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Company Announces CSE Listing Date

Listings & Exchange

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STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF

U.S. SECURITIES LAWS.

Caravan Energy Corporation Announces CSE Listing Date

March 16, 2023 – Vancouver, British Columbia – Caravan Energy Corporation (CSE:CNRG)

(“Caravan” or the “Company”) is pleased to announce that the common shares of the Company are

expected to commence trading on the C anadian Securities Exchange (the “ CSE”) at the market open

tomorrow under the trading symbol “CNRG”.

Additional information on the Company can be found in the Company ’s final prospectus dated March 8,

2023, as filed under the Company’s profile on SEDAR at www.sedar.com.

About Caravan Energy Corporation

Caravan Energy Corporation is a Canadian exploration company listed on the CSE under symbol CNRG .

The Company is currently focused on the exploration of the EBB Nickel -Cobalt property. The property

comprises three contiguous min ing claims covering approximately 2,199.74 hectares near Port Renfrew,

BC.

For further information please contact:

Charn Deol

Chief Executive Officer

Caravan Energy Corporation

[email protected]

604 760- 1781

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility

for the adequacy or accuracy of this news release.

Forward-looking Statements

This press release contains certain forward -looking statements as well as historical information. Readers

should not rely on information in this summary for any purpose other than for gaining general knowledge

of the Company. Forward-looking statements include, but are not limited to, the commencement of trading

of the Company’s common shares on the CSE . The words “expected”, “will”, “will have”, “will be” ,

“estimated” and similar expressions are intended to be among the statements that identify forward-looking

statements. Although the Company believes that its expectations as reflected in any forward -looking

statements are reasonable, such statements involve risks and uncertainties and no assurance can be given

that actual results will be consistent with these forward-looking statements. Except as required by law, the

Company undertakes no obligation to update these forward- looking statements in the event that

management’s beliefs, estimates, opinions or other factors should change.