CDN Maverick Capital : Acquires Midas Capital And The Olinghouse Property

CSE: CDN

OTCPINK: AXVEF

Frankfurt: A117RU

FOR IMMEDIATE RELEASE

CDN MAVERICK ACQUIRES MIDAS CAPITAL

AND THE OLINGHOUSE PROPERTY

Vancouver, British Columbia - January 7, 2021 - CDN Maverick Capital Corp. ("Maverick" or the "Company") (CSE: CDN; OTCPINK:AXVEF; Frankfurt: A117RU) is pleased to announce that it has acquired all of the outstanding share capital of Midas Capital Inc. ("Midas"), a private arms' length company, pursuant to the terms of a share exchange agreement (the "Agreement") entered into with the sole shareholder and principal of Midas. Midas holds 100% interest in 25 minerals claims known as the Olinghouse Property, which covers an area of approximately 516.52 acres, located in Washoe County, Nevada. Maverick presently holds the Rainbow Canyon Project (the "RC Project") and made this strategic acquisition as an addition to the RC Project; as it encompasses both the northern and southern extensions of the RC Project and is adjacent to the Olinghouse Mine.

Pursuant to the Agreement, dated December 31, 2020, Maverick has acquired all of the issued and outstanding shares of Midas for consideration consisting of $50,000 USD cash and 700,000 common shares issued at a deemed price $0.1575 per share. All shares issued in connection with this acquisition are subject to a statutory hold period of four months plus a day.

About CDN Maverick Capital Corp.

CDN Maverick Capital Corp. is a Vancouver-based junior resource company with projects in North America. CDN Maverick is focused on the development of the following mineral properties:

• The Ranger Lake Gold Project consists of 1,107 hectares of prospective gold exploration in southern Quebec, Canada.
• The Rainbow Canyon Gold Property consists of 417 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.