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CDN.CN ·

CDN Maverick Completes Debt Settlement

Share Capital & Compensation

CSE: CDN

OTCQB: AXVEF

Frankfurt: 338B

FOR IMMEDIATE RELEASE

CDN MAVERICK COMPLETES DEBT SETTLEMENT

Vancouver, British Columbia, December 31, 2024 – CDN Ma verick Capital Corp. (“CDN

Maverick” or the “Company”) (CSE: CDN | OTC: AXVEF | FSE: 338B) is pleased to announce

that it has settled outstanding indebtedness totaling $235,815, owing to certain arms -length

creditors, through the issuance of 2,620,167 common shares at a deemed price of $0.09 per

Settlement Share. All securities issued in connection with the debt settlement are subject to

restrictions on resale until May 1, 2025 in accordance with applicable securities laws.

ABOUT CDN MAVERICK CAPITAL CORP.

CDN Maverick is a diversified exploration company, with a core focus on lithium. CDN Maverick

is actively seeking to expand its critical minerals portfolio across the Americas, with a firm

commitment to accretive shareholder value creation.

ON BEHALF OF THE BOARD OF DIRECTORS

Sandy MacDougall

Founder, Chairman, and Director

[email protected]

C: 778.999.2159

Simon Studer

Interim CEO and Director

[email protected]

Phone: +41-44-485-2484

FOLLOW US:

Twitter: https://twitter.com/cdnmaverickcorp

Facebook: https://www.facebook.com/CDNMaverickCorp

LinkedIn: https://www.linkedin.com/company/cdnmaverick

Instagram: https://www.instagram.com/cdnmaverickcorp

YouTube: https://www.youtube.com/@cdnmaverickcorp

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 involving a number

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