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Zenith Exploration Inc. Announces the Completion of the Plan of Arrangement

Mergers & Acquisitions

Zenith Exploration Inc.

Suite 1080, 789 West Pender Street

Vancouver, BC V6C 1H2

NEWS RELEASE

ZENITH EXPLORATION INC. ANNOUNCES THE COMPLETION OF THE PLAN OF ARRANGEMENT

Vancouver, BC – September 20 , 2019 – Zenith Exploration Inc. (CSE: “ ZX”) (“ Zenith” or the

“Company”) announces the completion of the plan of arrangement among Zenith, its former wholly

owned subsidiaries High Point Exploration Inc. and Top Exploration Inc. and the shareholders of

Zenith pursuant to the arrangement agreement dated May 28, 2019 (the “Arrangement”). The

Arrangement was approved by the shareholders of Zenith on August 13, 2019 and the Supreme Court

of British Columbia on August 19, 2019. It was filed with the Corporate Registry, was completed and

became effective on September 20, 2019.

Pursuant to the Arrangement, Zenith transferred the Mantle Property to High Point Exploration Inc.

(“High Point”) and the Golden Girl Property to Top Exploration Inc. (“Top Exploration”).

The Arrangement resulted in the shareholders of Zenith receiving one common share in High Point

and one share in Top Exploration with respect to every five common shares of Zenith as of the share

distribution record date (September 13, 2019).

As a result of the Arrangement, Top Exploration has 5,759,282 common shares issued and

outstanding and High Point has 5,759,282 common shares issued and outstanding.

There was no change in the shareholders’ holdings in Zenith as a result of the Arrangement. Upon

completion of the Arrangement, High Point and Top Exploration became reporting issuers in British

Columbia, Alberta and Ontario.

Details of the Arrangement are set out in the management information circular of Zenith dated July

9, 2019 (the “Circular”) available under Zenith’s profile on SEDAR (www.sedar.com).

On Behalf of the Board of Directors

ZENITH EXPLORATION INC.

Brent Hahn

Chief Executive Officer

Telephone: 604-428-7050

Neither the Canadian Securities Exchange nor its Regulation Services Provider acce pts responsibility

for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENT This press release may include forward-looking information within

the meaning of Canadian securities legislation, concerning the business and trading in the common

stock of Zenith Exploration Inc., the raising of additional capital and the future development of the

Zenith Exploration Inc.

News Release Page 2 of 2

business. The forward -looking information is based on certain key expectations and assumptions

made by the company's management. Although the Company belie ves that the expectations and

assumptions on which such forward -looking information is based are reasonable, undue reliance

should not be placed on the forward -looking information because the Company can give no

assurance that they will prove to be correct . These forward-looking statements are made as of the

date of this press release and Zenith disclaims any intent or obligation to update publicly any forward-

looking information, whether as a result of new information, future events or results or otherwise ,

other than as required by applicable securities laws.