Mr. Sheldon Bennett reports

DMG ANNOUNCES SPONSORSHIP OF THE NOLCHA SHOWS AT BITCOIN MIAMI 2023, NEW DATA CENTER SITE AGREEMENT

DMG Blockchain Solutions Inc. is sponsoring two Nolcha Shows events at Bitcoin Miami 2023, May 18 to May 20. The first event will be at the SLS South Beach on May 18, 6 to 10 p.m., which will be followed by Bitcoin & Brunch at the Sagamore Hotel Miami Beach on May 20, 1 to 6 p.m. DMG's chief executive officer Sheldon Bennett will be part of a panel from 2:30 to 3 p.m. discussing Bitcoin Beyond 2023: Examining the Future of Cryptocurrency and Assessing Bitcoin's Role in the Global Economy. Please secure your spot at the events by contacting investors@dmgblockchain.com.

Mr. Bennett commented: "Our sponsorship of the Nolcha Shows NYT.NYC event on April 12 was a resounding success. We met with both artists, as well as partners, that can source content from artists, both of whom seek a technology provider for ordinal inscriptions, which utilizes the recently developed protocol that creates bitcoin-native digital artifacts. At these upcoming events, we aim to cement our unique role in the ecosystem of providing artists the capability to add their art in a bespoke manner to the most immutable blockchain -- bitcoin -- all in a carbon-neutral manner, which is enabled by Terra Pool and our Petra technology."

New data centre site agreement

DMG announces it has entered into a non-binding agreement that would result in development of a new data processing centre site with access to low-cost renewable energy located in Canada in a province outside of British Columbia. The company will provide further updates if and when a definitive agreement is entered into for the development of a new data centre.

About Terra Pool

Terra Pool is a cryptocurrency mining platform operated by DMG's Blockseer software company. Terra Pool is the world's first bitcoin mining pool focused on clean energy. The purpose of this initiative is to accelerate the shift from conventional power to clean energy and reduce the impact of bitcoin mining on the environment. Terra Pool aggregates the computing power of individual miners and then shares the received rewards and transaction fees proportionally among them so that miners are rewarded more consistently.

About DMG Blockchain Solutions Inc.

DMG is an environmentally friendly vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG's sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG's vertical integration.

Future changes in the bitcoin network-wide mining difficulty rate or bitcoin hash rate may materially affect the future performance of DMG's production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.

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