Vancouver, B.C, August 3, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that AI technology that will be developed by Lavrium LLC (“Lavrium”) will be integrated into the modular data center (the “Data Centre”) optioned by the Company’s wholly-owned subsidiary, Red Water Acquisition Corp. (“Redwater”). This strategic collaboration, coupled with the installation of 133 Bitmain S19J Pro 104/TH ASIC miners at Redwater’s facility, is intended to further enhance the Data Centre’s operational efficiency, cost-effectiveness, and environmental sustainability.

With the recent installation of 133 Bitmain S19J Pro 104/TH ASIC miners, Redwater has significantly boosted its mining capacity. These high-performance miners deliver a maximum total hash rate of 13,182 TH/s or 1.3 PH/s, representing a substantial increase in Redwater’s computational power and mining capabilities. This expanded capacity positions Redwater to capitalize on the growing demand1 for cryptocurrency mining.

By integrating Lavrium’s AI technology with the newly installed miners, Redwater will further optimize utilization of computing resources. AI algorithms dynamically manage and allocate workloads, maximizing mining performance while minimizing energy waste. This intelligent workload optimization is expected to not only enhance profitability but also reduces operational costs, further contributing to the economic benefits derived from the installation of these high-performance miners.

Furthermore, Lavrium’s AI capabilities, combined with Redwater’s advanced data analytics, will enable predictive maintenance strategies that minimize downtime and optimize operational efficiency. Real-time monitoring and analysis of the miners’ systems will also proactively detect patterns and anomalies that may indicate potential equipment failures. By addressing these issues proactively, Redwater will be able to decrease interruptions to its mining operations.

By analyzing real-time data on power usage, temperature, and workload patterns, the Data Centre will dynamically allocate computing resources and adjust HVAC parameters for optimal energy efficiency without compromising mining performance. This data-driven approach will not only reduce operational costs but also support CryptoBlox in its efforts to become a leader in sustainable mining practices, driving economic benefits while prioritizing environmental responsibility.

“The convergence of cutting-edge AI technology and the integration of 133 high-performance Bitmain ASIC miners marks an significant moment for CryptoBlox” commented CryptoBlox Interim CEO, Taryn Stemp. “We stand poised to establish fresh benchmarks for operational efficiency, energy optimization, and profitability. This strategic alliance, coupled with augmented mining capabilities, reinforces our commitment to ushering exceptional economic benefits for the Company”.

On behalf of the Company,

Taryn Stemp,

Interim 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. The Company recently acquired a 100% interest in Redwater Acquisition Corp. which is a company specializing in air-cooled data centers and advanced heat recapture products. Committed to environmental sustainability, Redwater Acquisition Corp aims to revolutionize the crypto mining sector through innovative technologies that enhance efficiency and reduce the industry’s carbon footprint.

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; Redwater’s partnership with Lavrium and the benefits thereof, including to the cost-effectiveness of Redwater’s mining operations; the effectiveness of Lavrium’s AI algorithms and their impact on Redwater’s efficiency and profitability and the sustainability of its operations; the features of the Data Centre; and the future performance of the Data Centre. 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, August 1, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce the successful acquisition and implementation of a modular data centre (the “Data Centre” or the “Facility”) from True North Data Systems Ltd. (“TNDS”) by its wholly owned subsidiary, Red Water Acquisition Corp. (“Redwater”). The Data Centre has a capacity for up to 300 ASIC mining machines. This significant achievement underscores CryptoBlox’s steadfast dedication to providing efficient and cost-effective solutions to the cryptocurrency mining industry. By working with Lavrium to harness the capabilities of Artificial Intelligence (AI) capabilities, CryptoBlox is positioned to revolutionize the technical and automation aspects of its modular Data Centre, opening doors to unprecedented advancements and exceptional opportunities for investors.

Through the integration of AI algorithms, the Data Centre expects the ability to optimize its operations significantly. By analyzing real-time data from power distribution units (PDUs) and connection ports, AI algorithms can efficiently allocate power, enhance network performance, and ensure a stable power supply for the computing systems, mitigating the risk of power failures and elevating the overall efficiency and reliability of Redwater’s Data Centre.

The development of Lavrium’s AI technology is expected to be instrumental in optimizing network connectivity by analyzing data from the 50 connection ports. These algorithms will be designed to closely monitor network traffic, identify bottlenecks or congestion, and dynamically adjust network settings, ensuring seamless and efficient data transfers.

A standout feature of the facility is its advanced, automated WAGO-based control panel, incorporating a Human-Machine Interface (HMI) for HVAC parameters and building exhaust fan automation. With Variable Frequency Drive (VFD) technology and strategically placed sensors, the exhaust system efficiently monitors and controls internal temperatures at three different points within the building, ensuring optimal conditions and maximizing operational control.

