Powerband Appoints INFOR Financial Inc. for Market Maker Services

Vancouver, British Columbia–(Newsfile Corp. – October 23, 2018) –  PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (FSE: 1ZVA) (“PowerBand” or the “Company”), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has retained INFOR Financial Inc. (“INFOR Financial“) to provide market making services on the TSX Venture Exchange (the “TSX-V“), in compliance with the policies and guidelines of the exchange.

INFOR Financial will trade the securities of PowerBand on the TSX-V for the purpose of maintaining an orderly market and to provide liquidity of PowerBand’s common shares. PowerBand will pay INFOR Financial $6,000 per month for a minimum term of four months renewable every month thereafter.  Each party will have an option to cancel upon thirty days’ prior notice. There are no performance factors contained in the agreement and INFOR Financial will not receive shares or options as compensation. INFOR Financial and PowerBand are unrelated and unaffiliated entities, but INFOR Financial and/or its clients may have an interest, directly or indirectly, in the securities of PowerBand.

About PowerBand

PowerBand is a technology provider listed on the TSX Venture Exchange that is developing solutions for automotive and other industries that drive efficiency and transparency in the marketplace. PowerBand has developed and commercialized a leading-edge online auction platform that increases revenues and profit margins for its automotive dealership, Original Equipment Manufacturer, commercial fleet and rental company customers. PowerBand’s remarketing platform, the PowerBand Exchange, incorporates the industry’s latest auction technologies, inventory management, market intelligence, and appraisal processes.

About INFOR Financial

INFOR Financial Inc. is a leading Canadian independent investment bank offering advice on mergers and acquisitions, capital raises, risk management, private funds and corporate restructurings.  Since inception, INFOR Financial Inc. has consistently been ranked as one of the top independent M&A advisors in Canada.

For further information, please contact:

Richard Goldman, VP Corporate Development
1-866-768-7653
rgoldman@powerbandsolutions.com


FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as at the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

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Ammbr Partners with Global Blockchain for Network Development and Public Crowdsale

Singapore-based Ammbr, which develops a distributed “wireless mesh” internet access network, including the corresponding hardware solutions, has partnered with Global Blockchain Mining Corp. to launch its crypto asset, the AMR token, and administer its public crowdsale. The AMR token will be the official currency of Ammbr’s network protocol, which acts as a distributed internet service provider. The public crowdsale will be hosted on the Singularity exchange, and is presently set to begin in December.
 

Vancouver, British Columbia–(Newsfile Corp. – October 23, 2018) – GLOBAL BLOCKCHAIN MINING CORP. (CSE: FORK) (OTC Pink: GBCHF) (“FORK” or the “Company”) announces that it has partnered with Ammbr Foundation Pte. Ltd. (“Ammbr”) to launch its AMR crypto asset, and conduct its public crowdsale on Singularity (https://singularity.exchange). Ammbr has developed a network protocol which provides “wireless mesh” internet access using a distributed network of routers, creating a democratized and trustless internet service provider equivalent. It has also developed three different router products, including a portable router, an in-home router, and a solar-powered outdoor router. The AMR crypto asset will be the Ammbr network’s official currency, as a means of providing access to the network, as well as facilitating transactions on it.

The public crowdsale for AMR, which is set to begin in December, follows its private sale, which has been successfully completed. Participants in the public crowdsale can purchase AMR using any asset that is traded on the Singularity Exchange, owned and operated by Global Blockchain Technologies Corp., FORK’s sister company. As of this writing, 400,000,000 AMR tokens will be available in the public crowdsale, which will be priced at US $0.025 each. The total issuance of AMR tokens is 2,000,000,000 units. In exchange for its advisory and crowdsale administration services, FORK will receive 241,550,000 AMR tokens, as well as 10% of all proceeds from the public crowdsale. The Company will also operate nodes on the Ammbr network, which are positioned to generate consistent revenue. The expected launch date of the Ammbr network will align with the 2019 Mobile World Congress (February 25 to 28 in Barcelona), at which Ammbr and FORK will have presence.

