Mr. Karsten Arend reports

BITRUSH CORP. ADVISED OF CEASE TRADE ORDER

Bitrush Corp. has been advised by the Ontario Securities Commission that the OSC has issued an order that all trading in, and all acquisitions of, securities of the company, whether direct or indirect, cease.

The order, a copy of which will be made public and available for review on the Canadian Securities Administrators website on Dec. 5, 2016, has been issued as a result of the company not having filed the required chief executive officer and chief financial officer certifications of interim filings, that should have been filed together with the interim financial statements of the company and related management's discussion and analysis, for the nine months ended Sept. 30, 2016, as required by National Instrument 52-109 (certification of disclosure in issuers' annual and interim filings). The company has called a meeting of the board of directors to investigate the matter, and intends to file amended financial statements, MD&A and certifications as soon as possible to obtain the revocation of the cease trade order.

Despite this order, a beneficial securityholder of the company who is not, and was not, as at Dec. 2, 2016, an insider or control person of the company, may sell securities of the company acquired before Dec. 2, 2016, if both of the following apply: (a) the sale is made through a foreign organized regulated market, as defined in Section 1.1 of the universal market integrity rules of the Investment Industry Regulatory Organization of Canada; and (b) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.

About Bitrush

Bitrush is a pioneering Canadian fintech company focused on cryptographic blockchain technology. Bitrush has chosen to go to the public markets as a start-up to allow all types of investors, from individuals to institutions, to participate in the potential value appreciation of a fintech start-up built by grown-ups, that otherwise would usually have taken place in the private markets accessible only to venture capitals and accredited investors.

We seek Safe Harbor.