Mr. Akshay Sood reports

CRYPTOBLOX ANNOUNCES SHARES CONSOLIDATION

Cryptoblox Technologies Inc.'s board of directors has approved a consolidation of the company's issued and outstanding shares on the basis of one postconsolidation common share for 10 preconsolidation common shares. The company currently has 664,055,092 common shares outstanding and will have approximately 66,405,509 common shares outstanding after completion of the consolidation, subject to rounding and the elimination of any fractional shares resulting from the consolidation. The number and exercise price of outstanding stock options and warrants of the company will similarly be adjusted by the consolidation ratio. Further detail respecting the consolidation, including the effective date thereof, will be provided in a subsequent news release.

The consolidation is subject to the acceptance of the Canadian Securities Exchange. The company will not be changing its name or trading symbol in conjunction with the consolidation.

About Cryptoblox Technologies Inc.

Cryptoblox is a blockchain technology company focusing on building out clean-energy-powered digital asset mining infrastructure enhanced with artificial intelligence, along with a diversified portfolio of fintech blockchain products and services. The company will be focused on powering digital asset mining operations through flare gas operations throughout North America, with the first acquisition being in Redwater, Alta. By using alternative energy sources and state-of-the-art operations techniques powered by AI, the company will be positioned to achieve a high degree of financial optionality and long-term operational certainty, which can result in some of the cleanest and lowest-cost digital asset mining operations in the world.

We seek Safe Harbor.