BitRush Corp. Launches Bitrush.Com Website

Toronto, Ontario (FSCwire) - The Special Committee of the board of directors of BitRush Corp. (CSE:BRH, Frankfurt:0XSN) ("BRH", “BitRush” or the "Company") is providing the following update to shareholders.

Further to the news release of the Company dated Feb. 24, 2017, the Special Committee is diligently continuing its work to protect the business and operations of the Company necessitated from Mr. Werner Boehm’s continued unlawful actions and lack of cooperation since his termination as CEO of the Company.

In this context BitRush Corp. is pleased to announce the launch of the new official BitRush website at www.Bitrush.com.  The website includes relevant information about the Company and its business, and is the primary source of official Company news including its news releases posted on SEDAR.  The site is not accessible to the former CEO. Readers are reminded that all “news releases” on the Bitrush.co website since December 2016 were posted by Mr. Boehm and should be ignored in their entirety.

As previously announced, the Special Committee is proceeding with its Application to the Commercial Court on March 20, 2017.

Readers are reminded that the only official BitRush website is located at www.BitRush.com and that the Company’s AdBit’s website and Twitter addresses are Adbit.biz and twitter.com/AdbitBiz, respectively.  Bitrush.co, Adbit.co and twitter.com/AdBitOfficial remain under the unlawful control and operation of Mr. Boehm, are not affiliated with the Company and should be disregarded entirely. 

In addition, it has come to the attention of the Company of the existence of what appears to be a newly-created site using the Bitrush name operating at www.bitrush.org, therein described as a “brand new trading platform” and “automatic online investment platform, part of Bitrush Limited UK”.  Bitrush.org and Bitrush Limited UK are not in any way owned, operated or affiliated with the Company.  The Company considers that such entities are using the Bitrush name without permission and will be seeking legal advice in respect of this matter.

The Company’s securities remain subject to the cease-trade order imposed by the Ontario Securities Commission on December 2, 2016. (See news release dated December 2, 2016).

FORWARD LOOKING INFORMATION

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities in any jurisdiction.

This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the intention of the Company to proceed with the Application to the Commercial Court as scheduled) constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company as well as certain assumptions including, without limitation, the ability of the Company to obtain an order on the terms it is seeking and in a timely manner. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.  Factors that could cause actual results or events to differ materially from current expectations, include, but are not limited to, unforeseen delays in proceeding with the Application as scheduled and the failure of the Company to obtain the order it is seeking, or if obtained, on terms that differ from.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

On behalf of the Special Committee,

Karsten Arend

President, Director

For further information, contact Karsten Arend at (416) 847-1831 or info@bitrush.com.

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