“The versatility of wireless mesh networks like Ammbr’s network is incredible”, said Shidan Gouran, President and CEO of the Company. “It is widely used by the US military, and even Google is incorporating it into its wireless home products. In the first world, we take for granted how readily available the internet is. Wireless mesh networks will improve internet accessibility in regions where this is not the case, which will translate to social, environmental, and economic impact in developing regions. By using a blockchain network to manage Ammbr’s network with its own cryptocurrency, this version of a mesh network will be scalable and sustainable, with easy setup using Ammbr’s plug-and-play network hardware.”

FORK Chairman Steve Nerayoff added, “According to the World Bank, more than 76% of the US population uses the internet. However, if you compare that to regions such as sub-Saharan Africa at 19.84%, it is easy to see that much of the world is yet to benefit from the abilities of the internet as a widely available resource. Since wireless mesh networks can spread internet connectivity more evenly within a given region, Ammbr’s network will be positioned to bring significant changes to many parts of the world. With blockchain technology at the network’s foundation, it can be rapidly built, scaled, and incentivized. Combining the abilities of our team and Ammbr’s hardware development expertise, this partnership will make a large-scale wireless mesh network a near-term reality.”

“FORK is our ideal partner for this undertaking, because their team is just as versed in communications as they are in blockchain”, commented Derick Smith, founder of Ammbr. “There are not many people who have had the kind of influence on telecom and wireless technology that members of FORK’s team and advisors have. While blockchain is the current focus, Ammbr is primarily about wireless networking. Given that FORK will be able to approach our integration of blockchain technology into wireless mesh networks with a 360-degree view of all of the technologies involved, we foresee this going very smoothly, with some impressive launch to be seen at Mobile World Congress.”

Demonstrations of Ammbr’s technologies will be available in FORK’s private suite at CES 2019 in Las Vegas. Interested parties may contact FORK to arrange an invitation.

For more information about Ammbr, please visit www.ammbrtech.com.

On behalf of the Company:
Shidan Gouran, President and CEO
info@globalblockchain.io

For more information please contact:
Global Blockchain Mining Corp. Investor Relations
ir@globalblockchain.io

About Global Blockchain Mining Corp.

Global Blockchain Mining Corp. is a technology company that is engaged in the business of mining blue-chip cryptocurrencies through the deployment of hardware and associated infrastructure to mine these coins. Investors, through their investment in the Company, are provided with exposure to these cryptocurrencies without the lengthy, and complicated process that interested investors must undergo in order to gain exposure to these cryptocurrencies.

The Company is listed on the Canadian Securities Exchange (“CSE“) and its common shares trade under the ticker symbol “FORK”. Additional information relating to the Company is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com as well as on the Company’s website at: www.forkcse.com

Cautionary Note Regarding Forward-Looking Information

Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”,”may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed onthe forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

Neither the 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.

Upco International Inc. Announces Closing of First Tranche of Financing

Vancouver, British Columbia–(Newsfile Corp. – October 18, 2018) – Upco International Inc. (CSE: UPCO) (OTCQB: UCCPF) (Frankfurt: U06) (“Upco”) is pleased to announce it has closed the first tranche of the previously announced financing to rasie up to $1 million at $0.22 per share and issue up to 4,550,000 shares of the Company. Pursuant to the first tranche, Upco has issued 1,967,998 shares at $0.22 per share for gross proceeds of $432,960. The Proceeds will be used for general working capital. All the shares issued will have a 4 month hold.

About Upco International Inc.

Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco E-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments.

www.upcointernational.com

ON BEHALF OF THE BOARD OF DIRECTORS

Andrea Pagani, CEO and Director
office@upcointernational.com
212-461-3676

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively “forward- looking information”) within the meaning of applicable securities laws. Forward- looking information is typically identified by words such as: “will” “may” “believe”, “expect”, “anticipate”, “intend”, “estimate”, “development”, “forthcoming”, “potentially” and similar expressions, or are those, which, by their nature, refer to future events. Upco cautions investors that any forward-looking information provided by Upco is not a guarantee of future results or performance.

Hydro66 delivers 8 MW planned expansion on time and on budget

Current capacity of 19.2 MW is largest HPC colocation data center in the Nordics and is powered by renewable energy

Boden, Sweden–(Newsfile Corp. – October 18, 2018) – Hydro66 Holdings Corp (CSE: SIX) (“Hydro66” or “the Company”), is pleased to announce the completion of all 8 MW of the H2 2018 expansion project announced on July 31, 2018 on time, on budget and with new customers already occupying the space. Power available to customers in the High Performance Computing (“HPC”) enterprise and blockchain colocation data center in Sweden has now expanded from 11.2 MW to 19.2 MW.

