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GRUN.CN ·

Resignation of Director, Andreas Becker

Management Changes

330 5th Ave, Suite 1800

Calgary, AB T2P 0L3

www.crestviewexploration.com

Crestview Exploration Announces Resignation of Andreas Becker As Director

Vancouver, Canada August 21, 2024 – Crestview Exploration Inc. ( CSE: CRS, Frankfurt: CE7 )

(“Crestview” or “the Company”) announces the resignation of Andreas Becker as a Director of the

Company. Mr. Becker’s resignation is effective as of August 20, 2024.

On Behalf of the Board of Directors,

“Chris Wensley”

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 Tuscarora Complex includes the Rock Creek, Dry Creek, and Falcon claim blocks for a total of 239

claims. The Rock Creek gold project is Crestview’s flagship asset, with 72 unpatented lode mining claims

wholly owned and controlled by Crestview. 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 claim staking at Dry Creek (43 claims), and later (September, 2022)

with the acquisition of the Falcon silver-gold prospect (124 claims). These three claim blocks are all within

close proximity and are targeting similar mineralization and likely the same underlying hydrothermal

system. The Tuscarora Complex is 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 favorable.

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 diligence 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