Mr. Gordon Kettleson reports

CROWN POINT ANNOUNCES RESIGNATION OF CEO

Gabriel Obrador has resigned as the president, chief executive officer and a director of Crown Point Energy Inc. and its subsidiaries, effective on July 31, 2025, to pursue other opportunities. The board of directors of Crown Point has commenced a search process to identify a qualified candidate to replace Mr. Obrador. In the interim, Marisa Tormakh, the vice-president, finance, and chief financial officer of the company, and Hermann Steinbuch, the vice-president, operations, of Crown Point Energia SA (the company's Argentine subsidiary), will fulfill the president and CEO's duties for the company.

Gordon Kettleson, Crown Point's chairman, said: "On behalf of our board of directors and staff, I would like to thank Gabriel for his dedicated service to Crown Point. I look forward to reporting back to shareholders when we have concluded our search for a new CEO."

About Crown Point Energy Inc.

Crown Point is an international oil and gas exploration and development company headquartered in Buenos Aires, Argentina, incorporated in 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 Cuyo (or Cuyana) basins in the province of Mendoza.