“The demand for more efficient ways to process and store data shows no sign of slowing and companies are looking for better ways to save money and scale up in an environmentally sustainable way”, says Hydro66 CEO Anne Graf. “Businesses planning for large data projects rely on dependable suppliers and Hydro66 are proud of our track record in bringing the largest colocation data center in the Nordics to market, on time and on budget. Our current site has plenty of room for expansion and when fully built out will provide up to 40 MW of colocation”, added Graf.

Hydro66 has been pioneering the message of clean green power at hyperscale. The expansion announced today encompasses 1000 square meters — 8 MW and 400 standard racks – of IT space for HPC apps such as artificial intelligence (“AI”), rendering and blockchain transaction verification services.

Figure 1. Data Center

Cannot view Figure 1? Please visit:
http://orders.newsfilecorp.com/files/5085/40449_a1539816469177_46.jpg

Situated on a 40 MW site beside a 120 MW substation in Boden, Sweden, Hydro66 currently has 19.2 MW deployed. The Phase 1 build out of the site is now completed, with groundworks for Phase 2 (up to an additional 21 MW) already at an advanced stage.

The main drivers for companies to move their data into 3rd party data centers are cost and scalability. HPC application users like the automotive industry, driverless cars, machine-learning, AI, mapping, and weather simulation are attracted to companies like Hydro66 because of grid resilience, green power and an approximate 50% cost reduction compared to legacy data centers.

The client pipeline consists of power intensive enterprise users in a variety of industries. Increasingly this includes hashrate verification companies and HPC solution providers who see great economic and operational potential from tailoring their own solutions via Hydro66 — all while being ready to expand rapidly with short time to market.

FOR MORE INFORMATION, PLEASE CONTACT:

Paul Morrison
Chief Commercial Officer of Hydro66 UK Limited
Paul.morrison@hydro66.com

or

Jason Atkinson
Director, Corporate Development
Jason.atkinson@hydro66.com

About Hydro66

Hydro66 owns and operates a colocation data center in Sweden specializing in HPC hosting. The Company hosts third party IT infrastructure, utilizing 100% green power, at some of the EU’s lowest power prices and within an ISO27001 accredited facility.  The Company is continuing to expand its footprint, with plenty room for ongoing expansion at the existing location.

Hydro66 is uniquely positioned to capitalize on opportunities in blockchain infrastructure as well as the traditional enterprise colocation data center market. The Company provides truly green power at a leading price, purpose-built space and cooling, telecoms, IT support services and 24/7 physical security in their facility in Boden, Sweden.

Revenues are generated from colocation data center services to hashrate service companies and traditional enterprise companies as well as digital currency self-mining (GPU and/or ASIC). Combining the above provides steady, diversified revenue with strong margins. A flexible and rapid build-out schedule will allow Hydro66 to rebalance between business lines as market conditions evolve.

Hydro66 is run by a team with decades of technical expertise in data center facility design, construction, operation and more recently blockchain infrastructure and hashrate services.

Please find us on FacebookTwitterLinkedInGoogle+ and Instagram   

Forward-Looking Information

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company’s annual and quarterly management’s discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

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

DigiCrypts Announces Change of Business Name to DigiMax Global Solutions and Closing of Convertible Debenture Private Placement

Toronto, Ontario–(Newsfile Corp. – October 16, 2018) – DigiCrypts Blockchain Solutions Inc. (the “Company” or “DigiMax Global“) is pleased to announce an update pertaining to the business developments of the Company.

HIGHLIGHTS

  • ICO Max Capital Corp., a subsidiary of DigiCrypts Blockchain Solutions Inc. announces change of name to DigiMax Capital Corp.
  • DigiCrypts Blockchain Solutions Inc. will commence doing business as “DigiMax Global Solutions Inc.”
  • The name of the downloadable App Platform will be changed from “ICO Max” to “DigiMax”
  • DigiMax Global announces completion of a $484,500 Convertible Debenture Private Placement
  • DigiMax Global announces process initiated for listing on the Canadian Securities Exchange

Name Change

DigiCrypts Blockchain Solutions Inc. will begin conducting business as “DigiMax Global Solutionsimmediately followed by a legal name change in the near future. In addition, ICO Max Capital Corp., the operational subsidiary of the Company, will change its name to DigiMax Capital Corp. In response to marketplace shifts away from the use of the term “Initial Coin Offering” or “ICO”, and in order to consolidate the two brand names of the Company into a single, recognizable brand name, management has decided to adopt the DigiMax name including the App Platform that is now available on both Google and Apple.

