Mr. Di Deng reports

DI DENG ANNOUNCES ACQUISITION OF ADDITIONAL COMMON SHARES OF CASCADIA BLOCKCHAIN GROUP CORP.

On Feb. 21, 2024, Di Deng acquired ownership of an aggregate of 21,666,667 common shares of Cascadia Blockchain Group Corp. through a private placement transaction at a price of three cents per share for a purchase price of $650,000.

After the transaction, the acquirer owns 57,390,867 Cascadia common shares, representing 60.38 per cent of the 95,043,359 issued and outstanding common shares of the company. Prior to the transaction, the acquirer directly owned and controlled 35,724,200 common shares.

The common Shares acquired by Mr. Deng are held for investment purposes. These investments will be reviewed on a continuing basis by Mr. Deng, and such holdings may be increased or decreased in the future. Mr. Deng may in the future acquire or dispose of the common shares through the open market, privately or otherwise, as circumstances or market conditions warrant.

Mr. Deng has filed an early warning report, pursuant to National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, describing this transaction with the applicable securities regulatory authorities. A copy of the early warning report is available on SEDAR+ under the profile of the company.