Vancouver, B.C, June 29, 2023 (GLOBE NEWSWIRE) — CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce, further to its news release dated June 19, 2023 (the “Prior Release”), that it has completed its acquisition (the “Acquisition”) of Red Water Acquisition Corp. (“Redwater”), a company specializing in crypto mining technology.

As discussed in the Prior Release, Redwater’s air-cooled data centers and advanced heat recapture products have obtained development rights in Sturgeon County, Alberta, Canada, for its operations. This site will serve as the foundation for Redwater’s state-of-the-art crypto mining facility, designed for efficiency and cost-effectiveness.

Both CryptoBlox and Redwater share a common commitment to sustainable and responsible practices in the crypto-mining industry. Through Redwater, CryptoBlox intends to invest in energy-efficient solutions and environmentally friendly mining practices, aligning with its vision of promoting a greener and more sustainable future for the blockchain ecosystem.

The completion of the Acquisition marks a significant milestone for CryptoBlox as it strengthens its position as a leading player in the crypto-mining industry. “Redwater’s experience in crypto–mining aligns with our strategic vision of providing comprehensive blockchain solutions,” commented CryptoBlox Interim CEO, Taryn Stemp. “Together, we plan to unlock new opportunities and deliver unparalleled value to our clients and partners.”

As compensation for the Acquisition, the Company has issued a total of 118,280,800 common shares of the Company (the “Closing Consideration Shares”) at a deemed price of $0.05 per Closing Consideration Share to the vendors of Redwater (the “Vendors”), and will issue another 101,719,200 common shares of the Company (the “Deferred Consideration Shares”) at a deemed price of $0.05 per Deferred Consideration Share to the Vendors upon the completion of certain milestones being met by Redwater and the Vendors, for aggregate consideration of 220,000,000 common shares of the Company, having a deemed transaction value of $11,000,000.

On behalf of the Company,

Taryn Stemp,
Chief Executive Officer

About CryptoBlox Technologies Inc.

CryptoBlox Technologies Inc. is a blockchain technology company with diversified portfolio of fintech blockchain services, blockchain battery technologies and applications, and crypto mining facilities under development. The Company’s acquisition of Redwater marks a significant milestone in its plan to meet the fast-growing demand for cost-effective cryptocurrency infrastructure in North America. By integrating its mining facilities into power generation facilities in Alberta, and using state-of-the-art operations techniques, the Company will be positioned to achieve a high degree of financial optionality and long-term operational certainty that can deliver some of the cleanest and lowest-cost mining operations in the world.

For further information about the Company, please visit https://www.cryptoblox.ca or call 236-259- 0279.

Forward-Looking Statements

The information in this news release includes certain information and statements about management’s view of future events, expectations, plans, and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward- looking statements in this news release include, but are not limited to, statements respecting: the future plans and operations of the Company and Redwater; and the expected benefits to the Company and Redwater from the Acquisition. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements, or otherwise.

The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

Vancouver, B.C, June 19, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE:
BLOX), is pleased to announce that on June 16, 2023, it entered into a share purchase agreement (the
“Agreement”) with Red Water Acquisition Corp. (“Redwater”) for 100% of the total issued and
outstanding shares of Redwater (the “Acquisition”). Redwater will be a wholly-owned subsidiary of the
Company following completion of the Acquisition. The Acquisition is a significant step for CryptoBlox in
expanding its presence in the cryptocurrency mining sector.

Redwater, a company specializing in air-cooled data centers and advanced heat recapture products, has
obtained development rights to a prime location in Sturgeon County, Alberta, Canada for its operations.
This site will serve as the foundation for Redwater’s state-of-the-art crypto mining facility, designed for
efficiency and cost-effectiveness. Redwater was specifically created for the purposes of completing this
transaction and does not have any historical sales, or any other assets or liabilities that are being acquired
by the Company.

