Crown Point Energy Inc. will offer to shareholders of record on June 15, 2026, rights to purchase common shares of the company. One right will be issued for each share held. One right and 41.150549 U.S. cents are required to purchase 3.29204388 shares. The expiry date for the rights offering is July 13, 2026, at 5 p.m. Toronto time. As at June 11, 2026, the company had 72,903,038 shares issued and outstanding.

Effective at the opening of June 15, 2026, the shares of the company will trade ex rights and the rights will commence trading at that time. The company is classified as an oil and gas exploration/development company.

Summary

Basis of offering:  one right and 41.150549 U.S. cents are required to purchase 3.29204388 shares

Record date:  June 15, 2026

Shares trade ex rights:  June 15, 2026

Rights called for trading:  June 15, 2026

Rights trade for cash:  July 13, 2026

Trading in the rights shall be for cash same day settlement on the expiry date.

Rights expire:  July 13, 2026, at 5 p.m. Toronto time

Halt and delist:  The rights will be halted at noon Toronto time, on July 13, 2026, and delisted at the close.

Trade dates

July 13, 2026 -- to settle -- July 13, 2026

On the expiry date of the rights, trading in the rights shall cease at 9 a.m. (Vancouver time), 10 a.m. (Calgary time) and noon (Toronto and Montreal time).

Rights trading symbol:   CWV.RT

Rights Cusip No.:  228462305

Subscription agent and trustee:  Olympia Trust Company

Authorized jurisdiction(s):  each province of Canada, excluding Quebec

For further details, please refer to the company's rights offering short form prospectus dated June 5, 2026.