The App Platform will be promoted using the DigiMax name with reference to the previous ICO Max name until the App itself can be modified as required and approval is obtained from both Google and Apple to modify the name in the respective App Stores.

Closing of Private Placement

DigiMax completed a non-brokered private placement (the “Offering”) of an aggregate principal amount of $484,500 in secured convertible debentures (the “Convertible Debentures”). Each Convertible Debenture bears interest at a rate of 10% per annum, which is payable in cash to the holders thereof on the last date of each calendar quarter for a period of three years from the date of issue or the date the Convertible Debenture is converted. The Convertible Debentures are convertible: (i) at the option of the holder, or (ii) at the option of the Company upon the common shares of the Company having traded on a recognized stock exchange with a closing price equal to or greater than $0.20 for 20 consecutive trading days. On conversion, all of the principal amount of the then outstanding Convertible Debentures will convert into common shares (the “Common Shares”) and one-half (0.5) of one whole common share purchase warrant (the “Warrant”), at a conversion price that is the lesser of (i) $0.075, or (ii) 75% of the lowest price offered in a private placement of the Company’s common shares (the “Conversion Price”). Each whole Warrant is exercisable, for a period of 2 years from the date it is issued, to purchase one Common Share at a price that is 1.5 times the Conversion Price.

The Convertible Debentures issued pursuant to this Offering are subject to a statutory hold period of four months and one day from the closing date of the Offering.

Listing on Canadian Securities Exchange

DigiMax has begun discussions with, and has formally applied to list its Common Shares on the Canadian Securities Exchange. The Company will provide further updates as the application progresses.

About DigiCrypts Blockchain Solutions Inc, (dba DigiMax Global Solutions)

DigiMax is a reporting issuer formed in Ontario, Canada which was created for the express purpose of developing immediately profitable businesses in the Blockchain and Initial Coin Offering Space. Founded by 5 partners with decades of experience in both Initial Public Offerings and Initial Coin Offerings, the partners have a common goal to help the world develop ICO’s as a respectable, regulatory compliant security offering that is parallel in stature and compliance to common shares. DigiCrypts has a strong belief and commitment to helping ICO’s become a highly efficient, legal and secure complement to public shares issued by real and profitable companies from all industries.

Contacts:

Chris Carl
President & CEO
416-312-9698
chriscarl@rogers.com

David Posner
Chairman of the Board
647-985-6727
dposner44@gmail.com

Cautionary Note Regarding Forward-looking Statements

This press release contains “forward-looking statements”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding changing the Company’s name, potential conversion of the Convertible Debentures including the Conversion Price determination on listing of the Common Shares, and the Company’s pending application to list its Common Shares on the Canadian Securities Exchange.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the ability to obtain approval to list the Company’s Common Shares on the Canadian Securities Exchange, shareholders approving the change of name to DigiMax, the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the App Platform described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Hyperion Finalizes Partnership with Stellar to Support Trading of Stellar-Based Crypto Assets

As another development of BLOC’s exchange projects, the Company is pleased to announce to its shareholders that Hyperion has secured a partnership with Stellar to allow Stellar-based crypto assets to be traded on the Hyperion exchange. This will broaden the scope of Hyperion’s abilities as the first advanced security token exchange in North America, making it an even more impactful project in the emerging area of blockchain technology.

Vancouver, British Columbia–(Newsfile Corp. – October 12, 2018) – GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE: BLOC) (FSE: BWSP) (OTC Pink: BLKCF) (“BLOC” or the “Company”) is pleased to announce that Hyperion Crypto Exchange Inc. (“Hyperion”) has entered into an agreement with Stellar to provide support for Stellar-based assets on the Hyperion exchange. Earlier this year, BLOC made a $5 MM investment into Hyperion in exchange for 12.82% of its total issued and outstanding share capital. Hyperion was co-founded by Michael Zavet, a seasoned fintech and real estate development entrepreneur, and Shidan Gouran, President and CEO of BLOC.

