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Crest Announces Block Trade of Exploits to Eric Sprott

Corporate Updates

CREST RESOURCES INC.

Suite 3043 - 595 Burrard Street, Vancouver, BC V7X 1J1

T 778-819-2709

NEWS RELEASE

CREST ANNOUNCES BLOCK TRADE OF EXPLOITS TO ERIC SPROTT

Vancouver, B.C. – June 30, 2021 ‐ Crest Resources Inc. (CSE: CRES) (the “Company”) announces that it has

arranged for the sale of 7,000,000 shares in Exploits Discovery Corp (CSE:NFLD) held by Crest - 6,783,700

to entities associated with Eric Sprott, and 216,300 to the market.

The sale of the shares to Mr. Sprott were carried out privately, at current market prices.

Mr. Sprott, through 2176423 Ontario Ltd. has previously acquired a substantial equity position in Exploits.

Acquiring additional shares from Crest will cement Mr. Sprott as a significant shareholder of Exploits going

forward.

The sale by Crest is for strategic investment purposes, enabling Crest to enhance its investment portfolio

and move current early stage green economy projects to the forefront. Crest will continue to hold

approximately 5.9 million shares of Exploits, as Crest believes in the opportunity with Exploits, its

management team and the Exploits Subzone in Newfoundland.

About Crest Resources Inc.

The Company’s principal business activity is the creation, development and investment in mineral

exploration companies and related mining technologies of merit ; and the acquisition, exploration , and

evaluation of mineral property assets in Canada, Australia and Peru. The Company’s assets include various

land and corporate ownership positions within the Exploits Subzone, the newest emerging district -scale

gold exploration and mining district in the province of Newfoundland and Labrador ; mineral recovery

systems with 3RC/Ecomine/Gemina Labs ; copper and gold exploration in the Toodo ggone with Volatus

Capital, and vanadium in Queensland Australia with AusVan Battery Metals.

FOR FURTHER INFORMATION CONTACT:

Michael Collins

President and CEO

Crest Resources Inc.

Telephone: 778-819-2709

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the

policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this

news release.