Mr. Ben Gelfand reports

BLUESKY DIGITAL ASSETS COMPLETES SECOND TRANCHE CLOSING OF ITS CURRENT NON-BROKERED PRIVATE PLACEMENT OFFERING

Bluesky Digital Assets Corp. has closed the second tranche of the non-brokered private placement. For the second tranche, the corporation issued 1.2 million units at a price of 12 cents per unit. Gross proceeds for the second tranche closing amounted to $100,000. The corporation has raised a combined total of $310,000 between the two tranches and has issued a combined total of 2,583,333 units. All securities issued are subject to a statutory hold period of four months and one day from issuance. The corporation paid a cash finder's fee of $12,000 on the first tranche and issued 18,000 finder warrants. No finders' fees were paid on the closing of the second tranche.

The corporation also announced that it is extending the closing of the offering to Aug. 15, 2025. As previously announced in the corporation's July 8, 2015, press release, the corporation has commenced a non-brokered private placement raise of up to 8,333,333 units of the corporation at a price of 12 cents per unit for aggregate gross proceeds of up to $1-million, which will be offered for sale to purchasers resident in Canada (except Quebec) and/or other qualifying jurisdictions.

Each unit consists of one common share of the corporation and one common share purchase warrant. Each full warrant entitles its holder to acquire one additional common share at an exercise price of 15 cents per common share for a period of 24 months following the closing of the offering. Any shares issued upon the exercise of the warrants will be subject to a hold period of four months and one day from the date of issuance.

The corporation may pay registered persons a finder's fee composed of 8 per cent of the gross proceeds of the offering in cash and such number of non-transferable finder warrants which equals 8 per cent of the number of units. Each finder warrant shall entitle the holder to acquire one common share at a price of 15 cents per finder's warrant share for a period of two years from the date of issuance. Other than being non-transferable, each finder's warrant shall otherwise be on the same terms as the warrants. The units, shares, warrants, warrant shares, finder warrants and finder warrant shares are collectively referred to herein as the securities. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after the closing.

The corporation intends to use the net proceeds from the offering to further advance its artificial intelligence development and on-line gaming endeavours and for general working capital purposes.

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.

We seek Safe Harbor.