Hyperion facilitates the trade of digital assets (to include cryptocurrencies) on an SEC-licensed alternative trading system (ATS), an arrangement that it has attained through a strategic investment in the Delaware Board of Trade (DBOT). Through this same arrangement, Hyperion also operates under a license as a broker-dealer (BD). It will be the first advanced security token exchange in North America, bringing the power of blockchain technology to the trade of securities.

Stellar is a trading protocol for issuing, transferring, and exchanging digital assets of any kind. Digital assets that can be traded on Stellar include cryptocurrencies such as Bitcoin, fiat currencies such as the US dollar, and commodity assets such as gold. As the demand for crypto asset trading has been sustained since the cryptocurrency boom of late 2017, platforms such as Stellar have seen substantial interest from investors, as a method of transacting assets with the efficiency and security of a blockchain network.

With Hyperion offering support for Stellar-based assets, it will broaden the scope of tradeable assets on Hyperion, beyond the security tokens and crypto assets already slated to be listed on the exchange. Further, Stellar’s existing user base and brand cachet will lend themselves well to Hyperion as it makes its entrance into the marketplace as a new exchange. With the Company’s equity in Hyperion, BLOC shareholders stand to benefit from this development on any increase in Hyperion’s value.

“Hyperion partnering with Stellar is one of the best things that could have happened, not just for BLOC and Hyperion, but also for the crypto space”, said Shidan Gouran, President and CEO of the Company. “Regulation has been a serious hurdle for this industry. Our team at Hyperion took a shrewd approach to operating under an ATS license, which gives investors trading on Hyperion legal protections that they wouldn’t get on most other exchanges. That is a very big win for the crypto market in general, and for us and our shareholders as investors in Hyperion.”

BLOC Chairman Steve Nerayoff added “It has taken some time for the crypto markets to mature to the point that crypto assets can be traded on an SEC-licensed exchange. Shidan and Michael did a great job of leading Hyperion to being just steps away from bringing blockchain-based trading of securities and other digitized assets to the mainstream market. We will start to see a lot more capital coming into this space as a result. We all thought that 2018 was a dynamic year for crypto… but Hyperion will play a significant role in making 2019 even more dynamic.”

On behalf of the Company:
Shidan Gouran, President and CEO
info@globalblockchain.io

For more information, please contact:
IRTH Communications, LLC
ir@globalblockchain.io
800-689-8089

About Global Blockchain Technologies Corp.

The Company provides investors access to a basket of direct and indirect holdings within the blockchain space, managed by a team of industry pioneers and early adopters of all major cryptocurrencies.

The Company is focused on streamlining the currently arduous, lengthy, and complicated process that interested investors must undergo in order to gain exposure to the cryptocurrency space, with a view to becoming the first vertically-integrated originator and manager of top tier blockchains and digital currencies.

BLOC is listed on the Canadian Securities Exchange (“CSE”) and its common shares trade under the ticker symbol “BLOC.” Additional information relating to BLOC is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com, as well as on the Company’s website at www.globalblockchain.io.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”. Forward-looking information includes, but is not limited to the Company’s goal of streamlining the current arduous, lengthy and complicated process that interested investors need to undergo in order to gain exposure to the cryptocurrency space with a view to becoming the first vertically integrated originator and manager of top-tier blockchains and digital currencies. The Company has no assets and its business plan is purely conceptual in nature and there is no assurance that it will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made, including but not limited to: statements and expectations regarding the ability of the Company to (i) successfully engage senior management with appropriate industry experience and expertise, (ii) gain access to and acquire a basket of cryptocurrency assets and pre-ICO and ICO financings on favourable terms or at all, (iii) successfully create its own tokens and ICO’s, and (iv) execute on future M&A opportunities in the cryptocurrency space; receipt of required regulatory approvals; the availability of necessary financing; permitting and such other assumptions and factors as set out herein. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in cryptocurrency prices; the estimation of personnel and operating costs; general global markets and economic conditions; risks associated with uninsurable risks; risks associated with currency fluctuations; competition faced in securing experienced personnel with appropriate industry experience and expertise; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies and ICO’s; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company’s business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation. Although the Company has attempted to identify important factors that could cause actual results to differ materially from the forward-looking information set out in this presentation, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

Neither the 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.