The Acquisition was facilitated by True North Data Systems Ltd. (“TNDS”) of Calgary, Alberta, acting on
behalf of the site owner, an oil and gas producer seeking to harness the natural gas associated with oil
production that is currently being flared. Redwater intends to utilize this waste gas as a sustainable and
cost-effective fuel source for its mining operations, demonstrating its commitment to environmental
sustainability.

“Leveraging the untapped potential of flared gas as a low-cost fuel source presents an exceptional
opportunity for our mining operations” commented CryptoBlox CEO, Taryn Stemp.
To support its operations, CryptoBlox plans to enter into a long-term gas supply agreement (“GSA”) and
site lease with TNDS, enabling the development of generation assets to power the mining operations at
the site. Initially, Redwater intends to commission 0.5 to 1.0 MW of generation capacity and mining
enclosures within the next 30 to 90 days. This will facilitate the installation of the 233 high-speed
application-specific integrated circuit (ASIC) that CryptoBlox is acquiring as part of the Agreement.
Furthermore, Redwater, in collaboration with TNDS, aims to expand its generation and mining footprint
over the next 18 to 24 months, potentially reaching a total capacity of 3 MW or more. As part of its growth

strategy, Redwater, which will be a wholly-owned subsidiary of the Company, will explore the possibility
of providing peak demand capacity to the Alberta grid.

In exchange for 100% of the total issued and outstanding shares of Redwater, CryptoBlox will issue
220,000,000 common shares of the Company (the “Consideration Shares”) at a deemed price of $0.05
per Consideration Share to the shareholders of Redwater for a deemed transaction value of $11,000,000.
The Consideration Shares will be issued in tranches with 118,280,800 Consideration Shares being
delivered to the shareholders on Redwater upon closing of the Acquisition, and the remaining
101,719,200 Consideration Shares to be delivered upon the completion of certain milestones being met
by Redwater pursuant to the terms of the Agreement. The Acquisition was negotiated at arm’s length
and does not constitute a change of control. There were no finders’ fees associated with this transaction.
The acquisition of Redwater signifies a significant milestone for CryptoBlox and solidifies its position as a
substantial player in the evolving cryptocurrency mining industry. The Company remains committed to
driving sustainable and environmentally conscious practices while delivering superior mining solutions.
The Consideration Shares will be issued pursuant to s. 2.16 (take-over bid and issuer bid) of National
Instrument 45-106 Prospectus Exemptions. Completion of the Acquisition is subject to customary
conditions precedent, board approvals and approval of the Canadian Securities Exchange.
Corporate Update

As the Company continues to focus on its Crypto Mining Blockchain division, the Company is very pleased to welcome Akshay Sood to its Board of Directors, effective June 16, 2023. Mr. Sood is a seasoned leader in the blockchain industry, boasting years of experience in advising and incubating early-stage blockchain/web3 based startups. He has been responsible for early-stage capital raises through his
venture incubation and advisory services and has been involved in high growth startups within a broad
spectrum of blockchain based businesses. Mr. Sood replaces Bryson Goodwin, who has stepped down
from his positions as Chief Executive Officer and Director of the Company, also effective June 16, 2023.
The Company has appointed Taryn Stemp as interim Chief Executive Officer. The Company thanks Mr.
Goodwin for his tenure with the Company and leadership in driving the growth of each of its Blockchain
verticals.

On June 9, 2023, the Company issued a total of 7,142,856 common shares at a price of $0.014 per common share to its directors and officers for a total transaction value of $100,000 in connection with services provided to the Company for the year of 2022.

About CryptoBlox Technologies Inc.
CryptoBlox Technologies Inc. is a blockchain technology company with diversified portfolio of fintech
blockchain services, blockchain battery technologies and applications and crypto mining facilities under
development. The Company’s acquisition of Redwater marks a significant milestone is its plan to meet
the fast-growing demand for cost-effective cryptocurrency infrastructure in North America. By integrating
its mining facilities into power generation facilities in Alberta, and using state-of-the-art operations
techniques, the Company will be positioned to achieve a high degree of financial optionality and longterm operational certainty that can deliver some of the cleanest and lowest-cost mining operations in the
world.

