Early Warning News Release - Volatus Capital Corp.

CREST RESOURCES INC.

EARLY WARNING NEWS RELEASE ISSUED PURSUANT TO NI 62-103

ACQUISITION OF COMMON SHARES OF VOLATUS CAPITAL CORP.

Vancouver, B.C. – August 6, 2024 – This news release is being disseminated by Crest Resources Inc. (the

“Acquiror”) pursuant to National Instrument 62-103, The Early Warning System and Related Take -Over

Bid and Insider Reporting Issues, in connection with the acquisition of certain common shares (the

“Common Shares ”) of Volatus Capital Corp. (the “Issuer”), a British Columbia corporation whose

common shares are listed for trading on the Canadian Securities Exchange under the symbol “VC”.

On August 1, 2024 the Acquiror purchased 2,000,000 Common Shares of the Issuer at a price of $0.01 per

Common Share for a total purchase price of $20,000 through the facilities of the Canadian Securities

Exchange. This transaction represents an increase of 5.44 % in the Acquiror’s securityholding percentage

in the issued and outstanding Common Shares of the Issuer, or an increase of 4.80% in the Acquiror’s

securityholding percentage of the deemed outstanding shares of the Issuer assuming exercise of the warrants

held by the Acquiror.

Prior to the transaction, the Acquiror owned or controlled 8,191,416 Common Shares of the Issuer and

4,850,000 warrants representing 22.27% of the issued and outstanding Common Shares based on a total of

36,779,854 Common Shares outstanding as of August 1, 2024; or 13,041,416 Common Shares of the Issuer

representing 31.33% of the outstanding shares assuming exercise of the 4,850,000 warrants held by the

Acquiror.

Subsequent to the transaction, the Acquiror owned or controlled 10,191,416 Common Shares and 4,850,000

warrants of the Issuer representing 27.71% of the issued and outstanding Common Shares based on a total

of 36,779,854 Common Shares outstanding as of August 1, 2024; or 15,041,416 Common Shares of the

Issuer representing 36.13% of the outstanding shares assuming exercise of the 4,850,000 warrants held by

the Acquiror.

The Acquiror has acquired the Common Shares for investment purposes and in accordance with applicable

securities laws. The Acquiror may, from time to time, acquire additional Common Shares and/or other

equity, debt or other securities or instruments (collectively, “ Securities”) of the Issuer in the open market

or otherwise, and reserves the right, subject to applicable securities law, to dispose of any or all of its

Securities in the open market or otherwise at any time and from time to time, and to engage in similar

transactions with respect to the Securities, the whole depending on market conditions, the business and

prospects of the Issuer and other relevant factors.

A copy of the early warning report dated August 6, 2024 filed by the Acquiror in connection with the

acquisition of the Common Shares of the Issuer will be available on SEDAR+ at www.sedarplus.ca under

the Issuer’s profile. Copies of such reports will also be available from the Acquiror upon written request

to Crest Resources Inc. at #2900-733 Seymour Street, Vancouver BC V6B 0S6.

For additional information, contact:

Emma Fairhurst

Chairperson

Crest Resources Inc.

778 819 2709