Atari Founder Nolan Bushnell’s X2 Games to Be Acquired by Global Blockchain; Proposed Spinout of Enterprise and Exchange Division

Global Blockchain and X2 Games to Create a Dynamic Interactive Gaming Company; X2 Games to Focus on Interactive Amazon Alexa Games to Supply the 50 Million Home Devices with Gaming Content

To leverage the powerhouse capabilities of gaming company X2 Games, GLOBAL BLOCKCHAIN will create a subsidiary for its enterprise and exchange-related interests and X2 Games will merge with GLOBAL BLOCKCHAIN. Introducing the experience and visionary abilities of Atari founder Nolan Bushnell and animation legend Zai Ortiz, GLOBAL BLOCKCHAIN will be in a superior position to lead the introduction of blockchain-based interactive video game experiences to the mainstream gaming market.

Vancouver, British Columbia–(Newsfile Corp. – October 11, 2018) – GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE: BLOC, BLOC.CN, BLOC.CNX) (FSE: BWSP) (OTC Pink: BLKCF) (“BLOC”, “Global Blockchain” or the “Company”) announces that it will be creating a subsidiary entity for its enterprise and exchange activities (the “Subsidiary”) with a view to unlocking their value through a spinout of critical mass assets, and merging its remaining media and entertainment investments and projects with those of X2 Games Corp. (“X2 Games”). More details about the component assets of the spinout for shareholders of record November 15th, 2018 (the “Record Date”) will be forthcoming.

X2 Games is an independent Games Publisher for cutting edge games that integrate Blockchain Technology and Cryptocurrency into the user’s game experience. Their business model is building multiplayer gaming experiences, providing never-been-seen-before-design and animation services and integrating technologies such as augmented/alternate/virtual reality into video games. X2 Games uses new technologies to create unique game experiences for conventional and experimental platforms. With the industry poised to hit $138 billion USD by year’s-end1. X2 Games is positioning itself to be a world leader in the next-generation of gaming.

NOLAN BUSHNELL — THE GODFATHER OF THE VIDEO GAME INDUSTRY

The Godfather of the Video Game Industry, Nolan Bushnell, created X2 Games, which is focused on innovative gaming technologies. Atari, founded over 40 years ago, gave the world the first blockbuster video game. Nolan later spearheaded the Atari 2600 console which revolutionized the home gaming market. If Atari was not enough for one lifetime achievement, Nolan also created Chuck E. Cheese, creating a pizza parlor and video game entertainment center-hybrid that quickly became popular with children and adults across the United States and the entire world. Nolan paved the way for the global gaming and entertainment industries that have changed billions of peoples’ lives and shaped generations of gamers globally. That was only the beginning of the legacy that he has created. Legendary in the industry he created, Nolan has also been recognized by colleagues and peers, including being named one of the “50 People Who Changed America” by Newsweek. He has also been inducted into both the “Video Game Hall of Fame” and the Consumer Electronics Association Hall of Fame. He is continually striving to ensure his life passions meet at the intersection of technology and entertainment to make people’s lives better through fun!

ZAI ORTIZ — THE HOLLYWOOD INNOVATOR AND CREATOR OF VISUAL ART

The management of X2 Games also includes Zai Ortiz , President, Co-Founder and Chief Creative Officer— an accomplished digital animator who created Iron Man’s J.A.R.V.I.S. system holograms seen in Marvel movies. Ortiz also supervised creative teams in producing visuals for films to include TRON: Legacy, Sherlock Holmes, and Mission: Impossible. Ortiz’s creative virtuosity and keen eye for futuristic designs drives the Company’s mission to give gamers around the world a true cinematic story experience unlike any they’ve ever had. His latest creative project — the AI-driven murder-mystery game ST. NOIRE – bears out this promise, and lays the foundation for X2 Games’ future ambitions in immersive, interactive storytelling. Previously, Ortiz was a founder and CEO of DARK MATTER – a specialized design and visual communications studio in Hollywood, CA, as well as served as the creative director for in-game cinematic Bethesda’s massively popular game The Elder Scrolls — Legends.