For further information about the Company, please visit https://wwwcryptoblox.ca or call 236-259-
0279.
On behalf of the Company,
Taryn Stemp,
Chief Executive Officer
Forward-Looking Statements
The information in this news release includes certain information and statements about management’s
view of future events, expectations, plans and prospects that constitute forward-looking statements.
These statements are based upon assumptions that are subject to risks and uncertainties. Forwardlooking statementsin this newsrelease include, but are not limited to,statementsrespecting: completion
of the Acquisition; entry into of the GSA; future plans and operations of the Company and Redwater in
connection with the Acquisition; and the expected benefits to the Company and Redwater from the
Acquisition. Although the Company believes that the expectations reflected in forward-looking
statements are reasonable, it can give no assurances that the expectations of any forward-looking
statement will prove to be correct. Except as required by law, the Company disclaims any intention and
assumes no obligation to update or revise any forward-looking statements to reflect actual results,
whether as a result of new information, future events, changes in assumptions, changes in factors
affecting such forward-looking statements or otherwise.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents
of this press release

Vancouver, B.C, June 1, 2022 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX)
(OTCQB: CRYBF) is pleased to announce its financial results for the year ended January 31, 2022. All
financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
CryptoBlox CEO, Bryson Goodwin, commented
“Despite continued COVID lockdowns and global supply shortages, the Company stayed focused and grew
its cash position, assets and blockchain verticals. Our focus has always been to develop a well-balanced
portfolio of blockchain assets by taking advantage of global trends such as the transition to smart and
micro power grids, electric vehicle (EV) and energy storage system (ESS) products and the growing focus
on blockchain based cryptocurrency.”
“We started the year by rapidly growing our battery technology division, then built up our application
technology, which now incorporates cryptocurrency in its platform, and finished the year with a key
acquisition in the cryptocurrency mining vertical. I am delighted with the successful execution of our
corporate strategy, especially during difficult global conditions. We see the Company continuing the
momentum into the 2022 fiscal year,” continued Mr. Goodwin.
2021 Fiscal Year Highlights:

• Increased Cash by 229%, as compared with January 31, 2021
• Increased Assets by 706%, as compared with January 31, 2021
• Decreased Liabilities by 51%, as compared with January 31, 2021
  “The Company’s balance sheet is significantly stronger year over year, which is reflective of several capital
  raises and the smart, strategic allocation of our resources,” said Mr. Goodwin.
  “These financial statements reflect conservative accounting practices, as the assets do not include over
  $13.75M worth of investment into our cryptocurrency division, which we believe will be a key driver of
  growth in 2022. We believe it is better to be conservative and then aim to beat expectations to drive
  value for our shareholders,” continued Mr. Goodwin.
  Corporate Update
  The Company remains focused on driving growth across all verticals of its blockchain business
  portfolio. Notable developments have been made in the Application (App) Technology Division, which is
  being tested across its battery products (such as the SmartWall). The Company hopes to be able to have
  this application ready for customers in 2022. Global supply shortages and increases in demand for battery
  cells, circuit boards and shipping have caused delays in delivering certain products (such as the SmartWall)
  to customers in 2021. However, as the world exits this trying period, shipping and production are
  becoming feasible again and the Company remains confident that China will continue easing its COVID
  restrictions to ensure global supply is met.
  The most exciting development has been in the crypto mining division where the Company made
  significant investments into securing a favorable site with historically cold temperatures, a low cost power
  purchase agreement, which is the largest input cost in crypto mining, and high performance crypto mining
  equipment, which is difficult to secure at the current time. The Company plans to build on this division in
  2022 and is confident it will start to generate positive cash flow from this division by mid-year.
  The financial and operating results discussed in this release are based on the Company’s audited
  consolidated financial statements and related management’s discussion and analysis for the year ended
  January 31, 2022, which are available on www.SEDAR.com. It is only in the context of the fulsome
  information and disclosures contained in such documents that an investor can properly analyze the
  information discussed herein.
  On behalf of the Company,
  Bryson Goodwin,
  Chief Executive Officer
  Contact Numbers and Emails
  For further information about the Company, please visit https://www.cryptoblox.ca
  For Investor Inquiries, please contact (236) 259-0279 or email info@cryptoblox.ca
  All communications are managed by AlphaOne Media Group Inc.
  Forward Looking Statements
  The information in this news release includes certain information and statements about management’s
  view of future events, expectations, plans and prospects that constitute forward-looking statements.
  These statements are based upon assumptionsthat are subject to risks and uncertainties. Forward looking
  statements in this news release include, but are not limited to, the Company’s plans and continued
  momentum in the 2022 fiscal year, the Company staying on track for a successful year, China easing
  restrictions, shipping and production becoming more feasible, and the Company’s plans to build out its
  crypto mining division. Although the Company believes that the expectations reflected in forward looking
  statements are reasonable, it can give no assurances that the expectations of any forward-looking
  statement will prove to be correct. Except as required by law, the Company disclaims any intention and
  assumes no obligation to update or revise any forward-looking statements to reflect actual results,
  whether as a result of new information, future events, changes in assumptions, changes in factors
  affecting such forward-looking statements or otherwise.
  The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this
  press release

