ATEX Resources Inc. Announces Completion of Share Consolidation and Name Change

ATEX RESOURCES INC.

(formerly Colombia Crest Gold Corp.)

ATEX Resources Inc. Announces Completion

of Share Consolidation and Name Change

February 8, 2019 - VANCOUVER, BRITISH COLUMBIA: ATEX Resources Inc. (the "Company")

(formerly Colombia Crest Gold Corp. ) (TSX-V: ATX; Pink Sheets: ECRTF; Frankfurt: EAT )

announces that , further to its news release of February 1, 2019, it has changed its name and

consolidated the Company's issued and outstanding common shares (" Shares") on the basis of three (3)

pre-consolidation Shares for one (1) post -consolidation Share effective as of February 8, 2019 (the

"Consolidation").

Prior to implementing the Consolidation, the Company had 9,608,854 Shares issued and outstanding and

immediately after implementing the Consolidation, the Company had 3,202,928 Shares issued and

outstanding. No fractional shares will be issued as a result of the Consolidation. Each fractional share

following the Consolidation that is less than one- half of a share wi ll be cancelled and each fractional

share that is at least one-half of a share will be rounded up to the nearest whole share. The exercise price

and the number of Shares issuable under any of the Company's outstanding stock options and

convertible instruments, as applicable, will be proportionately adjusted in connection with the

Consolidation.

Effective at the opening of trading on February 8, 2019, the pre- Consolidation Shares in the name of

Colombia Crest Gold Corp. were delisted and the post -Consolidation Shares commenced trading under

the name ATEX Resources Inc. The Company's trading symbol is now " ATX" (formerly "CLB").

Holders of Shares who hold un- certificated Shares (including Shares held through a brokerage account

and/or not represented by a physical share certificate) have had their holdings electronically adjusted by

the Company's transfer agent or by their brokerage firms, banks, trust or other nominees. Such holders

do not need to take any additional actions to exchange their pre- Consolidation Shares for post -

Consolidation Shares. Letters of transmittal have been mailed to all registered shareholders holding share

certificates with instructions on how to exchange existing sh are certificates for new share certificates. A

letter of transmittal is also available on SEDAR.

The Company's new CUSIP number is 04681A105 and its new ISIN number is CA04681A1057.

For additional information regarding the Consolidation, please refer to the C ompany's Notice of Annual

General and Special Meeting of Shareholders dated November 1, 2018.

About ATEX Resources Inc.

The Company is a minerals exploration company focused on the acquisition, development and

monetization of projects throughout the Americas.

On behalf of ATEX Resources Inc.

William Jung, CFO

For more information contact:

Email: [email protected]

(604) 684-7160

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the

TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.