Mineral Road Discovery Inc.

Crest Resources Inc., congratulates Exploits Discovery Corp. on the acquisition and consolidation of ground surrounding its’ wholly owned Jonathan’s Pond Gold Project, located in the Exploits Subzone Gold Belt, Newfoundland and Labrador. Exploits has entered into an agreement with New Found Gold Corp. to acquire 11.25 km² of mineral claims for 6,562,799 shares of Exploits, and a 2% net smelter royalty. The shares are [...]

Crest Resources Inc. announces that the Company continues to pursue the closing of its acquisition of shares of OCP Holdings Ltd., formerly Ore Capital Partners Ltd., as detailed in its news release of August 6, 2020. Closing remains subject to completion of a satisfactory due diligence review. The Company has also entered into share exchange agreements dated December 3, 2020 with each of Michael Collins , the President [...]

Crest Resources Inc. is pleased to announce that all of the resolutions put forth prior to adjournment at its Annual General and Special Meeting of Shareholders held on December 3, 2020 have been approved. The number of Directors was set at four and the Shareholders elected Michael Collins, Jason K. McLaughlin, Garry Stock and Jonas Lauren Norr as Directors. Manning Elliott, LLP was appointed as auditor for the ensuing [...]

Crest Resources Inc. announces that effective November 19, 2020 it has adopted an amended restricted share unit plan, to that previously approved by the Board of Directors on February 28, 2020. For awards granted under the RSU Plan to exceed 10% of the Company's outstanding shares in any 12 month period, the plan must be approved by the Company's shareholders. In that regard, the Company has mailed to its Shareholders an [...]

Crest Resources Inc. is pleased to announce that it has entered into an agreement to sell its 100% interest in the Lunar Frog property to Volatus Capital Corp. in consideration for 1,500,000 common shares of Volatus. Crest will retain a 1.5% net smelter return royalty on the property. This is a non-arm's length transaction as the Company currently holds 24.05% of the common shares of Volatus. Michael Collins, the [...]

Crest Resources Inc. is pleased to announce that the Company has entered into a property option agreement with Opawica Explorations Inc. to sell Opawica up to a 100% undivided interest, subject to a retained royalty reserved by Crest, in the Enterprise property located in the Exploits Subzone of Central Newfoundland and Labrador. Property Highlights - The Enterprise Property represents an exceptional geophysical [...]

Crest Resources Inc. is pleased to announce that it has entered into an agreement to sell its 29.7% interest in 1255919 B.C. Ltd. which holds title to the Dog Bay gold property to Exploits Discovery Corp. . 1255919 B.C. Ltd. controls a series of four claim blocks, totaling 769 claims and 192.5 square kilometres in area, located in Port Albert Peninsula, Dog Bay, Newfoundland. The Property covers rocks of the Exploits [...]

Crest Resources Inc. is pleased to announce that it has appointed Mr. Christopher Huggins as Vice President, Capital Markets. At the Company's Annual General and Special Meeting held November 25, 2019, the Company's shareholders approved a resolution authorizing the Company to expand its corporate objectives including to become an investment issuer. In furtherance of this goal, Mr. Huggins' experience with grassroots [...]

Crest Resources Inc. is pleased to announce that further to the Company's news release of September 2, 2020, the Company has completed the sale of 5,000,000 common shares of its investment in Exploits Gold Corp., a private company with mineral assets in Newfoundland, to Exploits Discovery Corp. , listed on the Canadian Securities Exchange under the symbol "NFLD" that is focused on gold exploration in the prolific Exploits [...]

Crest Resources Inc. is pleased to announce that its founding investment in Exploits Gold Corp. will be exchanged for 5,000,000 common shares of Mariner Resources Corp. on a one-for-one basis, following Mariner's acquisition of 100% interest in Exploits Gold Corp. Crest is the largest shareholder in Mariner, who has now become the largest mineral landholder in Newfoundland. President and CEO Michael Collins comments [...]