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CDN.CN ·

CDN Maverick Appoints Mr. Michael Macdougall to the Board

Management Changes

CSE: CDN OTCQB: AXVEF Frankfurt: A117RU

FOR IMMEDIATE RELEASE

CDN MAVERICK APPOINTS MR. MICHAEL MACDOUGALL TO THE BOARD

Vancouver, British Columbia – February 17, 2021 – CDN Maverick Capital Corp. (“Maverick” or the “Company”) (CSE: CDN; OTCQB:AXVEF; Frankfurt: A117RU) is pleased to announce the appointment of Mr. Michael MacDougall to the board of directors.

Mr. MacDougall holds a bachelor of science degree and a master’s degree from the University of Victoria and brings over 25 years of experience in leading and managing large organizations, primarily within the Government of British Columbia. As Associate Deputy Minister and Chief Operating Officer (COO) for the Ministry of Health, here oversaw the ministry’s multi-billion dollar annual operating and capital budgets, and implemented several major reforms and consolidations. He also held positions of Chief Executive Officer (CEO) of Shared Services BC and Executive Financial Officer of the Ministry of Environment.

Mr. MacDougall’s experience in the health sector also included the positions of President, Emergency Health Services (which included the BC Ambulance Service) and Executive Vice President, Provincial Health Services Authority. One of his key responsibilities in this role included leading the delivery and strategic direction of the Lower Mainland’s clinical support functions of diagnostic imaging, biomedical engineering and information management.

Mr. MacDougall is currently the Senior Vice President of Health Services for Maximus Canada, where he over sees operations, growth and strategy for the Canadian health portfolio.

About CDN Maverick Capital Corp.

CDN Maverick Capital Corp. is a Vancouver-based junior resource company whose focus is on the development of their Rainbow Canyon Gold Project, which consists of 668.86 hectares of prospective gold exploration in the Olinghouse Mining District, in the Washoe County Nevada.

ON BEHALF OF THE BOARD OF DIRECTORS

“Sandy MacDougall”

Chairman & Director Phone: (604) 662-7902

This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future events. Such forward - looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward- looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management’s estimates or opinions change.

Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.