Mr. Bill Zhang reports

GREEN VALLEY FILING STATEMENT AND ANNOUNCES CONCURRENT PRIVATE PLACEMENT

Green Valley Mine Inc. has filed a filing statement dated Aug. 24, 2018, regarding its proposed change of business (COB) with MiningSky Technology Ltd. (MST), pursuant to the previously announced conditional approval from the TSX Venture Exchange. The company's proposed transaction with MST will constitute a change of business as defined in the policies of the TSX-V and the resulting issuer will be a Tier 2 technology issuer. Upon completion of the change of business, it is intended that the resulting issuer will be known as Skychain Technologies Inc. and will trade on the TSX Venture Exchange under the symbol SCT.

In connection with the change of business, the company will acquire all of the MST shares from MST under the Miningsky agreement and will acquire all of the MST Class A shares from the MST Class A shareholders under the share exchange agreement. Closing of the change of business is expected to occur upon closing of the concurrent financing or such other date as Green Valley and MST may determine.

The completion of the change of business is subject to a number of conditions, including, but not limited to, receipt of all required regulatory consents, including final TSX-V acceptance. Concurrent with closing of the change of business, the company announces a non-brokered private placement of common shares of a minimum of 3,333,333 shares ($1-million) to a maximum of 6,666,667 shares ($2-million) at 30 cents per share. The offering is expected to close concurrently with closing of the change of business. The company will also be closing the balance of a financing of $1,293,950, representing 4,313,168 common shares at 30 cents per common share, representing funds held in trust by the company in respect of the private placement originally announced on Feb. 13, 2018. Please refer to the notes to the company's financial statement for further information. All private placement shares will be subject to a four-month-plus-one-day hold from the date of closing.

Please see the filing statement, which is available on SEDAR, for more information regarding the change of business, MST and its business.

The company will issue additional news releases related to the change of business and other material information as it becomes available.