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Corporate Update

Corporate Updates

CROSS RIVER VENTURES CORP.

Suite 1012, 1030 West Georgia Street

Vancouver, British Columbia

V6E 2Y3

NEWS RELEASE

CORPORATE UPDATE

Vancouver, British Columbia, Canada – August 30, 2024 – Cross River Ventures Corp. (the “Company” or

“Cross River”) (CSE: CRVC) (FWB:C6R) is pleased to provide a corporate update.

Northern Dominion Metals Corp. – Bankruptcy

Since the change in leadership in February 2024, the Company had initiated Company wide restructuring

efforts to lower its liabilities at the parent level and its subsidiary, Northern Dominion Metals Corp.

(“Subsidiary”). During the most recent fiscal quarter, the Subsidiary has filed for bankruptcy and has

appointed MNP Ltd. (“ MNP”) as the receiver to carry out all statutory duties and responsibilities of a

trustee as outlined in the Bankruptcy and Insolvency Act.

As the Subsidiary had no assets and no parent corporate guarantee, the Company expects all liabilities of

the Subsidiary to be relieved when the bankruptcy court issues a discharge of the Bankruptcy Trustee.

About the Company

Cross River is a gold exploration company focused on the development of top tier exploration properties

located in emerging Greenstone Districts of NW Ontario, Canada. The Company controls over 20,000-ha

within a multiple project portfolio containing highly prospective ground in and among prolific, gold

bearing greenstone belts. Cross River’s common shares trade in Canada under the symbol “CRVC” on the

CSE, and in the US under the symbol “CSRVF” on the OTCQB. Please visit www.crossriverventures.com

for more information.

On behalf of the Board of Directors of

CROSS RIVER VENTURES CORP.

Sam Wong

CEO

[email protected]

www.crossriverventures.com

The Canadian Securities Exchange has in no way passed upon the merits of the proposed transaction and

has neither approved nor disapproved the contents of this news release. Neither the Canadian Securities

Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian

Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.