Crystal Exploration Announces Private Placement

WEB: WWW.CRYSTALEXPLORATION.COM

EMAIL: [email protected]

TELEPHONE: 604 260 6977

TSXV: CEI

NEWS RELEASE

CRYSTAL EXPLORATION ANNOUNCES PRIVATE PLACEMENT

Vancouver – September 15, 2017 – CRYSTAL EXPLORATION INC. (the “Company” or

“Crystal”) (TSXV: “ CEI”) (OTCQB: “ CYRTF”) proposes to complete a non -brokered private

placement financing of up to 4,166,666 units (“ Units”) at a price of $0.12 per Unit for gross

proceeds of up to $ 500,000. Each Unit will consist of one (1) flow-through common share, and

one-half (1/2) non flow-through common share purchase warrant. Each whole warrant will entitle

the holder to purchase one (1) additional common share of the Company at an exercise price of

$0.18 for a period of 12 months from the date of issue of the warrant. In the event that the common

shares of the Company trade at a closing price greater than $0.36 per share for a period of 20

consecutive days, then the Company may deliver a notice to the warrant holders that they must

exercise the warrants with the next 30 days, or the warrants will expire.

Proceeds from the private placement will b e used for Canadian exploration expenditures to

advance gold and diamond projects located in Nunavut, Canada.

All securities issued will be subject to a four -month hold period. The offering is subject to the

approval of the TSX Venture Exchange (the "TSXV") and finder's fees may be payable in

accordance with the policies of the TSXV.

Shareholders seeking further information about participation in the Placement should contact the

Company at the telephone number or email address above.

About Crystal Exploration Inc.

Crystal is a Canadian gold & diamond exploration company with its common shares listed for

trading on the TSX Venture Exchange. Crystal is backed by proven and seasoned resource sector

professionals, who have a track record of advancing exploration projects from grassroots through

to production scenarios.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ “Jim Greig”

Jim Greig,

President and Chief Executive Officer

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFI NED IN THE

POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS

RELEASE.