Crest Appoints Interim CFO

CREST RESOURCES INC.

Suite 3043 - 595 Burrard Street, Vancouver, BC V7X 1J1 T 778-819-2709

NEWS RELEASE

CREST APPOINTS INTERIM CFO

Vancouver, B.C. – June 5, 2023 ‐ Crest Resources Inc. (CSE: CRES) (the “Company” or “Crest”) announces that effective June 5, 2023, Ms. Emma Fairhurst, the Company’s Chairperson and director, is appointed as interim CFO while the Company seeks to identify a permanent CFO. Mr. Alan Tam has resigned his position as CFO effective May 31, 2023. The Company wishes to thank Mr. Tam for his contributions to the Company and wishes him success on his new endeavours.

FOR FURTHER INFORMATION CONTACT:

Jason Cubitt Chief Executive Officer

Emma Fairhurst Chairperson

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.

{01993991;1}