Mr. Brian Moss reports

CROWN POINT ANNOUNCES ISSUE OF US$8.2 MILLION OF SERIES X NOTES AND US$46.8 MILLION OF SERIES XI NOTES

Crown Point Energy Inc.'s wholly owned Argentine subsidiary, Crown Point Energia S.A. (CPE), has issued $8.2-million (U.S.) principal amount of Series X fixed-rate secured notes and $46.8-million (U.S.) principal amount of Series XI fixed-rate unsecured notes, for total proceeds of $55-million (U.S.). The Series X notes are denominated and payable in U.S. dollars, and the Series XI notes are denominated in U.S. dollars and payable in Argentine pesos.

Payment for the Series X notes consisted of cash, paid in U.S. dollars. The Series X notes will be repaid in eight equal quarterly instalments commencing on Dec. 3, 2027, with the final instalment due on Sept. 3, 2029. The Series X notes bear interest at a fixed rate of 8.5 per cent per annum, payable quarterly in arrears from the issue date. The Series X notes are guaranteed with a pledge on crude oil sales collections from the El Tordillo, Puesto Quiroga and La Tapera concessions.

Payment for the Series XI notes consisted of: (i) $21.8-million (U.S.) in cash; and (ii) the exchange of $25-million (U.S.) principal amount of Series VII notes of the company, which were subsequently cancelled. The Series XI notes will be repaid in five equal semi-annual instalments commencing on Dec. 3, 2026, with the final instalment due on March 3, 2029. The Series XI notes bear interest at a fixed rate of 9.5 per cent per annum, payable quarterly 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's negotiable obligations issuance global program for up to $300-million (U.S.) (or its equivalent in other currencies) established by Crown Point's base prospectus dated June 23, 2026, as supplemented by prospectus supplements dated July 6, 2026, and July 30, 2026, 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 has the following notes outstanding: $22-million (U.S.) principal amount of Series VI notes; $30-million (U.S.) principal amount of Series IX notes; $8,264,901 (U.S.) principal amount of Series X notes; and $46,774,854 (U.S.) principal amount of Series XI 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 Canada, trading on the TSX Venture Exchange and operating in Argentina. Crown Point's exploration and development activities are focused in three producing basins in Argentina, the Golfo San Jorge basin in the provinces of Santa Cruz and Chubut, and the Neuquen and Cuyo (or Cuyana) basins in the province of Mendoza.

We seek Safe Harbor.