Early Warning News Release Issued Pursuant to Ni 62-103 Acquistion of Common Shares of Origen Resources Inc.

CREST RESOURCES INC.

EARLY WARNING NEWS RELEASE ISSUED PURSUANT TO NI 62-103

ACQUISTION OF COMMON SHARES OF ORIGEN RESOURCES INC.

Vancouver, B.C. – July 7, 2021 – This news release is being disseminated by Crest Resources Inc. (the

“Acquiror”) pursuant to National Instrument 62-103, The Early Warning System and Related Take -Over

Bid and Insider Reporting Issues, in connection with the acquisition of certain common shares (the

“Common Shares ”) of Origen Resources Inc. (the “Issuer”), a British Co lumbia corporation whose

common shares are listed for trading on the Canadian Securities Exchange under the symbol “ORGN”.

On July 7, 2021 , the Acquiror purchased 320,000 Common Shares of the Issuer through the Canadian

Securities Exchange representing 0.99% of the issued and outstanding Common Shares of the Issuer (the

“Transaction”).

The Acquiror’s securityholding percentage in the Common Shares as a re sult of Transaction went from

9.26% prior to the Transaction to 10.24% following the Transaction.

Prior to the Transaction, the Acquiror owned and controlled 3,000,000 Common Shares and 416,667

warrants representing 9.26% of the then issued and outstanding Common Shares based on a total of

32,425,906 Common Shares outstanding as of July 7, 2021 (or 10.41% assuming exercise of the warrants).

Subsequent to the Transaction, the Acquiror owned and controlled 3,320,000 Common Shares

representing 10.24% of the i ssued and outstanding Common Shares of the Issuer (or 11.38% assuming

exercise of the warrants).

Michael Collins (“Collins”), the President and Chief Executive Officer of the Acquiror, is a joint actor of the

Acquiror as that term is used in NI 62-103.

Prior to the Transaction, the Acquiror together with Collins owned and controlled 4,200,000 Common

Shares, 616,667 warrants and 200,000 options of the Issuer representing 12.96% of the then issued and

outstanding Common Shares of the Issuer based on a total of 32,425,906 Common Shares outstanding as

of July 7, 2021 (or 15.10% assuming exercise of the warrants and options).

Subsequent to the Transaction, the Acquiror together with Collins owned and controlled 4,520,000

Common Shares of the Issuer , 616,667 warra nts and 200,000 options representing 13.94% of the then

issued and outstanding Common Shares of the Issuer based on a total of 32,425,906 Common Shares

outstanding as of July 7, 2021 (or 16.06% assuming exercise of the warrants and options).

The 320,000 Common Shares were acquired at a price of $0.32 per Common Share for total consideration

of $102,400.

The Acquiror has acquired the Common Shares for investment purposes and in accordance with applicable

securities laws. The Acqui ror may, from time to time, acquire additional common shares and/or other

equity, debt or other securities or instruments (collectively, “Securities”) of the Issuer in the open market

or otherwise, and reserves the right, subject to applicable securities law, to dispose of any or all of its

Securities in the open market or otherwise at any time and from time to time, and to engage in similar

transactions with respect to the Securities, the whole depending on market conditions, the business and

prospects of the Issuer and other relevant factors.

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A copy of the early warning report dated July 7, 2021 to be filed by the Acquiror in connection with the

acquisition of the Common Shares of the Issuer will be available on SEDAR at www.sedar.com under the

Issuer’s profile. Copies of such reports will also be available from the Acquiror upon written request to

Crest Resources Inc. at #3043, 595 Burrard Street, Vancouver, BC V7X 1J1 Tel: 778 819 2709.

For additional information, contact:

Michael Collins

President and CEO

Crest Resources Inc.

778 819 2709