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CDN.CN ·

CDN Maverick Appoints Cegielski as Chief Executive Officer

Management Changes

CSE: CDN

OTCQB: AXVEF

Frankfurt: 338B

FOR IMMEDIATE RELEASE

CDN MAVERICK APPOINTS CEGIELSKI AS CHIEF EXECUTIVE OFFICER

Vancouver, British Columbia – January 24, 2023 – CDN Maverick Capital Corp.

(“Maverick” or the “Company”) (CSE: CDN; OTCPINK:AXVEF; Frankfurt: A117RU) is

pleased to announce the appointment of Mr. Adam Cegielski as Chief Executive Officer.

Mr. Cegielski is an entrepreneur holding a BSc. in Applied Biochemistry from the University

of Guelph. In his more than 25 -year career, Mr. Cegielski has served as both senior

executive and director numerous public and private enterprises across the resour ce and

technology sectors. He entered the resource world through the financing development of

the Namekara Vermiculte Mine in Uganda sold to Rio Tinto Mining in 2007 after which he

became a founding director of Cayden Resources (CYD) which developed the El Barqueno

property in Mexico subsequently sold to Agnico Eagle for $205 million in 2014.

Since then, Mr. Cegielski has led successive organizations through multiple rounds of

private and public project financings, initiated and executed dual listings, established key

international and domestic financial relations, oversaw M&A, technical, operational, HR,

investor relations, legal and regulatory functions as well as closing several accretive asset

acquisitions and financings in multiple jurisdictions. He has successfully built global

organizations with world class teams across various industries and in a wide range of

jurisdictions globally.

“CDN Maverick Capital represents an incredibly exciting opportunity to build a world class

portfolio of investment and exploration assets, as well as to advance the recently acquired

Nevasca lithium project in Argentina. We have a 28 square kilometre projected area located

in the southeastern basin of the Salar de Arizaro, one of the largest Salars in the Lithium

Triangle,” commented CEO Adam Cegielski.

Sandy MacDougall, Founder, Executive Chairman and Director of CDN Maverick

expresses: “We are pleased to welcome Adam as CEO of CDN Maverick. His experience

and talent will be valuable resources as we start to agressively buildup the company in

2023.”

Engagement of Independent Trading Group as Market Maker

The Company also announces that it has engaged Independent Trading Group (“ ITG”) to

provide market-making services to the Company. ITG will trade shares of the Company

on the Canadian Securities Exchange and other trading platforms with the objective of

maintaining a reasonable market and improving liquidity. Under the terms fo the

engagement, ITG will receive compensation of $4500 per month for an initial t erm of 3

months. ITG and the Company are at arms-length, and neither ITG nor its principals have

an interest, directly or indirectly, in the securities of the Company.

About CDN Maverick Capital Corp:

CDN Maverick is a Vancouver -based diversified natural resource investment and junior

exploration company whose main focus is the development of critical mineral projects. The

company owns a 100% interest in the Nevasca Lithium Project located in the Arizaro Salar

in Salta, Argentina. Maverick also controls in excess of 1.6 Mio shares of Noram Lithium

Corp. (TSX -V: NRM) which is developing the Zeus Lithium Deposit in Clayton Valley

Nevada, adjacent to Albemarl's Silver Peak Lithium mine and production facili ty. CDN

Maverick also controls a 100% interest in the Rainbow Canyon Gold Project in the

Olinghouse Mining District, in the Washoe County Nevada.

ON BEHALF OF THE BOARD OF DIRECTORS

Sandy MacDougall

Founder, Chairman and Director

[email protected]

C: 778.999.2159

This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future

events. Such forward - looking information can include without limitation statements based on current expectations involv ing a number

of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors t hat could

cause the Company’s actual results to differ materially from those expressed or implied by such forward look ing statements; the

uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual

results and the Company's plans and objectives to differ materially from those expressed in the f orward-looking information. Actual

results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-

looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their

entirety by this notice. The Company assumes no obligation to update forward- looking information should circumstance or

management’s estimates or opinions change.

Neither the Canadian Securities Exchange (“ CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the

CSE) accepts responsibility for the adequacy or accuracy of this release.