Company: AXREF
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001654954-25-008549
Chunk: 68

Company: AMARC RESOURCES LTD
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 68
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 of the share was derived directly or indirectly from certain types of assets, including real or immoveable property situated in Canada, Canadian resource properties or timber resource properties, and options, interests or rights in respect of any of the foregoing. Common shares may also be deemed to be taxable Canadian property under the Tax Act in certain specific circumstances. A U. S. Holder holding Common shares as taxable Canadian property should consult with the U. S. Holder’s own tax advisers in advance of any disposition of Common shares or deemed disposition under the Tax Act in order to determine whether any relief from tax under the Tax Act may be available by virtue of the Treaty, and any related compliance procedures.

Certain United States Federal Income Tax Considerations

The following is a general summary of certain material U. S. federal income tax considerations applicable to a U. S. Holder (as defined below) arising from the acquisition, ownership and disposition of our common shares.

This summary is for general information purposes only and does not purport to be a complete analysis or listing of all potential U. S. federal income tax considerations that may apply to a U. S. Holder as a result of the acquisition, ownership and disposition of our common stock. In addition, this summary does not take into account the individual facts and circumstances of any particular U. S. Holder that may affect the U. S. federal income tax consequences to such U. S. Holder, including specific tax consequences to a U. S. Holder under an applicable tax treaty. Accordingly, this summary is not intended to be, and should not be construed as, legal or U. S. federal income tax advice with respect to any particular U. S. Holder. In addition, this summary does not address the U. S. federal alternative minimum, U. S. federal estate and gift, U. S. Medicare contribution, U. S. state and local, or non-U. S. tax consequences of the acquisition, ownership or disposition of our common stock. Except as specifically set forth below, this summary does not discuss applicable tax reporting requirements. Each U. S. Holder should consult its own tax advisor regarding all U. S. federal, U. S. state and local and non-U. S. tax consequences of the acquisition, ownership and disposition of our common stock.

No opinion from U. S. legal counsel or ruling from the Internal Revenue Service (the “ IRS”) has been requested, or will be obtained, regarding the U. S. federal income tax consequences of the acquisition, ownership