Mr. Ben Gelfand reports

BLUESKY DIGITAL ASSETS CORP. ANNOUNCES RESULTS OF ITS AGM

Bluesky Digital Assets Corp. has released the results of the corporation's annual general meeting of shareholders, which was held on May 1, 2024, at 11 a.m. EDT, at the office of the corporation's legal counsel.

The corporation is pleased to report that all items that were set out in the notice of the meeting were duly passed at the AGM, including the appointment of Kenway Mack Slusarchuk Stewart LLP as the corporation's auditor, the approval of the corporation's current stock option plan, the approval of a share consolidation on a one-for-up-to-10 basis and the election of the directors. Each of the director nominees recommended by management and listed in the corporation's information circular and the proxy statement dated April 1, 2024, was elected as a director of the corporation for a term ending at the next annual general meeting of shareholders. Out of the 169,200,196 common shares eligible to vote at this year's AGM, proxies were received from the holders of 68,650,274 common shares, representing a voting percentage of 40.5 per cent. The voting results are set out herein.

The corporation also announced today that it had entered into a debt settlement agreement with a third party consultant for services rendered in the amount of $45,200. The debt will be settled through the issuance of 2,008,889 common shares at a price of 2.25 cents per common share.

About Bluesky Digital Assets Corp.

Bluesky has created a high-value digital enterprise at the intersection of artificial intelligence, blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its road map. Bluesky's platform, BlueskyIntel, is well positioned to leverage the current exponential growth of artificial-intelligence- and blockchain-based technologies through a tightly focus-built collaborative platform. This innovative Web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.

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