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GRUN.CN ·

Crestview Exploration Announces Results Of Annual General and Special Meeting

Shareholder Meetings

330 5th Ave, Suite 1800

Calgary, AB T2P 0L3

www.crestviewexploration.com

NR: 1-071323 CSE: CRS – FRA: CE7

Crestview Exploration Announces Results Of Annual General and Special Meeting

Calgary, Canada July 13, 2022 – Crestview Exploration Inc. (CSE: CRS, Frankfurt: CE7) (“Crestview”

or “the Company”) is pleased to announce the results from its Annual General and Special Meeting of

Shareholders (the “Meeting”) held July 13, 2023, in Calgary, Alberta. At the Meeting, shareholders

approved all resolutions put before them by management including election of all director nominees,

appointment of the auditors, and approval of the Company’s amended equity stock option plan.

On Behalf of the Board of Directors,

Chris Wensley, CEO

About Crestview Exploration Inc:

Crestview Exploration is an experienced exploration company focused on the exploration and development of its

portfolio of gold and silver properties located in prolific mining districts of Nevada.

The Rock Creek gold project is Crestview's flagship asset, with 74 unpatented lode mining claims wholly owned and

controlled by CRS. The Rock Creek property was acquired in 2017, and the company went public in 2019. Emboldened

by the results coming out of Rock Creek, Crestview strategically expanded on the land position with the acquisition

of the nearby Divide Mine prospect in April 2020, and the acquisition of the Falcon silver-gold prospect in September

2022. Between the three properties, all targeting similar mineralization and likely the same hydrothermal system,

Crestview now holds 260 total claims in close proximity of one another. These three gold prospects, along with the

nearby Castile prospect, are situated in a region with proven "world class" gold deposits (including Midas, Jerritt

Canyon, Betze-Post, Meikle, and Gold Quarry), where the potential of finding large, high-grade gold-silver deposits

is favourable.

The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is comprised of 31

unpatented lode mining claims, including control of 6 historically producing claims associated with the historic San

Antonio mine. The property is located in the prolific Walker-Lane trend, approximately 44 kms south of the "world

class" Round Mountain deposit.

For further information please contact:

Chris Wensley, Chief Executive Officer

Tel: 1-778-887-3900

Email: [email protected]

Forward-Looking Information

This news release includes certain information that may be deemed “forward-looking information” under applicable securities

laws. All statements in this release, other than statements of historical facts, that address acquisition of the Property and future

work thereon, mineral resource and reserve potential, exploration activities and events or developments that the Company expects

is forward-looking information. Although the Company believes the expectations expressed in such statements are based on

reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ

materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in

the forward-looking information. These include the results of the Company’s due dil igence investigations, market prices,

exploration successes, continued availability of capital financing, and general economic, market or business conditions, and those

additionally described in the Company’s filings with the Canadian securities authorities.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may

differ materially from those projected in the forward-looking information. For more information on the Company, investors are

encouraged to review the Company’s public filings at www.sedar.com. The Company disclaims any intention or obligation to

update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than

as required by law.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS

REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE