Mr. Steve Marshall reports

CUBA VENTURES CORP. MOU WITH BHAVNANI CORP. CEO AND DIRECTOR COMPLETE EXTENSIVE COMMERCIAL MISSION IN EUROPE. THE COMPANY ADDS A NEW ADVISOR, DANIEL HERNANDEZ RODRA GUEZ, FOR PLANNED DA WITH AL-FAHIM TECHNOLOGIES.

Cuba Ventures Corp. has entered into a memorandum of understanding (MOU) with Bhavnani Corp. that is intended to form part of a broader agreement and corporate relationship between Cuba Ventures and Bhavnani. Bhavnani has accumulated a worldwide reputation, through its honorary president and legendary European stock market investor, Ram Bhavnani. Further, the company is delighted to welcome Daniel Hernandez Rodriguez to its advisory board as senior banking technology adviser.

As a result of one of the high-level meetings in Europe, Cuba Ventures has received a letter of intent from Bhavnani. The parties are currently evaluating the opportunities offered by the Cuban market to redact a definitive agreement, following the upcoming visit by main Bhavnani executives to Cuba, scheduled for Sept. 24 to Sept. 29, 2017. This agreement will be oriented toward the commercialization of the different technological solutions offered by the companies of Bhavnani to companies in key Cuban commercial sectors, highlighting tourism and logistics.

Consulting and fintech divisions

Cuba Ventures chief executive officer Steve Marshall and director Alfredo Manresa have concluded a three-week commercial mission to Europe. Notable meetings included: prominent hotel management groups, banking technology companies, key block chain operators, electronic wallet payment providers and banking technology companies. Upcoming news will be released pertaining to the company's advances in each sector, specifically geared toward its CubaFIN division and nascent Cuban hospitality consulting division. The company's CEO and director also met with the founders of the EnjoySea website and Booketea to finalize an upcoming definitive agreement with both companies following the signed MOU last month.

New adviser joins the team in preparation for the planned Al-Fahim Fintech definitive agreement

Daniel (Danny) Hernandez Rodriguez

Mr. Rodriguez is considered a key asset to the advisory board for the upcoming CubaFIN division. A banking technology expert specifically focused upon electronic banking and, front and back office security applications, Mr. Rodriguez's prolific career allowed him to offer his banking security technology and expertise to major Spanish banks: La Caixa (Spain's third-largest bank) CajaCanarias, Banca Civica, Sa Nostra, CCM, Caja Murcia and Infocaja. Mr. Rodriguez's impressive academic resume includes: MBA, IT CGeiT (certified in the governance of enterprises), CIA (certified internal auditor), UNED (postgraduate in financial auditing), graduate of business administration (Fachhochshule Kiel). Mr. Rodriguez will advise the company on the creation of the Cuba FinTech website as a secure lending platform employing the latest banking technologies and assuring its compliance to international banking protocols. Additionally, the company intends to deploy an electronic blockchain payment mechanism for internal users in Cuba.

Upcoming management trip to Dubai and Shanghai

Mr. Marshall and Mr. Manresa plan to visit China and Dubai in the month of October. Meetings planned include a second encounter with senior management of Alibaba (China) and with Al-Fahim management (UAE).

About Cuba Ventures Corp.

Cuba Ventures is a publicly traded Canadian company capitalizing on the growth and unique opportunities in the $3.5-billion-(U.S.)-per-year Cuban travel and tourism industry. Travelucion, a wholly owned subsidiary, is a digital media and marketing company which owns a vast portfolio of Cuba-related websites and on-line portals providing Cuba travel information in up to six languages, featuring individual Web assets for Cuba's popular cities and towns, on-line booking solutions and on-line reservations through proprietary software, catering to international visitors to Cuba. Travelucion's on-line travel division is a duly licensed retail travel supplier handling millions of dollars in sales annually.

Cuba Ventures has acquired an equity interest in a Florida domiciled, licensed and bonded travel agency which specializes in travel to Cuba.

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