CRES Appoints Chief Financial Officer

CREST RESOURCES INC.

Sui t e 1 1 00 - 5 95 H o w e S t re e t, V an c ou v er, BC V 6C 2T5 T (6 0 4) 68 1 -3 17 0 , F (6 0 4 ) 6 8 1 -3 5 5 2

NEWS RELEASE

CREST RESOURCES APPOINTS CHIEF FINANCIAL OFFICER

Vancouver, B.C. – May 22, 2020 ‐ Crest Resources Inc. (CSE: CRES) (the “Company”) is pleased to announce the appointment of Bryce A. Clark, CPA, CGA as Chief Financial Officer of the Company. Mr. Clark practices public accounting and is the owner of Bryce A. Clark & Associates Ltd. located in Vancouver, British Columbia. Mr. Clark has over twenty years of experience serving as Chief Financial Officer, Chief Executive Officer or a director of several TSX Venture Exchange listed public companies in the mining industry.

Mr. Sean Ty has resigned as Chief Financial Officer of the Company effective immediately but will continue in a financial consulting role to the Company. The Company would like to thank Mr. Ty for his contributions in the growth of the Company.

FOR FURTHER INFORMATION CONTACT:

Michael Collins President and CEO Crest Resources Inc.

Telephone: 604-681-3170

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.