File: Attachment Press_release_announce closing of financing.pdf

Cascadia Blockchain Group Corporation

Cascadia Announces Closing of Private Placement

VANCOUVER, B.C. February 21, 2024 - Cascadia Blockchain Group Corp. (the "Company" or "Cascadia") (CSE: CK) is pleased to announce that it has completed the private placement of 21,666,667 common shares for gross proceeds of $650,000 (the "Financing").

All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after the closing of the Financing.

The Company intends to use the proceeds of the Financing towards general working capital and to explore business opportunities.

None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

For further information, please contact:

Hanxuan Wu Director info@cascadiacorp.com

www.cascadiacorp.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.