To enhance performance further, the building’s air intake louvers are heat traced, effectively preventing winter frost and air intake clogging. This meticulous design guarantees uninterrupted airflow, enabling optimal functioning. Heat Trace actuation is efficiently managed through the local building control panel, providing enhanced control and operational flexibility.

CryptoBlox’s modular Data Centre is designed as a fully-automated facility with remote management capabilities, empowering centralized monitoring and control. By harnessing Lavrium’s developing cutting-edge AI capabilities, CryptoBlox aims to achieve unparalleled levels of operational efficiency, cost-effectiveness, and environmental sustainability within its modular Data Centre. The areas of particular strategic focus include:

Predictive Maintenance: AI algorithms, once developed, will continuously monitor the Data Centre’s systems, proactively detecting patterns and anomalies that may hint at indicate potential equipment failures. This proactive approach is expected to enable timely maintenance, minimizing downtime, and optimizing operational efficiency, ultimately driving profitability.

Energy Optimization: CryptoBlox’s Data Centre analyzes real-time data on power usage, temperature, and workload patterns. This empowers the facility to optimize the allocation of computing resources and adjust HVAC parameters to achieve superior energy efficiency without compromising performance. The result is expected to be substantial cost savings and improved profitability.

Workload Optimization: CryptoBlox, with the aid of AI algorithms developed in partnership with Lavrium, aims to optimize the allocation of computing resources within the Data Centre, ensuring efficient utilization of ASIC mining machines. This dynamic workload management is expected to maximize mining performance while minimizing energy waste, ultimately enhancing profitability.

Environmental Monitoring: Deploying AI-powered sensors throughout the facility, CryptoBlox continuously monitors air quality, temperature, and other environmental factors. AI algorithms will be developed to process this real-time data, enabling proactive adjustments to HVAC settings, air intake, and exhaust control. This is expected to ensure optimal conditions, minimize energy consumption, and highlight CryptoBlox’s commitment to environmental sustainability.

Remote Management and Control: Leveraging AI-enhanced remote management capabilities, CryptoBlox gains real-time monitoring and control of the Data Centre’s operations. This includes the ability to make dynamic adjustments to power distribution, temperature settings, and other critical parameters from a centralized control system.

“The acquisition of this cutting-edge modular Data Centre from TNDS marks a pivotal moment for CryptoBlox,” commented CryptoBlox Interim Chief Executive Officer, Taryn Stemp. “Our strategic collaboration with Lavrium will empower us to harness the power of AI and advanced data analytics, which will optimize our mining operations and potentially set new industry standards for profitability, energy efficiency, and environmental responsibility.”

Ms. Stemp emphasized Lavrium’s data-driven approach and unwavering commitment to energy efficiency, stating, “Lavrium’s data-driven approach and its AI algorithms will play a crucial role in optimizing power distribution and network performance within the Data Centre. This integration is expected to lead to enhanced efficiency, reliability, and overall performance across our operations.”

CryptoBlox’s dedication to delivering innovative and sustainable solutions to the cryptocurrency mining industry remains steadfast. The acquisition of this cutting-edge modular Data Centre further solidifies the

Company’s commitment to providing highly efficient, cost-effective, and environmentally conscious solutions.

With a focus on groundbreaking acquisitions and strategic collaborations, CryptoBlox demonstrates its commitment to innovation, profitability, and sustainable practices. The integration of Lavrium’s technologies further strengthens CryptoBlox’s position as an industry leader, enabling them to optimize operations and achieve exceptional results.

On behalf of the Company,

Taryn Stemp,
Interim 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. The Company recently acquired a 100% interest in Redwater Acquisition Corp. which is a company specializing in air-cooled data centers and advanced heat recapture products. Committed to environmental sustainability, Redwater Acquisition Corp aims to revolutionize the crypto mining sector through innovative technologies that enhance efficiency and reduce the industry’s carbon footprint.

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; Redwater’s partnership with Lavrium and the benefits thereof, including to the cost-effectiveness of Redwater’s mining operations; the effectiveness of Lavrium’s AI algorithms and their impact on Redwater’s efficiency and profitability and the sustainability of its operations; the features of the Data Centre; and the future performance of the Data

Centre. 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, July 27, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that, further to its news release dated July 25, 2023, through the partnership between the Company’s wholly owned subsidiary, Red Water Acquisition Corp. (“Redwater”), and Lavrium LLC (“Lavrium”), Lavrium will be applying their AI energy efficiency optimization algorithms to Redwater’s mining operations.

As the cryptocurrency mining industry faces increasing pressure to maximize energy efficiency, Lavrium’s cutting-edge AI algorithms offer an effective solution. By analyzing data such as transaction volumes, power usage effectiveness (PUE), and hash rates, Lavrium’s algorithms can predict optimal mining periods based on historical and real-time data. The Company hopes that this novel approach will allow Redwater to maximize their return on energy investment while significantly reducing operational costs.

