le 6&nbsp;juin/June 2023

	Hillcrest Energy Technologies Ltd. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every six&nbsp;(6) pre-consolidated common shares.

	As a result, the outstanding shares of the company will be reduced to approximately 61,322,932&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 June 7, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.

	_______________________

	Hillcrest Energy Technologies Ltd.&nbsp;a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour six&nbsp;(6) actions ordinaires pré-consolidées.

	En conséquence, les actions en circulation de la société seront réduites à environ 61&nbsp;322&nbsp;932&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 7&nbsp;juin&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&nbsp;on&nbsp;a Consolidated Basis/Négociation&nbsp;sur une Base&nbsp;Consolidée&nbsp;:</td>
<td >
				le 8&nbsp;juin/June 2023</td>
</tr>
<tr>
<td >
				Record Date/Date&nbsp;d’Enregistrement&nbsp;:</td>
<td >
				le 9&nbsp;juin/June 2023</td>
</tr>
<tr>
<td >
				Anticipated Payment Date/Date&nbsp;de&nbsp;Paiement&nbsp;Prévue&nbsp;:</td>
<td >
				le 8&nbsp;juin/June 2023</td>
</tr>
<tr>
<td >
				Symbol/Symbole&nbsp;:</td>
<td >
				HEAT</td>
</tr>
<tr>
<td >
				NEW/NOUVEAU&nbsp;CUSIP&nbsp;:</td>
<td >
				431502 20 2</td>
</tr>
<tr>
<td >
				NEW/NOUVEAU&nbsp;ISIN&nbsp;:</td>
<td >
				CA 431502 20 2 6</td>
</tr>
<tr>
<td >
				Old/Vieux&nbsp;CUSIP&nbsp;&amp;&nbsp;ISIN&nbsp;:</td>
<td >
				431502103/CA4315021036</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>

Hillcrest Energy Technologies Ltd.

2023-0604 – Consolidation - Hillcrest Energy Technologies Ltd. (HEAT)

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