Persta Resources : FURTHER UPDATE ON THE PUBLICATION OF THE 2020 AUDITED ANNUAL RESULTS ANNOUNCEMENT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representations as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Persta Resources Inc.

(incorporated under the laws of Alberta with limited liability)

(Stock code: 3395)

FURTHER UPDATE ON THE PUBLICATION OF

THE 2020 AUDITED ANNUAL RESULTS ANNOUNCEMENT

This announcement is made by the board (the ''Board'') of directors (the ''Directors'') of Persta Resources Inc. (the ''Company'') pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'') and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcement of the Company dated March 19, 2021, March 26, 2021, March 29, 2021, March 31, 2021 and April 16, 2021 (collectively, the ''Announcements'') in relation to, among other things, the delay in the publication of the audited 2020 Annual Results. Unless otherwise specified, terms used herein have the same meanings as the Announcements.

As disclosed in the announcement of the Company dated April 16, 2021, until the Required Documents have been filed, the Company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing bi-weekly default status reports in the form of further announcements for so long as the Company remains in default of the financial statement filing requirement. In the event that the Company does not file the Required Documents in a timely manner, the ASC may impose an issuer cease trade order on the outstanding securities of the Company.

The Board wishes to update the Company's shareholders and potential investors that the Board and the Company's management are working expeditiously with BDO to prepare and file the Required Documents and expect to do so on or about May 17, 2021, and the Company expects to publish the audited 2020 Annual Results and despatch the annual report for the year ended December 31, 2020 (the ''2020 Annual Report'') on or about May 17, 2021. The Board also confirms that since the Company's announcement dated April 16, 2021, there has been no other material information respecting the Company's affairs that has not been generally disclosed.

- 1 -

Shareholders and potential investors of the Company should exercise caution when dealing in the securities of the Company.

By Order of the Board

Persta Resources Inc.

Yongtan Liu

Chairman

Calgary, April 29, 2021

Hong Kong, April 30, 2021

As at the date of this announcement, the Board comprises of two executive Directors, being Mr. Yongtan Liu and Mr. Pingzai Wang; and three independent non-executive Directors, namely Mr. Richard Dale Orman, Mr. Peter David Robertson and Mr. Larry Grant Smith.

- 2 -