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BlockchainK2 Corp
Symbol BITK
Shares Issued 16,250,687
Close 2021-04-19 C$ 0.96
Recent Sedar Documents

BlockchainK2 appoints Formoso as Amplify COO

2021-04-19 14:25 ET - News Release

Subject: bitk Word Document File: '\\doc\emailin\20210419 111204 Attachment BITK-04-19-2021.docx' BlockchainK2 Corp. Appoints COO of Amplify Games Vancouver, British Columbia - April 19, 2021 -- BlockchainK2 Corp. ("BlockchainK2" or the "Company") (TSX.V: BITK) (OTCQB: BIDCF) (FSE: KRL2) is pleased to announce the appointment of Jose Formoso as Chief Operating Officer of Amplify Games Inc. ("Amplify Games"), the Company's wholly-owned U.S. subsidiary. Mr. Formoso is a gaming industry veteran, focusing on relationship building, business operations, and gaming technology platforms for over 10 years. He has launched multiple innovative platforms working to solve the problems and inefficiencies in the gaming market. As an addition to its leadership team, Mr. Formoso is expected to accelerate the development of Amplify Games. Mr. Formoso's employment agreement provides for a signing bonus of 60,000 shares of BlockchainK2, subject to the approval of the TSX Venture Exchange. Tony Caputo, CEO of Amplify Games, commented "We are thrilled to have Jose join the Amplify Games team. Amplify Games utilizes blockchain technology to create a decentralized distribution network for digital games. The technology platform of Amplify Games will restore trust between game developers and distributors by recording sales on a blockchain. Amplify Games will also shift the definition of a successful game away from revenue and toward in-game currency value or tokenization, thereby refocusing game development efforts to benefit players." About Amplify Games Inc. Amplify Games is a gaming technology platform that is solving the problems of today with technology that will empower the future of digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, influencer paradigm. This combination of the needs within the gaming industry and the solutions that blockchain can provide to meet those needs is what will enable Amplify Games to take advantage of huge opportunities in the $45 billion digital games market. For more information on Amplify Games, please visit www.amplifygames.io. About BlockchainK2 Corp. BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization. The Company is currently invested in RealBlocks, a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. The Company also has executed a joint venture agreement with Standard Power, an industrial scale crypto currency mining facility with very low power costs in the United States. For information on BlockchainK2 Corp., please visit www.blockchaink2.com. For further information, please contact: Sergei Stetsenko, CEO 604-630-8746 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward Looking Statements This press release contains statements which constitute "forward-looking statements", including information concerning the intentions, plans and future action of the Company described herein. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of a public company, currently with limited business and financial resources, as well as those risk factors discussed or referred to in the Company's continuous disclosure record available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law. G:\WP51\H 16001-17000\16847\Documents\Press Release\Press Release. BlockchainK2 Amplify Games. HH. April 16, 2021.docx

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