Vancouver, B.C., November 20, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX) is pleased to announce that it has entered into a patent license agreement (the “Agreement”) with Crypto Green Tech Inc. (“Crypto Green”), an Ontario corporation, whereby CryptoBlox has acquired a four-year royalty-free, assignable, worldwide license (the “License”) to develop and distribute products based on Crypto Green’s crypto-mining hybrid solar and wind tree with water reservoir system (the “Renewable Energy Powered Crypto Mining Technology” or the “Technology”). Crypto Green holds the rights to a patent application submitted with the International Bureau of WIPO (the “Patent Rights”) respecting the Renewable Energy Powered Crypto Mining Technology. The License is a significant step towards further expanding CryptoBlox’s off-grid, alternative energy powered digital asset mining infrastructure.

Terms of the License
In consideration for the License, CryptoBlox has agreed to issue an aggregate of 40,000,000 common shares in the capital of the Company (the “Common Shares”) at a deemed price of $0.05 per Common Share to the shareholders of Crypto Green, for a deemed transaction value of $2,000,000. The License was negotiated at arm’s length and is not expected to result in a change of control of CryptoBlox. A finder’s fee of 2,800,000 Common Shares, representing 7% of the number of Common Shares issuable pursuant to the License, will be payable to the party that introduced Crypto Green to the Company. All Common Shares issued pursuant to the License and the finder’s fee will be subject to a hold period of four (4) months and one (1) day under applicable securities laws.

The closing of the License with Crypto Green is subject to the satisfaction of customary closing conditions for a transaction of this nature, the approval of the Canadian Securities Exchange, and the approval of the boards of directors of both CryptoBlox and Crypto Green.

About Crypto Green
Crypto Green is a technology company focused on merging state-of-the-art technology with eco-friendly practices. By embedding renewable energy at the core of their innovations, Crypto Green is part of a global transition towards environmentally conscious digital solutions. Their patent pending Renewable Energy Powered Crypto Mining Technology uses a modular renewable energy-powered device that allows users to mine digital assets by generating electricity through a series of solar panels and wind turbines, all built in a way that maximizes efficiency in a fusion of sustainable green energy and decentralized finance.

In addition to digital asset mining, the Renewable Energy Powered Crypto Mining Technology can extend out to additional utilities such as charging electric cars and back-up power for residential housing. However, the Company believes that mining efficient crypto-mining algorithms will likely be the most profitable use of energy generated via the Technology’s innovative combination of wind turbines and solar panels. Subject to applicable regulatory regimes, as the Renewable Energy Powered Crypto Mining Technology generates energy via renewables, users may also be able to accrue carbon credits, which when monetized, could another revenue stream, thus further increasing bottom-line profitability.

Strategy Overview
CryptoBlox’s recent acquisition of Redwater Acquisition Corp., a modular air-cooled data center facility, powered by flared gas in Sturgeon County, Alberta, kick-started the Company’s alternate energy powered off-grid digital asset mining strategy. Flaring is the process of taking gas that is either unsuitable for commercial grade operations and/or gas used in oil and gas operations and using it to generate electricity. This process reduces methane leakage into the atmosphere, which is a significant concern for sites that have trapped untapped natural gas, given methane is over 80 times more harmful to the atmosphere than carbon dioxide [https://www.edf.org/climate/methane-crucial-opportunity-climate-fight]. By tapping into these otherwise wasted resources, a significant amount of power can be generated inexpensively (compared to on-grid power). Such power, when used in digital asset mining, can enhance profitability. Using power from flared gas also ensures that digital asset mining can occur on site, which can further save on infrastructure costs (as compared to on-grid power).

Cryptoblox’s acquisition of the License represents an effort to further diversify and scale its off-grid energy asset infrastructure, potentially enter the retail market and further develop hyper-modular digital asset mining farms where the Company could self-mine various digital assets using the Renewable Energy Powered Crypto Mining Technology. In addition, the Company intends to further optimize the Technology to make it more efficient and profitable through the implementation of alternative crypto mining algorithms.

“Taking this next step with Crypto Green comes at a pivotal moment for us as we look to revamp our off-grid mining capabilities to go beyond flared gas sites. We hope the License will mark the beginning of an incredible journey, one where we bring Crypto Green’s technology to as many people as possible in our journey towards a greener future” says Akshay Sood, Chief Executive Officer of CryptoBlox.

