Blockchain Foundry Closes CAD$10 Million Private Placement with Institutional Investors - Seite 2

All securities of the Company controlled by Mr. Wasyluk and Mr. Sidhu are held for investment purposes. In the future, Mr. Wasyluk and Mr. Sidhu (directly or indirectly), may acquire and/or dispose of securities of the Corporation through the market, privately or otherwise, as circumstances or market conditions may warrant. Other than the acquisition or disposition of securities of the Company for investment purposes, Mr. Wasyluk and Mr. Sidhu have no plans or future intentions of taking actions which relate to or would result in one or more of the transactions or matters referred to in Section 5 of the Early Warning Report (as defined below).

This portion of this news release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters (the “Early Warning Report”). The Early Warning Report is available on the Company’s SEDAR profile at www.sedar.com and may be obtained upon request from Chris Marsh, President, Blockchain Foundry Inc. at [phone] or [e-mail]. The Company’s head office address is located at 2300 Yonge Street, Suite 1600, Toronto, Ontario, M4P 1E4.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release does not constitute an offer of securities for sale in the United States. The securities covered being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

About Blockchain Foundry Inc.        

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses.

Blockchain Foundry Contact Information:

Chris Marsh
President
[e-mail]
[phone]

Cautionary Note Regarding Forward-Looking Information