BIGG Digital Assets Inc. Postpones Filing of Annual Financial Statements and MD&A due to COVID-19 Related Delays

VANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ("BIGG" or the "Company") (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), announces that it is relying on an exemption adopted by the British Columbia Securities Commission ("BCSC") and provided in BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements ("Blanket Exemption Order") for the purpose of extending the time required to comply with filing requirements resulting from the challenges posed by the COVID-19 pandemic.

BIGG will delay the filing of its annual financial statements and related management discussion and analysis for the year ended December 31, 2019 (together the “Required Annual Filings”), due to be filed on or before on April 29, 2020, and rely on the extension provided by the Blanket Exemption Order to comply with the delivery requirements of applicable securities laws relating to the Required Annual Filings.

As required by BC Instrument 51-515 (Ontario Instrument 51-502, the Company discloses the following:

• the Company’s management and other insiders will be subject to a trading black-out that reflects the principles in section 9 of National Policy 11-207 until the Required Annual Filings are filed on SEDAR;
• the Company expects to file the Required Annual Filings by May 31, 2020; and
• other than as previously disclosed by the Company, there have been no other material business developments since the date of the Company’s most recent filing of its interim financial statements and management discussion and analysis for its Q3 ended September 30, 2019.

On behalf of the Board

Mark Binns
Chief Executive Officer
[e-mail]
T:+1.778.819.8702

About BIGG Digital Assets Inc.

BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified software at the heart of its platform and enables crypto transactions via retail locations globally, a self-serve crypto brokerage portal and an Over-The-Counter (OTC) trading desk.