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AIM Rule 17 - Schedule 2(g) Update

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Non-Executive Director Ravi Sharma's company Canacol Energy sought creditor protection in Alberta.

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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.

About Arrow Exploration Corp.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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