Vancouver, B.C, February 2, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE:
BLOX) announces that its arm’s length definitive share purchase agreement (the “Agreement”), dated
January 17, 2023, with CryptoTherm Manufacturing Inc. (“CryptoTherm”), and 1289048 BC Ltd. (the
“Vendor”) to acquire from the Vendor 100% of the outstanding shares of CryptoTherm has been
Terminated.
On February 2, 2023, the Vendor provided a termination notice to CryptoBlox, indicating that it will not
proceed to complete the acquisition in accordance with the Agreement’s terms and conditions.
On behalf of the Company,
Bryson Goodwin,
Chief Executive Officer
Contact Numbers and Emails
For further information about the Company, please visit https://www.cryptoblox.ca
For Investor Inquiries, please contact (236) 259-0279 or email info@cryptoblox.ca

CryptoTherm designs, manufactures and sells one of the world’s most advanced crypto mining
systems based on immersion cooling and thermal heat exchange technology

Vancouver, B.C, January 20, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE:
BLOX) is pleased to announce that it has entered into an arm’s length definitive share purchase agreement
(the “Agreement”), dated January 17, 2023, with CryptoTherm (defined herein) and 1289048 B.C. Ltd.
(the “Vendor”) to acquire (the “Acquisition”) from the Vendor 100% of the outstanding shares of
CryptoTherm Manufacturing Inc. (“CryptoTherm”).
About CryptoTherm
CryptoTherm specializes in designing and building liquid-cooled data centers and advanced heat recapture
products. These data centers are specifically designed for cryptocurrency mining, allowing for maximum
efficiency and cost-effectiveness.
CryptoTherm’s advanced heat recapture products are innovative solutions that capture and reuse the
heat generated during the mining process. This helps to reduce energy costs and minimize the
environmental impact of mining operations.
CryptoTherm’s team has a deep understanding of the challenges and opportunities in the digital currency
industry and is dedicated to helping its customers succeed. In this, CryptoTherm’s products and services
are designed to minimize clients’ start-up costs, downtime and operational expenses.
Integration into CryptoBlox
The Company will use CryptoTherm’s industry leading immersion cooling and thermal heat exchange
technology as it grows its digital currency blockchain division. The Company will also allocate resources
to grow CryptoTherm’s business of selling immersion pods, ASIC miners, cryptovaults and cooling
immersion fluids.
This strategic acquisition is a continuation of the Company’s focus on its digital currency division and
follows other strategic investments such as the Company’s investment in Optimal CP, Inc. The Company’s
goal is to become a significant player in the digital currency space and further solidify its position in the
industry.
“I am thrilled with this agreement with CryptoBlox,” stated Austin Bank, CEO of CryptoTherm. “This
acquisition will allow us to join forces and leverage our complementary strengths to achieve even greater
success. I am confident that together, we will be able to explore new opportunities and unlock the full
potential of our combined expertise and resources. I am excited for the future possibilities that this
acquisition brings and look forward to working with the talented team at CryptoBlox to drive innovation
and growth in the digital currency industry,” added Mr. Bank.
The Acquisition will involve the issuance of 400 million common shares of the Company (the
