CDN Maverick Commences Exploration Work At Inferno Silver Property In British Columbia, Canada

CSE: CDN

OTCQB: AXVEF

Frankfurt: A117RU

FOR IMMEDIATE RELEASE

CDN MAVERICK COMMENCES EXPLORATION WORK AT INFERNO SILVER

PROPERTY IN BRITISH COLUMBIA, CANADA

Vancouver, British Columbia - November 3, 2021 - CDN Maverick Capital Corp. ("Maverick" or the "Company") (CSE: CDN; OTCQB:AXVEF; Frankfurt: A117RU) is pleased to announce that it has commenced exploration work at its recently acquired Inferno Silver Property (the "Property") in British Columbia, Canada. The exploration work involves mapping, prospecting and sampling, in combination with a ground magnetic and very low frequency (VLF) electromagnetic geophysical survey. Scope of work for the current work is to confirm historical showings and prospects explored and reported in the past geological / exploration data available on the Property, and to define new target areas by checking the extensions of known mineralized quartz veins / host sedimentary and volcanic rocks. Focus of the work is areas around historical showings on the Property including Inferno, Scarlett, and Stake 2 Occurrences. The field crew was mobilised to the Property in the week of October 11, 2021 and the fieldwork is expected to be completed in six to eight weeks time depending upon the weather.

The three mineral occurrences / showings located on the Property are summarized below.

The Inferno Showing, is located on a south-facing slope overlooking Sinmax Creek at an elevation of 765 metres, approximately 2.3 kilometres southeast of Silverspray Falls on Johnson Creek. In 2011, rock chip sampling yielded up to 504 grams per tonne silver, 1.945 grams per tonne gold, 0.2670 per cent zinc and 0.5020 per cent lead over 0.17 metre in sample IR20; 475 grams per tonne silver, 0.439 gram per tonne gold, 0.6020 per cent zinc, 0.7620 per cent lead, 0.2370 per cent copper and 0.2490 per cent antimony over 0.25 metre in sample IR13 and 262 grams per tonne silver, 0.216 grams per tonne gold, 0.4060 per cent zinc, 0.3910 per cent lead, 0.1160 per cent copper and 0.1130 per cent antimony over 0.35 metre in sample IR18 (Assessment Report 33148).

The Scarlet occurrence is located at 1,350 metres elevation near the southwestern end of a ridge north of Sinmax Creek and east of Johnson Creek. Locally, as exposed in trench OKT88-1 on the Scarlet zone, a 1.5-metre wide quartz vein or veined zone in carbonaceous sediments (shales) hosts scattered pods of galena, pyrite and tetrahedrite with minor sphalerite. The vein(s) have been exposed over a strike length of 40 metres. Alteration patterns include silicification, bleaching and limonite. Another trench is exposed a zone of disseminated pyrite with minor galena stringers. In 1988, selected grab samples (OKG1068 to OKG1072) from trench OKT88-1yielded from 331.0 to

495.0 grams per tonne silver, 48.20 to 57.00 per cent lead, 0.02 to 0.21 per cent zinc, 0.010 to 0.041 per cent copper, 0.10 to 0.13 per cent antimony and 0.04 to 0.19 gram per tonne gold (Assessment Report 18216).

The Stake 2 occurrence is located is near the eastern bank of Johnson Creek, approximately 500 metres north-northeast of its junction with Sinmax Creek. Locally, a quartz vein hosted by chlorite schists is mineralized with galena and sphalerite with minor pyrite and chalcopyrite. In 1977, a rock sample assayed 0.717 per cent lead and 0.430 per cent zinc (Assessment Report 6679).

Cautionary Statement: Investors are cautioned that the above information has been taken from the

BC Government's database at following websites: https://www.mtonline.gov.bc.ca/mtov/home.do. The Company has not verified the information and the information is not necessarily indicative of the mineralization on the Property. The Company believes that the historical information is relevant to an appraisal of the merits of the property and forms a reliable basis for the current exploration program which can help to verify historical mineralization on the Property

The technical information contained in this news release has been reviewed and approved by Afzaal Pirzada., P.Geo., who is a Qualified Person with respect to Maverick's Inferno Property as defined under National Instrument 43-101.

About CDN Maverick Capital Corp.

CDN Maverick Capital Corp. is a Vancouver-based junior resource company whose focus is on the development of their Rainbow Canyon Gold Project, which consists of 668.86 hectares of prospective gold exploration in the Olinghouse Mining District, in the Washoe County Nevada.

ON BEHALF OF THE BOARD OF DIRECTORS

"Sandy MacDougall"

Chairman & Director

Phone: [phone]

This news release contains projections and forward - looking information that involve various risks and uncertainties regarding future events. Such forward - looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward- looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.

Neither the Canadian Securities Exchange ("CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.