Mr. Sheldon Bennett reports

DMG BLOCKCHAIN SOLUTIONS APPOINTS LAWRENCE TRUONG AS STRATEGIC ADVISOR

DMG Blockchain Solutions Inc. has appointed Lawrence Truong as a strategic adviser. Mr. Truong was most recently chief executive officer of Binance Canada, at which he developed its go-to-market strategy. Prior to Binance, Mr. Truong was chief compliance officer at Tetra Trust Company, at which he developed policies, procedures, training and oversight. As Tetra is controlled by Coinsquare, Mr. Truong's role expanded to lead compliance at all of Coinsquare. In his role, he fostered and developed a culture of compliance, building trusted relationships with regulators, business partners and company employees. In his roles as chief compliance officer for Tetra Trust and Coinsquare, Mr. Truong played a critical role in the successful licensing efforts of each company.

At DMG Blockchain, Mr. Truong will be responsible for spearheading new initiatives that leverage his 25-plus years of experience in the capital markets, his expertise in regulatory compliance, his extensive network and relationships, and his understanding of building platforms that meet the compliance requirements expected by regulators and financial institutions alike.

Mr. Truong commented: "I am excited to join the DMG team and plan to use my experience and expertise to build bridges between TradFi and blockchain to further blockchain adoption. Given DMG's strong software team, we will have the opportunity to build infrastructure that can service the needs of the largest financial institutions."

DMG Blockchain's chief executive officer, Sheldon Bennett, added: "Lawrence brings a wealth of experience and contacts that could significantly enhance DMG's Core+ strategy to monetize bitcoin transactions. We are excited to add him to our team and focus the company's software development in a way that could significantly increase DMG's software revenue over time. We intend to disclose more about these new initiatives in the coming months."

Stock option grant

DMG Blockchain also announces it has granted 1,266,110 stock options to employees and directors of the company. The options are exercisable for a period of five years at a price of 29 cents per share and will vest as to 25 per cent on each of the six-, 12-, 18- and 24-month anniversaries of the grant date.

About DMG Blockchain Solutions Inc.

DMG Blockchain 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 Blockchain's sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG Blockchain's vertical integration.

We seek Safe Harbor.