Crest Resources Inc. (CNSX:CRES) acquired a 7% stake in OCP Holdings Ltd. for CAD 0.1 million from Garry Stock and 0744350 BC Ltd. on July 6, 2022. The 2.1 million OCP shares were acquired for consideration of 2,688,000 common shares of the Company at a deemed price of CAD 0.10 per share. Together with shares previously purchased, the Company now owns a total of 12,666,667 shares representing 43% of the issued and outstanding shares of OCP. Both Jason Cubitt and Garry Stock, directors of the Company, have abstained from voting on the transaction. The Crest Shares are subject to a statutory four month hold period expiring November 7, 2022.

Crest Resources Inc. (CNSX:CRES) completed the acquisition of a 7% stake in OCP Holdings Ltd. from Garry Stock and 0744350 BC Ltd. on July 6, 2022.