CryptoBlox’sinvestment into alternate energy powered off-grid mining infrastructure underlines its commitment to acquiring cheap energy for digital asset mining operations. Given the global energy crises and recent US emergency grid mandates [https://www.energy.gov/sites/default/files/2023-09/ERCOT%20202(c)%20Order.pdf], the Company also plans to scale through other acquisitions of stranded energy assets that provide cheap energy, reduce methane emissions and provide an alternative to on-grid energy and the associated intermediary risks.

“We at Crypto Green are extremely thrilled to announce this strategic partnership with CryptoBlox as we take our eco-conscious technology to market. We look forward to CryptoBlox providing fuel for the fire in our overarching commercialization strategy and subsequent rollout”, states Mike Chow, Chief Executive Officer of Crypto Green.

“Expanding our alternate energy infrastructure is one of our main focuses as we head into the next phase of digital asset adoption, with the speculated launch of Bitcoin Spot ETFs being a frontrunning catalyst along with the anticipated Bitcoin Halving Event (the “Halving”) that is coming up in April 2024. “We are betting on being in control of inexpensive power such that our digital asset mining operations remain profitable irrespective of market conditions and the reduced rewards that we expect to follow the Halving”, says Mr. Sood.

On behalf of the Company,
Akshay Sood
Chief Executive Officer

About CryptoBlox Technologies Inc.
CryptoBlox Technologies Inc. is a blockchain technology company focusing on building out alternate energy powered digital asset mining infrastructure enhanced with artificial intelligence, along with a diversified portfolio of fintech blockchain products and services. The company will be focused on powering digital asset mining operations through flare gas operations throughout North America – with the first acquisition being in Redwater, Alberta. By using alternative energy sources and state-of-the-art operations techniques powered by AI, the Company will be positioned to achieve a high degree of financial optionality and long-term operational certainty, which can result in some of the cleanest and lowest-cost digital asset 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 terms of the License, the closing of the License; the Company’s development and distribution of Renewable Energy Powered Crypto Mining Technology; the expected benefits to the Company resulting from the Patent Rights; the eventual granting of the patent to the Renewable Energy Powered Crypto Mining Technology; the ability of the Company to bring the Renewable Energy Powered Crypto Mining Technology to market; the Company’s plans to expand its alternate energy powered off-grid digital asset mining operations; the uses and benefits of Crypto Green’s technology; the Company’s entry into the retail market; the further optimization of the Renewable Energy Powered Crypto Mining Technology using alternative algorithms; future digital asset adoption; the speculated launch of the Bitcoin Spot ETFs; and energy efficiencies associated with the Renewable Energy Powered Crypto Mining Technology and flared gas power. 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 Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Vancouver, B.C., October 18, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its board of directors has approved a consolidation (the“Consolidation”) of the Company’s issued and outstanding shares on the basis of ten (10) pre-consolidation common shares for every one (1) post-consolidation common share (the “Consolidation Ratio”). The Company currently has 664,055,092 common shares outstanding and will have approximately 66,405,509 common shares outstanding after completion of the Consolidation, subject to rounding and the elimination of any fractional shares resulting from the Consolidation. The number and exercise price of outstanding stock options and warrants of the Company will similarly be adjusted by the Consolidation Ratio. Further detail respecting the Consolidation, including the effective date thereof, will be provided in a subsequent news release.

The Consolidation is subject to the acceptance of the Canadian Securities Exchange (“CSE”). The Company will not be changing its name or trading symbol in conjunction with the Consolidation.

On behalf of the Company,
Akshay Sood
Chief Executive Officer

About CryptoBlox Technologies Inc.
CryptoBlox Technologies Inc. is a blockchain technology company focusing on building out clean energy powered digital asset mining infrastructure enhanced with artificial intelligence, along with a diversified portfolio of fintech blockchain products and services. The company will be focused on powering digital asset mining operations through flare gas operations throughout North America – with the first acquisition being in Redwater, Alberta. By using alternative energy sources and state-of-the-art operations techniques powered by AI, the Company will be positioned to achieve a high degree of financial optionality and long-term operational certainty, which can result in some of the cleanest and lowest-cost digital asset 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
This news release contains certain forward-looking statements. The use of the word “expected”, “projected”, “pursuing”, “plans” and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this news release include statements regarding the Consolidation. The forward-looking statements are made as at the date hereof and the Company disclaims any intent or obligation to publicly update any forward-looking statements, where because of new information, future events or results, or otherwise, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Vancouver, B.C., Sept 26, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce the signing of a non-binding letter of intent (“LOI”) with Crypto Green TechInc. (“Crypto Green”) for a strategic partnership whereby CryptoBlox will acquire the rights to Crypto Green’s patent pending modular, renewable energy-powered crypto mining infrastructure.