One of the key advantages of Lavrium’s algorithms is their adaptability through machine learning. As the algorithms continuously learn and refine their predictions, they improve energy efficiency over time, resulting in more economical and environmentally friendly mining operations. The Company hopes this will not only enhances Redwater’s profitability but also contribute to a sustainable energy future.

“Lavrium’s revolutionary AI energy efficiency optimization algorithms could prove to be a game-changer for the cryptocurrency mining industry. We are excited to partner with Lavrium to transform our mining operations and increase our efficiency,” commented CryptoBlox Interim CEO, Taryn Stemp.

The integration of Lavrium’s advanced AI technology into Redwater’s mining operations is expected to drive significant improvements in energy efficiency and overall profitability. The implementation of these algorithms will be facilitated by True North Data Systems, a renowned data center solutions provider working in collaboration with Redwater.

On behalf of the Company,

Taryn Stemp,

Interim 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.  The Company recently acquired a 100% interest in Redwater Acquisition Corp. which is a company specializing in air-cooled data centers and advanced heat recapture products. Committed to environmental sustainability, Redwater Acquisition Corp aims to revolutionize the crypto mining sector through innovative technologies that enhance efficiency and reduce the industry’s carbon footprint.

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; Redwater’s partnership with Lavrium and the benefits thereof, including to the cost-effectiveness of Redwater’s mining operations; the effectiveness of Lavrium’s AI algorithms and their impact on Redwater’s efficiency and profitability and the sustainability of its operations. 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, July 25, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its wholly-owned subsidiary, Redwater Acquisition Corp. (“Redwater”), has partnered with Lavrium LLC (“Lavrium”) to integrate Lavrium’s machines and implement AI algorithms at Redwater’s Alberta Project (managed by True North Data Systems Ltd.), with the overarching goal of scaling and optimizing the site’s Bitcoin mining operations to drive increased profitability. 

Lavrium has gained recognition in the industry for its deployment of cutting-edge technologies and its strategic approach to ASIC mining operations. Lavrium currently hosts 350 miners in a Nebraska facility. Lavrium’s founders, who have deep expertise in machine learning (ML) and artificial intelligence (AI), met during their doctoral studies at MIT and recognized the potential of AI/ML to drive energy efficiency and enhance Bitcoin mining profitability. For example, AI algorithms can analyze a wide range of data, including past transaction volumes, power usage effectiveness (PUE), and hash rates, to optimize mining operations. Lavrium’s AI driven approach is intended to maximize profitability and energy efficiency in Bitcoin mining. 

CryptoBlox Interim CEO, Taryn Stemp, comments, “Investors must diligently consider both Lavrium’s data-driven approach and the vital role of miner fees when assessing transaction costs and evaluating blockchain projects or cryptocurrencies. Lavrium’s commitment to leveraging AI and optimizing energy efficiency contributes to their cost-effective and environmentally friendly mining practices.” 

CryptoBlox director, Akshay Sood, also expressed his excitement about the partnership with Redwater. “As a leading blockchain technology company, Lavrium utilizes cutting-edge technologies and industry expertise to drive innovation and maximize returns for investors”. With his background in advising and incubating early-stage blockchain startups, Mr. Sood believes that combining his expertise with Lavrium’s proficiency in optimizing Bitcoin mining operations will create a powerful synergy. Lavrium’s extensive experience in various blockchain-based businesses positions them to contribute to Redwater’s success in this rapidly evolving market.  

The partnership between Lavrium and Redwater will capitalize on the success of True North Data Systems Ltd. and Redwater’s recent collaboration. By leveraging Redwater’s Alberta Project, the strategic partnership between Lavrium and Redwater aims to scale and optimize Redwater’s Bitcoin mining operations, ultimately driving profitability for both companies. 

Lavrium has established a track record of consistent profitability, showcasing the strength of their infrastructure and strategic partnerships. With a robust foundation in place, Lavrium anticipates sustained success in the future. 

On behalf of the Company, 

Taryn Stemp, 

Interim 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.  The Company recently acquired a 100% interest in Redwater Acquisition Corp. which is a company specializing in air-cooled data centers and advanced heat recapture products. Committed to environmental sustainability, Redwater Acquisition Corp aims to revolutionize the crypto mining sector through innovative technologies that enhance efficiency and reduce the industry’s carbon footprint. 

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; Redwater’s partnership with Lavrium and the benefits thereof, including to the cost-effectiveness of Redwater’s mining operations; synergies between Mr. Sood’s and Lavrium’s expertise; future profitability of Lavrium and Redwater; and Lavrium’s strategic goals and outlook. 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 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