Early Warning News Release Issued Pursuant to Ni 62-103 Disposition of Common Shares of Volatus Capital Corp.

CREST RESOURCES INC.

EARLY WARNING NEWS RELEASE ISSUED PURSUANT TO NI 62-103

DISPOSITION OF COMMON SHARES OF VOLATUS CAPITAL CORP.

Vancouver, B.C. – March 17, 2023 – 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 disposition of certain common shares (the

“Common Shares ”) of Volatus Capital Corp. (the “Issuer”), a British Columbia corporation whose

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

On March 17, 2023 the Acquiror sold 1,000,000 Common Shares of the Issuer at a price of $0. 03 per

Common Share for a total sale proceeds of $30,000. This transaction represents a decrease of 2.8% in the

Acquiror’s securityholding percentage in the issued and outstanding Common Shares of the Issuer, or a

decrease of 2.47% in the Acquiror’s securityholding percentage of the deemed outstanding shares of the

Issuer assuming exercise of the warrants held by the Acquiror.

Prior to the transaction, the Acquiror owned or controlled 9,191,416 Comm on Shares of the Issuer and

4,850,000 warrants representing 25.72% of the issued and outstanding Common Shares based on a total of

35,748,604 Common Shares outstanding as of March 17, 2023; or 14,041,416 Common Shares of the Issuer

representing 34.59% of t he outstanding shares assuming exercise of the 4,850,000 warrants held by the

Acquiror.

Subsequent to the transaction, the Acquiror owned or controlled 8,191,416 Common Shares and 4,850,000

warrants of the Issuer representing 22.92% of the issued and outstanding Common Shares based on a total

of 35,748,604 Common Shares outstanding as of March 17, 2023; or 13,041,416 Common Shares of the

Issuer representing 32.13% of the outstanding shares assuming exercise of the 4,850,000 warrants held by

the Acquiror.

The Acquiror has disposed of the Common Shares for investment purposes and in accordance with

applicable securities laws. The Acquiror 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.

A copy of the early warning report dated March 17, 2023 filed by the Acquiror in connection with the

disposition 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 #2900-733 Seymour Street, Vancouver BC V6B 0S6.

For additional information, contact:

Emma Fairhurst

Chairperson

Crest Resources Inc.

778 819 2709