Mr. Darren Moulds reports

ALPINE SUMMIT ENERGY PARTNERS ANNOUNCES OCTOBER 2022 DIVIDEND

Alpine Summit Energy Partners Inc.'s board of directors, in accordance with its current monthly dividend policy, has declared a dividend of three U.S. cents per subordinate voting share for the month of October, 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also declared a dividend on the company's multiple voting shares equal to $3.00 (U.S.) per share and a dividend on the company's proportionate voting shares equal to three U.S. cents per share.

The dividend is payable on Oct. 31, 2022, to the shareholders of record at the close of business on Oct. 17, 2022. The dividend qualifies as an eligible dividend as defined in the Income Tax Act (Canada).

About Alpine Summit Energy Partners Inc.

Alpine Summit is a United States-based company that operates and develops oil and gas assets.

We seek Safe Harbor.