Crown Point Files Letter to Shareholders and Management Information Circular for February 24 Shareholder Meeting - Seite 2

Message from the Chair

January 22, 2015

Dear Crown Point Shareholder,

You have important choices to make that will affect the value of your investment in Crown Point Energy Inc. ("Crown Point" or "Company"). At the shareholders meeting on February 24, 2015, or by the WHITE PROXY in advance, we recommend that you vote:

• FOR a US$8.5 million second tranche private placement of shares (the "Second Tranche") with two strategic investors. Among its many benefits, the Second Tranche will provide essential funds that will allow Crown Point to continue with near-term exploration and development initiatives, which so far have been favourable.
  
  

• AGAINST an attempt by dissidents led by LAIG Oil Investments ("LAIG") to take control of the Board and the Company. Be aware that LAIG has not disclosed all material information to you, especially a demand that Crown Point issue to LAIG a control block of equity and warrants (the "Inferior Proposal") at a price that is well below the Second Tranche financing price.

Your Company has a highly experienced management team and a strong majority-independent Board. We believe that we are poised to increase production, cash-flow and reserves by carefully deploying for exploration and development the funds we receive from the Second Tranche. We are confident that our strategy will create value for the benefit of all shareholders.

Don't accept what the dissidents are telling you at face value. Read the Management Information Circular to understand why you should be skeptical of LAIG's self-described capabilities. Our research indicates that it may have exaggerated its history and failed to disclose its shortcomings and the inexperience of its dissident nominees as directors of publicly traded companies. LAIG has presented itself to you as Argentine, but elsewhere it admits to being a foreign investor in Argentina.

We believe that LAIG's agenda is to gain control of Crown Point's Board and then pursue a self-serving financing strategy, all of which is designed to gain control of the Company at the expense of Crown Point and its other shareholders. We think that LAIG launched this costly and distracting proxy contest to further that agenda.

Crown Point's strategy is working

Crown Point's Board and management team has carefully navigated the Company through a difficult period in Argentina and now our strategy is working. We designed it to deliver low-risk growth and capitalize on large potential exploration upside in Argentina. Our primary focus at present is to increase production in Tierra del Fuego (TDF) through exploration and development drilling.