Crest Announces Non-Brokered Private Placement

CREST RESOURCES INC.

#2501-550 Burrard Street Vancouver BC V6C 2B5

NEWS RELEASE

CREST ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Not for distribution to United States Newswire Services or for dissemination in the United States

Vancouver, B.C. – January 22, 2024 ‐ Crest Resources Inc. (CSE: CRES) (the “Company” or “ Crest”) is

pleased to announce a non-brokered private placement of up to 5,000,000 units at a price of $0.04 per unit for

proceeds of $ 200,000 (the “Private Placement”). Each unit consists of one common share and one warrant,

each warrant entitling the holder to purchase one common share at a price of $0.05 for a period of five years

from closing. Proceeds will be used for general working capital. The Private Placement is subject to approval

by the Canadian Securities Exchange (the “CSE”).

This news release does not constitute an offer of securities for sale in the United States. The securities being

offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended,

and such securities may not be offered or sold within the United States absent U.S. registration or an applicable

exemption from U.S. registration requirements.

FOR FURTHER INFORMATION CONTACT:

Jason Cubitt

Chief Executive Officer

Emma Fairhurst

Chairperson

Crest Resources Inc.

Telephone: 778 819 1870

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.