<article>

		le 10 octobre/October 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 (3) pre-consolidated common shares.

		As a result, the outstanding shares of the company will be reduced to approximately 16,933,003 common shares.

		The name and symbol will not change.

		Please note that all open orders will be canceled at the close of business on October 11, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.

		_______________________

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

		En conséquence, les actions en circulation de la société seront réduites à environ 16 933 003 actions ordinaires.

		Le nom et le symbole ne changeront pas.

		Veuillez noter que toutes les commandes en cours seront annulées à la fermeture des bureaux le 11 octobre 2023. Nous rappelons aux concessionnaires de ressaisir leurs commandes en tenant compte du regroupement des actions.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td>
					Trading&nbsp;on&nbsp;a Consolidated Basis/Négociation&nbsp;sur une Base&nbsp;Consolidée&nbsp;:</td>
<td>
					le 12 OCT 2023</td>
</tr>
<tr>
<td>
					Record Date/Date&nbsp;d’Enregistrement&nbsp;:</td>
<td>
					le 13 OCT 2023</td>
</tr>
<tr>
<td>
					Anticipated Payment Date/Date&nbsp;de&nbsp;Paiement&nbsp;Prévue&nbsp;:</td>
<td>
					le 16 OCT 2023</td>
</tr>
<tr>
<td>
					Symbol/Symbole&nbsp;:</td>
<td>
					CRES</td>
</tr>
<tr>
<td >
					NEW/NOUVEAU&nbsp;CUSIP&nbsp;:</td>
<td>
					22608C 30 1</td>
</tr>
<tr>
<td>
					NEW/NOUVEAU ISIN :</td>
<td>
					CA 22608C 30 1 2</td>
</tr>
<tr>
<td>
					Old/Vieux&nbsp;CUSIP&nbsp;&amp;&nbsp;ISIN&nbsp;:</td>
<td>
					22608C202/CA22608C2022</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>
</article>

Crest Resources Inc.

2023-1015 – Consolidation - Crest Resources Inc. (CRES)

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