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File: BlackIce News Release.docx

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BLACKICE ENTERPRISE RISK MANAGEMENT INC.


BlackIce Announces Private Placement

Nov 07, 2017 -- Vancouver, BC - BlackIce Enterprise Risk Management Inc. ('BlackIce') (CSE: BIS), will be consolidatin
--->g the company's share capital on a one new for 2 old basis. The company also plans on concurrently completing a privat
--->e placement of up to 25,000,000 units at a price of $0.075 per unit. The unit will consist of one share and one whole 
--->share purchase warrant exercisable at a price of $0.10 for a term of three years. The price of the private placement i
--->s based on the closing price of the shares on Oct 06/2017 of $0.05. Post consolidated 2 for 1 being $0.10 with a 25% d
--->iscount arriving at $0.075 per share. The shares issued pursuant to the private placement will contain the statutory f
--->our-month hold period from the date of issuance.

It is further anticipated that the two founders and key employees of BlackIce Enterprise Rick Management Inc. Judy and
---> Zayn Kalyan, will be participating in the private placement.

The proceeds of the private placement will be used to launch the BlackIce CECL SOLVE SaaS marketing strategy in the U.
--->S., provide working capital, and development of the BlackIce ERA utilizing blockchain technology.

About BlackIce Enterprise Risk Management Inc. (CSE: BIS)

BlackIce is a software technology and consulting firm, specializing in global enterprise risk management for the finan
--->cial services industry. BlackIce software solutions are open platform applications that deliver end-to-end data and an
--->alytical standards that meet international regulatory reporting and monitoring requirements.

BlackIce Enterprise Risk Management Inc. is a publicly-traded company listed on the Canadian Stock Exchange (CSE); tra
--->ding symbol BIS (C.BIS or BIS.cn). For more information about our company please visit www.blackiceinc.com or phone us
---> at 1-604-510-4505.

BlackIce Enterprise Risk Management Inc.
Judy Kalyan
CEO Executive Chairman

Forward-Looking Information
 This press release may include forward-looking information within the meaning of Canadian securities legislation, con
--->cerning the business and trading in the common stock of BlackIce Enterprise Risk Management Inc. Such information is b
--->ased on assumptions made by the company's management. Although the company believes these assumptions are reasonable, 
--->undue reliance should not be placed on the forward-looking information because the company can give no assurance that 
--->they will prove to be correct. These forward-looking statements are made as of the date of this press release and the 
--->company disclaims any obligation to update publicly any forward-looking information, other than as required by applica
--->ble securities laws. 
The CSE has not reviewed, approved or disapproved the content of this press release.