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Caravan Energy to Commence Trading on the OTCQB Venture Market

Listings & Exchange

Caravan Energy to Commence Trading on the OTCQB® Venture Market

July 12, 202 3 – Vancouver, B.C. – Caravan Energy Corp. (CSE: CNRG ) (“Caravan” or the

“Company”) is pleased to announce that it has been approved to commence trading on the

OTCQB® Venture Market (the “OTCQB”), on July 12, 2023, under the symbol “CENCF” at market

open.

This U.S. listing will provide the Company with access to a broader base of U.S. and international

retail and institutional investors, ultimately providing investors w ith increased access to data,

transparency and liquidity.

The OTCQB is a premier and established marketplace for entrepreneurial and development-stage

companies to trade in the United States. It is recognized by the United States Securities and

Exchange Commission as an established public market providing public information for analysis

and value of securities. The OTCQB offers companies the opportunity to build their visibility,

expand their liquidity and diversify their shareholder base on an established public market.

On Behalf of the Board of Directors

Charn Deol

President & Director

About the Company

The Company is a mineral exploration company based in Vancouver, BC. and holds options over

the EBB Property located in British Columbia, Canada.

For more information, investors should review the Company’s filings that are available at

www.sedar.com.

Forward-Looking Statements

Certain information contained herein constitutes “forward-looking information” under Canadian

securities legislation. Forward-looking information includes, but is not limited to the proposed

exploration work prospecting, mapping, sampling and geophysical surveys to be completed

on the Property and the anticipated duration and schedule thereof. Generally, forward-looking

information can be identified by the use of forward-looking terminology such as “will”, “will

be” or variations of such words and phrases or statements that certain actions, events or results

“will” occur. Forward -looking statements are based o n the opinions and estimates of

management as of the date such statements are made and they are from those expressed or

implied by such forward-looking statements or forward-looking information subject to known

and unknown risks, uncertainties and other factors that may cause the actual results to be

materially different, including receipt of all necessary regulatory approvals. Although

management of the Company have attempted to identify important factors that could cause

actual results to differ mat erially from those contained in forward -looking statements or

forward-looking informa tion, there may be other factors that cause results not to be as

anticipated, estimated or intended. There can be no assurance that such statements will prove

to be accurate, as actual results and future events could differ materially from those anticipated

in such statements. Accordingly, readers should not place undue reliance on forward - looking

statements and forward-looking information. The Company will not update any forward-looking

statements or forward-looking information that are incorporated by reference herein, except as

required by applicable securities laws.

The CSE does not accept responsibility for the adequacy or accuracy of this release.