About Crypto Green Tech
Crypto Green is a technology company aiming to revolutionize the digital realm by merging state-of-the-art technology with eco-friendly practices. By embedding renewable energy at the core of their innovations, Crypto Green is part of a global transition towards environmentally conscious digital solutions. Crypto Green’s innovations involve the fusion of the sustainable principles of green energy with the transformative potential of decentralized finance. Their technology, which is patent pending, pertains to a modular renewable energy-powered device that allows users to mine digital assets by generating electricity through a series of solar panels and wind turbines, all built in a way that maximizes efficiency.

“We are extremely excited to bring the Crypto Green technology to as many people as possible in our journey towards a greener future” says Akshay Sood, Chief Executive Officer of CryptoBlox.

CryptoBlox Strategy
With the recent acquisition of Redwater Acquisition Corp. (“Redwater”), a modular air-cooled data center facility, powered by flared gas in Sturgeon County, Alberta, CryptoBlox began rolling out an off-grid mining strategy that utilizes alternate energy (such as flare gas in Redwater’s case) to power digital asset mining operations. The Company looks to expand its alternate energy powered off-grid digital asset mining operations with the acquisition of exclusive rights to Crypto Green’s technology that enables modular, renewable energy-powered mining infrastructure development and deployment world-wide.

“CryptoBlox is looking to shape the next paradigm of digital asset mining and we hope that having a company like Crypto Green as strategic partner will allow us to do so at an accelerated pace” added Mr.Sood.

Industry Disruption
Acquiring rights to the patent pending technology and its exclusive world-wide development and distribution is expected to allow CryptoBlox to extend their off-grid mining infrastructure to retail users while further developing hyper-modular digital asset self-mining farms using the technology. Beyond digital asset mining, the Crypto Green technology can be used in many ways. Users can charge their electric car, use the stored power as a backup for their house or monetize the energy generated (without 3rd parties) through digital asset mining. Traditionally, to monetize excess energy generation via renewables, users are required to sell that energy back to the grid operator/utility company at a fraction of the electricity market rate. However, through the innovative design of Crypto Green’s technology and the fundamentals of blockchain technology, the need for an intermediary regarding monetization has been eliminated. Subject to applicable regulatory regimes, users can monetize more profitably as they keep 100% of all their mining revenue while also accruing carbon credits which can then be further monetized in the future.

The exclusive development and distribution rights granted to CryptoBlox would strengthen the Company’s position in the alternate energy powered off-grid mining space – further compounding on
their existing alternate energy powered digital asset mining strategy. The Company plans to additionally scale through the incorporation of stranded energy assets that provide cheaper energy. This development comes at a crucial time when climate change is causing energy crises globally. Emergency grid mandates that we have seen in recent years pose a significant risk to all energy-intensive operations, including digital asset mining powered by on-grid electricity. The Company’s aim is to reduce its and its customers’ reliance on on-grid energy and the associated intermediary risks by investing in stranded/renewable energy assets. The closing of the transaction with Crypto Green is subject to, among other matters, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction, satisfaction of the conditions negotiated therein and approval of the transaction by the board of directors of both
CryptoBlox and Crypto Green.