X2 GAMES AND BLOC SYNERGY

As X2 Games’ business model aligns well with BLOC’s existing efforts that relate to the tokenization of gaming platforms, the two companies have elected to join forces. Post-acquisition, BLOC will be focused on applications of blockchain technology to the video game, eSports and entertainment industries. It will continue to work on its existing projects, alongside the development of X2 Games’ existing projects. Nolan Bushnell will become the Co-Chairman and CEO of BLOC.

Chairman, CEO and Founder of X2 Games, Nolan Bushnell states, “Creativity is every company’s first driver. It’s where everything starts, where energy and forward motion originate. Without that first charge of creativity nothing else can take place’. This acquisition by BLOC will integrate X2 Games’ innovative game development studio and intellectual property within BLOC’s portfolio of Blockchain assets allowing new and revolutionary games to be developed together.”

X2 GAMES PIPELINE

St. Noire

  • A mystery themed digital interactive board game, which uses Amazon’s Alexa AI to create the world and characters that inhabit it meaning no two games are ever the same. Estimated pre-release occurring in December 2018.
  • For more information about the game please visit: http://bit.ly/st-noire-info-deck
  • To watch the trailer for this game please visit: https://www.st-noire.com/amazon-alexa

Additional Digital Interactive Game Developments

  • 3 additional digital interactive Alexa Games fueled by high consumer demand for AI powered board games for children and families estimated to launch in March 2019.
  • For more Information on upcoming releases and future games please visit: https://x2.games/

GAMING AND THE DIGITAL INTERACTIVE SPACE

The Digital Interactive Gaming space is an immense opportunity to revolutionize how families and children interact with technology, where AI and technology can bring people together.

“Customers have purchased tens of millions of Alexa-enabled devices, given Echo devices over 100,000 5-star reviews, and active customers are up more than 5x since last year.” — Amazon CEO Jeff Bezos.2

“Smart Speakers are the trojan horse for consumer AI” — Business Insider.3

  • 50 million Americans own a voice activated AI speaker.4
  • 65% of respondents say they would never go back to life without an AI speaker.5
  • 81% of respondents say they are open to skills and new features on AI speakers.6
  • 41% of respondents say they purchase AI powered speakers to entertain children and families.7
  • 25% of respondents say they use AI powered speakers to play digital interactive games.8
  • AI Powered speaker sales reached over $12 billion USD so far in 20189, which given the average price of a $100 AI speaker (Amazon Alexa 2nd Gen retail price) translates to 120 million units being sold.
  • The smart speaker market is expected to reach $28 billion USD by 202210, which given the average price of a $100 AI speaker (Amazon Alexa 2nd Gen retail price) translates to a 280 million unit sales projection.

SPINOUT

BLOC President and CEO Shidan Gouran states, “Our conversations for collaboration with X2 have been in the making for close to a year now. As these relationships have strengthened, we have elected to capitalize on our synergies by way of an acquisition with X2. In addition to picking up X2’s projects, we have also brought on two true pioneers, with track records that are second to none, to run and continue growing the leading blockchain company in the media, entertainment, and gaming sectors. All assets belonging to BLOC’s exchange and enterprise divisions will be spun out into a separate company, to be run by BLOC’s current management and operational team. Now you have two best of breed teams, one developing pioneering blockchain based exchange, supply chain and trade finance platforms and the other pioneering blockchain applications in the media, entertainment and gaming sectors, to the great benefit of all shareholders.”

BLOC Chairman, Steve Nerayoff states, “In less than a year, we have managed to develop three companies that are positioned to disrupt blockchain from the perspectives of mining, exchanges, and innovation. By segmenting our competencies and resources so that we can incorporate the strengths of partners such as X2 Games, we believe that this is conducive to realizing revenue earlier and being more profitable in the long term.”

BLOC assets to be spun out include:

  1. All rights, work product, and assets related to the development of the Laser blockchain.
  2. All holdings of Laser Technologies Corp. – Cayman Islands subsidiary.
  3. All rights, work product, and assets related to the development of the Singularity digital asset and forex exchange.
  4. All rights and work product relating to the business and technology development of Stratus.
  5. All rights and work product relating to the development of any Middle Eastern Cryptocurrency Spot Exchange.
  6. Blockchain Technologies DMCC — Dubai subsidiary.
  7. All rights and interests relating to the investment in Hyperion Crypto Exchange Inc.
  8. The agreement and project building ongoing with HPE.
  9. The Quisitive investment.

