<article >

		le 21&nbsp;mars/March 2023

		Crest Resources Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every three&nbsp;(3) pre-consolidated common shares.

		As a result, the outstanding shares of the company will be reduced to approximately 41,914,007&nbsp;common shares.

		The name and symbol will not change.

		Please note that all open orders will be canceled at the close of business on March 22, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.

		_______________________

		Crest Resources Inc.&nbsp;a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour trois&nbsp;(3) actions ordinaires pré-consolidées.

		En conséquence, les actions en circulation de la société seront réduites à environ 41&nbsp;914&nbsp;007&nbsp;actions ordinaires.

		Le nom et le symbole ne changeront pas.

		Veuillez noter que tous les ordres ouverts seront annulés à la fermeture des bureaux le 22&nbsp;mars&nbsp;2023. Il est rappelé aux concessionnaires de saisir à nouveau leurs ordres en tenant compte du regroupement d'actions.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td >
					Trading on a Consolidated Basis/Négociation&nbsp;sur une Base Consolidée&nbsp;:</td>
<td>
					le 23&nbsp;mars/March 2023</td>
</tr>
<tr>
<td>
					Record Date/Date&nbsp;d’Enregistrement&nbsp;:</td>
<td>
					le 24&nbsp;mars/March 2023</td>
</tr>
<tr>
<td>
					Payment Date/Date de Paiement :</td>
<td>
					le 23 mars/March 2023</td>
</tr>
<tr>
<td>
					Symbol/Symbole&nbsp;:</td>
<td>
					CRES</td>
</tr>
<tr>
<td>
					NEW/NOUVEAU&nbsp;CUSIP&nbsp;:</td>
<td>
					22608C 20 2</td>
</tr>
<tr>
<td>
					NEW/NOUVEAU&nbsp;ISIN&nbsp;:</td>
<td>
					CA 22608C 20 2 2</td>
</tr>
<tr>
<td>
					Old/Vieux&nbsp;CUSIP&nbsp;&amp;&nbsp;ISIN&nbsp;:</td>
<td>
					22608C103/CA22608C1032</td>
</tr>
</tbody>
</table>

		If you have any questions or require further information please contact Listings at&nbsp;(416) 367-7340&nbsp;or E-mail:&nbsp;<a href="mailto:Listings@thecse.com" >Listings@thecse.com</a>

		Pour toute question ou information complémentaire, veuillez contacter Listings au 416 367-7340 ou par courriel à:&nbsp;<a href="mailto:Listings@thecse.com" >Listings@thecse.com</a>
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Crest Resources Inc.

2023-0325 – Consolidation - Crest Resources Inc. (CRES)

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