On behalf of the Company,
Akshay Sood
Chief Executive Officer

About CryptoBlox Technologies Inc.
CryptoBlox Technologies Inc. is a blockchain technology company focusing on building out clean energy powered digital asset mining infrastructure enhanced with artificial intelligence, along with a diversified portfolio of fintech blockchain products and services. The company will be focused on powering digital asset mining operations through flare gas operations throughout North America – with the first acquisition being in Redwater, Alberta. By using alternative energy sources and state-of-the-art operations techniques powered by AI, the Company will be positioned to achieve a high degree of financial optionality and long-term operational certainty, which can result in some of the cleanest and lowest-cost digital asset 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: CryptoBlox and Crypto Green entering into a definitive and binding agreement with respect to their partnership; the development and distribution of Crypto Green’s technology by the Company; the expected benefits to the Company resulting from the partnership with Crypto Green and its technology; the ability of the Company to bring Crypto Green’s product to market; the Company’s plans to expand its alternate energy powered off-grid digital asset mining operations; the Company’s ability to shape the next paradigm of digital asset mining; the uses and benefits of Crypto Green’s technology; and the Company’s plan to further scale through the incorporation of stranded energy assets. 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 Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Vancouver, B.C., Sept 28, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce the signing of a non-binding letter of intent (“LOI”) with Blockchain Fintech Unipessoal LDA (“Blockchain Fintech”), for a strategic partnership where CryptoBlox will acquire the rights to a digital asset license (the “License”) based in the European Union.
About Blockchain Fintech Solutions
Blockchain Fintech, is a company specializing in developing blockchain based technologies that help bridge the blockchain adoption gap. With a mission to streamline the transition onto the blockchain economy, Blockchain Fintech pioneers user-friendly payment solutions that redefine the way individuals and businesses currently transact – both locally and internationally. Through their innovative blockchain based payment solutions, Blockchain Fintech is not only revolutionizing traditional payment systems but also catalyzing a broader shift towards both digital and decentralized financial ecosystems. They are doing this through their unparalleled commitment to accessibility and ease of use. This commitment extends beyond mere functionality, as they prioritize user experience to ensure that individuals of all backgrounds can navigate Blockchain Fintech products confidently and efficiently, while not being expected to understand the complexities of the underlying blockchain technology.

“This partnership comes as part of a broader blockchain ecosystem strategy” explained Akshay Sood, Chief Executive Officer of CryptoBlox. “At CryptoBlox, we are extremely thrilled to begin work on introducing our own structured digital asset products that will be enabled by the License,” added Mr. Sood.

CryptoBlox’s License Strategy
Following completion of the transaction with Blockchain Fintech, CryptoBlox’s exclusive rights to the License would allow the Company to expand its business lines to include structured digital asset products. CryptoBlox will be laser focused on upholding the vision set out by Blockchain Fintech by mprioritizing user experience while providing market-tested functionality to all accompanying products that will be rolled out. Amongst the planned structured product suite, CryptoBlox is exploring a plethora of financial digital solutions designed to help onboard both the banked and unbanked onto the blockchain economy in an efficient and user-friendly manner.

CryptoBlox Blockchain Ecosystem
The rights acquisition of this License, if completed, would add to CryptoBlox’s larger ecosystem strategy which paints a 3-prong approach:
1. The first prong attests to the Company’s alternate/renewable energy powered mining infrastructure which is enabled by the acquisition of alternate energy assets that allow CryptoBlox to sustainably and profitably mine digital assets like Bitcoin irrespective of market conditions. This can be seen within the recent acquisition of Redwater Acquisition Corp.
(“Redwater”), a modular air-cooled data center facility, powered by flared gas in Sturgeon County, Alberta, where the Company’s energy costs are as low as $0.015/kwh. And with the signing of a non-binding letter of intent with Crypto Green Tech Inc. (“Crypto Green”) for a strategic partnership whereby CryptoBlox is poised to acquire the rights to Crypto Green’s patent-pending modular, renewable energy-powered crypto mining infrastructure. Overall, this infrastructure layer is the foundation upon which the Company will further develop its ecosystem.

2. Atop the infrastructure layer, CryptoBlox will be developing a digital asset financial layer with a goal to increase adoption within the blockchain economy. This digital asset financial layer will be first enabled by the acquisition of the rights to the License, with a subsequent goal of seeking strategic partnerships with payment rails providers, financial institutions, and digital asset liquidity providers. As CryptoBlox continues expanding its mining infrastructure and subsequent capacity, the Company intends to develop a robuststructured digital asset financial product suite which allows for liquidity to self-perpetuate within the CryptoBlox ecosystem, while also providing a gateway to launch additional retail focused mining products in the future.