BLOC shareholders as of the November 1st Record Date will be entitled to this spinout. The spinout will also receive $2,000,000 of BLOC’s cash holdings.

TERMS

Under the terms of the transaction, for the acquisition of X2 Games, BLOC will issue 330,519,541 Common shares (“Shares”) issued at a deemed price of $0.15 per Share, resulting in an aggregate purchase price of $49,577,931.

Additionally, BLOC will also acquire from Global Blockchain Mining Corp (CSE:FORK) its 25% interest in DISCO, in exchange for $1,500,000 of BLOC Shares issued at a deemed price of $0.15 per Share. DISCO’s incumbent agreements provide extreme synergy to the gaming platform that is being developed.

US DOLLAR TRADING

While the Company trades on the CSE, it currently has, and anticipates that it will continue to have, a significant international following and investor base. As such, the Company announces that it has applied for approval to have its shares trade in USD. Once approved by the CSE, the Company will issue a subsequent news release announcing the effective date. The Cusip number will remain the same.

On behalf of the Company:
Shidan Gouran, President and CEO
info@globalblockchain.io

For more information, please contact:
IRTH Communications, LLC
ir@globalblockchain.io
800-689-8089

About Global Blockchain Technologies Corp.

The Company provides investors access to a basket of direct and indirect holdings within the blockchain space, managed by a team of industry pioneers and early adopters of all major cryptocurrencies.

The Company is focused on streamlining the currently arduous, lengthy, and complicated process that interested investors must undergo in order to gain exposure to the cryptocurrency space, with a view to becoming the first vertically-integrated originator and manager of top tier blockchains and digital currencies.

BLOC is listed on the Canadian Securities Exchange (“CSE”) and its common shares trade under the ticker symbol “BLOC.” Additional information relating to BLOC is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com, as well as on the Company’s website at www.globalblockchain.io.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”. Forward-looking information includes, but is not limited to the Company’s goal of streamlining the current arduous, lengthy and complicated process that interested investors need to undergo in order to gain exposure to the cryptocurrency space with a view to becoming the first vertically integrated originator and manager of top-tier blockchains and digital currencies. The Company has no assets and its business plan is purely conceptual in nature and there is no assurance that it will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made, including but not limited to: statements and expectations regarding the ability of the Company to (i) successfully engage senior management with appropriate industry experience and expertise, (ii) gain access to and acquire a basket of cryptocurrency assets and pre-ICO and ICO financings on favourable terms or at all, (iii) successfully create its own tokens and ICO’s, and (iv) execute on future M&A opportunities in the cryptocurrency space; receipt of required regulatory approvals; the availability of necessary financing; permitting and such other assumptions and factors as set out herein. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in cryptocurrency prices; the estimation of personnel and operating costs; general global markets and economic conditions; risks associated with uninsurable risks; risks associated with currency fluctuations; competition faced in securing experienced personnel with appropriate industry experience and expertise; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies and ICO’s; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company’s business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation. Although the Company has attempted to identify important factors that could cause actual results to differ materially from the forward-looking information set out in this presentation, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

Neither the 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.


1 https://newzoo.com/insights/articles/global-games-market-reaches-137-9-billion-in-2018-mobile-games-take-half/

2 https://www.businessinsider.com/jeff-bezos-amazon-alexa-quote-2017-10

3 https://www.businessinsider.com/smart-speakers-are-the-trojan-horse-for-consumer-ai-2017-10

4 https://www.forbes.com/sites/johnkoetsier/2018/08/02/amazon-echo-google-home-installed-base-hits-50-million-apple-has-6-market-share-report-says/

5 https://www.theverge.com/2018/1/15/16892254/smart-speaker-ownership-google-amazon

6 https://www.theverge.com/2018/1/15/16892254/smart-speaker-ownership-google-amazon

7 https://www.theverge.com/2018/1/15/16892254/smart-speaker-ownership-google-amazon

8 https://www.theverge.com/2018/1/15/16892254/smart-speaker-ownership-google-amazon

9 https://voicebot.ai/2018/06/22/smart-speaker-sales-to-approach-12-billion-this-year-and-reach-28-billion-in-2022/

10 https://voicebot.ai/2018/06/22/smart-speaker-sales-to-approach-12-billion-this-year-and-reach-28-billion-in-2022/