Crest Announces Appointment of Director

CREST RESOURCES INC.

Suite 3043 - 595 Burrard Street, Vancouver, BC V7X 1J1

T 778-819-2709

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NEWS RELEASE

CREST ANNOUNCES APPOINTMENT OF DIRECTOR

Vancouver, B.C. – August 24, 2021 ‐ Crest Resources Inc. (CSE: CRES) (the “Company” or “Crest” )

announces the appointment of Jason Cubitt as a Director of the Company.

Mr. Cubitt has 25 years of experience working with natural resource companies as founder, sell -side

dealer, and buy -side institutional investor. He currently holds executive and non -executive

board positions with a number of private and publicly traded companies. Mr. Cubitt was formerly Director

of Investments for Vertus Investment Advisory and prior to that he was a co -founder and managing

director of Ascenta Asset Management.

Jason McLaughlin has stepped down as Director to follow other pursuits. The Comp any wishes Jason all

the best in his future endeavours.

FOR FURTHER INFORMATION CONTACT:

Christopher Huggins

President and COO

Crest Resources Inc.

Telephone: 778-819-2709

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the

policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this

news release.