 818 1033

 Canaccord Genuity (Nominated Advisor and Joint Broker)
 Henry Fitzgerald-O'Connor                                           +44 (0)20 7523 8000

 James Asensio

 George Grainger

 Auctus Advisors (Joint Broker)
 Jonathan Wright                                                     +44 (0)7711 627449
 Rupert Holdsworth Hunt

 Camarco (Financial PR)
 Owen Roberts                                                        +44 (0)20 3781 8331
 Rebecca Waterworth

 

About Arrow Exploration Corp.

Arrow Exploration Corp. (operating in Colombia via a branches of its 100%
owned subsidiary Arrow Exploration Switzerland GmbH) is a publicly traded
company with a portfolio of premier Colombian oil assets that are
underexploited, under-explored and offer high potential growth. The Company's
business plan is to expand oil production from some of Colombia's most active
basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo
Basin. The asset base is predominantly operated with high working interests,
and the Brent-linked light oil pricing exposure combines with low royalties to
yield attractive potential operating margins. Pursuant to certain private
agreements entered between Arrow and its partner, Arrow is entitled to receive
50% of the production from the Tapir block and has the right to request
approval to Ecopetrol S.A. for the assignment of 50% of all rights, interests
and obligations under the Tapir Association Contract. Arrow is listed on the
AIM market of the London Stock Exchange and on TSX Venture Exchange under the
symbol "AXL".

Forward-looking Statements

This news release contains certain statements or disclosures relating to Arrow
that are based on the expectations of its management as well as assumptions
made by and information currently available to Arrow which may constitute
forward-looking statements or information ("forward-looking statements") under
applicable securities laws. All such statements and disclosures, other than
those of historical fact, which address activities, events, outcomes, results
or developments that Arrow anticipates or expects may, could or will occur in
the future (in whole or in part) should be considered forward-looking
statements. In some cases, forward-looking statements can be identified by the
use of the words "continue", "expect", "opportunity", "plan", "potential" and
"will" and similar expressions. The forward-looking statements contained in
this news release reflect several material factors and expectations and
assumptions of Arrow, including without limitation, Arrow's evaluation of the
impacts of global pandemics, the potential of Arrow's Colombian and/or
Canadian assets (or any of them individually), the prices of oil and/or
natural gas, and Arrow's business plan to expand oil and gas production and
achieve attractive potential operating margins. Arrow believes the
expectations and assumptions reflected in the forward-looking statements are
reasonable at this time, but no assurance can be given that these factors,
expectations, and assumptions will prove to be correct.

The forward-looking statements included in this news release are not
guarantees of future performance and should not be unduly relied upon. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially
from those anticipated in such forward-looking statements. The forward-looking
statements contained in this news release are made as of the date hereof and
the Company undertakes no obligations to update publicly or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless so required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

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