Mr. Sheldon Bennett reports

DMG ANNOUNCES RELEASE DATE FOR SECOND QUARTER 2023 RESULTS, ENERGY WEB'S CERTIFICATION FOR SUSTAINABLE BITCOIN MINING

DMG Blockchain Solutions Inc. will release financial results for its second quarter 2023 ending March 31, 2023, on Tuesday, May 30, after the market close. The company will host a conference call to review its results and provide a corporate update on May 31, 2023, at 4:15 p.m. ET.

DMG receives Energy Web's certification for sustainable bitcoin mining

DMG announces it is among the first five miners to be certified for sustainable bitcoin mining by Energy Web, which is an independent non-profit that develops open-source software for clean energy solutions. On May 24, Energy Web announced its launch of Green Proofs for Bitcoin (GP4BTC), a first-of-its kind initiative to establish an independent, standardized energy measurement system for the bitcoin mining industry.

DMG's chief executive officer, Sheldon Bennett, commented: "We are pleased to be included among the initial Green Proofs for Bitcoin miner participants. We believe Energy Web's launch of GP4BTC represents a real first step towards recognizing a broad swath of industry participants for powering their data centre equipment utilizing primarily carbon neutral energy sources. We are in sync with Energy Web's stated goal to create a virtuous cycle where clean mining is easier to define, pursue and monetize so that it eventually becomes the status quo."

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.

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