“Consideration Shares”) at a deemed price of $0.05 per common share to the Vendor in exchange for all
of the outstanding common shares of CryptoTherm, for a deemed transaction value of $20,000,000. 320
million of the Consideration Shares will be subject to restrictions (the “Restrictions”) on trading expiring
as follows: 10% 12 months from closing; 10% 24 months from closing; 20% 36 months from closing; 20%
48 months from closing; and 40% 60 months from closing. The Consideration Shares will be issued
pursuant to s. 2.16 (take-over bid and issuer bid) of National Instrument 45-106 Prospectus Exemptions.
The Company does not consider that the Acquisition will be considered a Fundamental Change of the
Company (as defined in Policy 8 Fundamental Changes & Changes of Business of the Canadian Securities
Exchange (the “CSE”)). Upon completion of the Acquisition, the principal of the Vendor is expected to
become a reporting insider (as defined in National Instrument 55-104 Insider Reporting Requirements and
Exemptions) of the Company.
“This is one of our most exciting investments and our most strategic acquisition to date,” stated Bryson
Goodwin, CEO of CryptoBlox.
“We highlight the following:

• given CryptoTherm is an operating business, the Acquisition is expected to immediately add
  revenue to CryptoBlox;
• the deemed share value of $0.05 highlights CryptoTherm’s confidence in the fundamental value of
  CryptoBlox;
• CryptoTherm’s immersion cooling technology will strengthen our intellectual property position
  within the digital currency market; and
• the conservative and long-term Restrictions reflect the intention of CryptoTherm’s team, who will
  become significant shareholders of CryptoBlox, to build long-term value at CryptoBlox.
  We believe the Acquisition will allow us to significantly grow our digital currency blockchain division and
  unlock the incredible value of CryptoTherm,” concluded Mr. Goodwin.
  Completion of the Acquisition is subject to customary conditions precedent, including completion of a
  formal valuation respecting CryptoTherm, board approvals and approval of the CSE.
  On behalf of the Company,
  Bryson Goodwin,
  Chief Executive Officer
  Contact Numbers and Emails
  For further information about the Company, please visit https://www.cryptoblox.ca

Vancouver, B.C, July 21, 2022 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE:
BLOX) is pleased to report that shareholders voted in favor of all resolutions brought forth at the
Company’s annual general and special meeting (the “Meeting”) held on Friday July 15, 2022, in Vancouver,
British Columbia.

At the Meeting:
o The current members of the board of directors, being Bryson Goodwin, Victor Hui-Fai Ho, and
Taryn Stemp were re-elected;
o NVS Chartered Accountants Professional Corp were re-appointed as the auditor of the Company;
and
o Shareholders passed a resolution ratifying the Company’s stock option plan and authorizing the
Company to grant stock options thereunder in reliance on Section 2.24 (Employee, Executive
Officer, Director, and Consultant) of National Instrument 45-106 Prospectus Exemptions (“NI 45-
106”), notwithstanding the limitations imposed by Section 2.25 (Unlisted Reporting Issuer) of NI
45-106.

On behalf of the Company,

Bryson Goodwin,

Chief Executive Officer
Contact Numbers and Emails
For further information about the Company, please visit https://www.cryptoblox.ca
For Investor Inquiries, please contact (236) 259-0279 or email info@cryptoblox.ca
All communications are managed by AlphaOne Media Group Inc.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this
press release