Mr. Gabriel Obrador reports

CROWN POINT ANNOUNCES PLACEMENT OF US$25.0 MILLION OF SERIES VII NOTES

On July 11, 2025, Crown Point Energy Inc.'s wholly owned Argentine subsidiary, Crown Point Energia S.A. (CPE), issued a total of $25.0-million (U.S.) principal amount of Series VII unsecured fixed-rate notes, which are denominated in U.S. dollars and payable in Argentine pesos.

The total principal amount of the Series VII notes will be repaid in two equal instalments on Jan. 11, 2027, and July 11, 2027. The Series VII notes accrue interest at a fixed rate of 13.0 per cent per annum, payable every six months in arrears from the issue date.

The net proceeds from the offering will be used for general corporate purposes and to make investments in the development of assets in Argentina.

The offering was made pursuant to Crown point energy's negotiable obligations issuance global program for up to $75-million (U.S.) (or its equivalent in other currencies) established by Crown Point Energy's base prospectus dated June 18, 2025, as supplemented by prospectus supplement dated July 7, 2025, copies of which can be found in Spanish on the financial information highway on the CNV website, on the primary placements microwebsite A3 Mercados S.A. and in the Bolsas y Mercados Argentinos S.A.'s (BYMA) daily electronic bulletin.

Following the closing of the offering, Crown Point Energy has the following notes outstanding: $2,089,568 (U.S.) principal amount of Series III notes; $3,369,000 (U.S.) principal amount of Series IV notes; $7,183,058 (U.S.) principal amount of Series V notes; $22-million (U.S.) principal amount of Series VI notes; and $25-million (U.S.) principal amount of Series VII notes.

About Crown Point Energy Inc.

Crown Point is an international oil and gas exploration and development company headquartered in Buenos Aires, Argentina, incorporated in Alberta, Canada, trading on the TSX Venture Exchange and operating in Argentina. Crown Point's exploration and development activities are focused in four producing basins in Argentina, the Golfo San Jorge basin in the province of Santa Cruz, the Austral basin in the province of Tierra del Fuego, and the Neuquen and Cuyano basins in the province of Mendoza. Crown Point has a strategy that focuses on establishing a portfolio of producing properties, plus production enhancement and exploration opportunities to provide a basis for future growth.

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