Mr. Eric Sprott Invests $4.1 Million IN Crest’S, 20.9% Owned Exploits Discovery Corp.

CREST RESOURCES INC.

Suite 3043 - 595 Burrard Street, Vancouver, BC V7X 1L7

T (604) 681-3170, F (604) 681-3552

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NEWS RELEASE

MR. ERIC SPROTT INVESTS $4.1 MILLION IN CREST’S, 20.9% OWNED EXPLOITS

DISCOVERY CORP.

Vancouver, B.C. – April 27, 2021 ‐ Crest Resources Inc. (CSE: CRES) (“Crest” or the “Company”)

congratulates Exploits Discovery Corp. (“Exploits”) on its $4.1 million fund raising with key investor Eric

Sprott. The entire private placement is being fully s ubscribed and invested into by Mr. Sprott. Upon

completion of the financing, Mr. Sprott will hold 9.81% of the outstanding shares of Exploits on a non -

diluted basis and 14.45% on a fully diluted basis. On close of this financing, Crest will hold an undiluted

18.47% interest, (13.61%) in Exploits.

Michael Collins, chief executive officer and president of Crest, commented: "We are very pleased to see

Exploits mature as an exploration company and develop a strong and diverse shareholder base. Exploits

is well positioned for discovery in Newfoundland. Our investment in Exploits continues to drive value for

Crest shareholders. Exploits is a great example of our core philosophy for investing and building

exploration and related mining technology companies. Crest continues to working to build and value

similar projects, investments and technologies."

About Crest Resources Inc.

Crest Resources Inc. is a British Columbia company listed on the Canadian Securities Exchange under the

symbol CRES. The Company’s principa l business activity is the acquisition, exploration and evaluation of

mineral property assets in Canada, Australia and Peru and the investment in mineral exploration

companies and related mining technologies of merit. The Company’s Canadian 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 Toodoggone with Volatus Capital and

vanadium in Queensland Australia.

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.

Forward-Looking Statements

This news release contains certain forward -looking statements, which relate to future events or future

performance and reflect management’s current expectations and assumptions. Such forward -looking

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statements reflect management’s current beliefs and are based on assumptions made by and information

currently available to the Company. Readers are cautioned that these forward -looking statements are

neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results

to differ materially from those expected including, but not limited to, market conditions, availability of

financing, actual results of the Company’s exploration and other activities, environmental risks, future

metal prices, operating risks, accidents, labor i ssues, delays in obtaining governmental approvals and

permits, and other risks in the mining industry. All the forward -looking statements made in this news

release are qualified by these cautionary statements and those in our continuous disclosure filings

available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof

and the Company does not assume any obligation to update or revise them to reflect new events or

circumstances save as required by applicable law.