3. Furthermore, integrated within the digital asset financial layer sits the blockchain-based payments layer, targeted to improve the network scalability issues within major blockchain
networks. The Company aims to integrate its blockchain based payments layer within its larger ecosystem to create a circular value structure that enables scalability, increases transaction
speed while lowering transaction costs within both CryptoBlox’s structured digital asset products/services and its mining infrastructure/operations.

“CryptoBlox’s ecosystem strategy sees a vision for circular and continued value capture across all lines of business. Our rights acquisition to the License would mark a significant step towards that vision, especially through the introduction of our structured digital asset products in the future,” commented Mr. Sood.

The closing of the transaction with Blockchain Fintech is subject to, among other matters, applicable regulatory approvals, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction, satisfaction of the conditions negotiated therein and approval of the transaction by the board of directors of both CryptoBlox and Blockchain Fintech.
On behalf of the Company,
Akshay Sood
Chief Executive Officer

About CryptoBlox Technologies Inc.
CryptoBlox Technologies Inc. is a blockchain technology company focusing on building out clean energy powered digital asset mining infrastructure enhanced with artificial intelligence, along with a diversified portfolio of fintech blockchain products and services. The company will be focused on powering digital asset mining operations through flare gas operations throughout North America – with the first acquisition being in Redwater, Alberta. By using alternative energy sources and state-of-the-art operations techniques powered by AI, the Company will be positioned to achieve a high degree of financial optionality and long-term operational certainty, which can result in some of the cleanest and lowest-cost digital asset 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 Company entering into a binding, definitive agreement with Blockchain Fintech; the Company completing the transaction with Blockchain Fintech and acquiring the rights to the License; the Company introducing its own structured digital asset products using the License; products that the Company expects to launch pursuant to the License; and the Company’s plans for its blockchain ecosystem, including the development of a digital asset financial layer, and its ability to execute on the same. 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 Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Vancouver, B.C, July 20, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its wholly-owned subsidiary, Redwater Acquisition Corp. (“Redwater”), has secured an advantageous gas supply agreement (the “GSA”) with the Redwater site owner. The GSA is expected to result in a significant reduction in energy costs, lowering energy expenses by approximately 90.91%, as compared with average market rates reported by EPCOR’s Regulated Rate Option (the “RRO“). 

Under the GSA, True North Data Systems Ltd (“TNDS”) and Redwater have secured gas at a favorable rate of $0.015 per kilowatt-hour (kWh) compared to the average market rate of $0.165 kWh, as reported by the RRO. This achievement not only demonstrates the Company’s commitment to delivering cost-effective solutions but also highlights our ability to forge strategic partnerships that drive value and enhance long-term success. 

“The securing of this Gas Supply Agreement at such an attractive rate is a major milestone for TNDS and Redwater,” commented CryptoBlox Interim CEO, Taryn Stemp. “By reducing our energy costs by approximately 90.91% compared to the average market rate, we have achieved a significant cost advantage. This cost advantage will allow us to provide highly competitive and cost-effective solutions to our clients while maintaining the highest standards of performance, reliability, and environmental sustainability.” 

The negotiated rate of $0.015 kWh, compared to the average market rate of $0.165 kWh based on the RRO), reflects the Company’s dedication to delivering affordable and sustainable data center and crypto mining solutions. By optimizing their operations and passing on the savings to their customers, TNDS and Redwater Acquisition Corp can ensure that clients receive state-of-the-art services at a competitive price. 

Ms. Stemp further commented, “our achievement in negotiating a favorable energy supply rate inspires us to invest further in cutting-edge technologies and infrastructure. We hope this will ensure our data centers and crypto mining facilities remain at the forefront of efficiency and performance.” 

Redwater remains focused on delivering industry-leading data center and crypto mining solutions that prioritize cost-effectiveness and environmental sustainability. The favorable GSA not only strengthens their positions in the market but also reinforces their commitment to driving innovation and delivering unparalleled value to their clients. 

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; the benefits of the GSA; the implications of the GSA on the Company’s strategic direction and future investment in innovation; the Company delivering cost-effective solutions and forging strategic partnerships that drive value and enhance long-term success; and the Company’s commitment to environmental sustainability. 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 18, 2023 – CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its wholly-owned subsidiary, Red Water Acquisition Corp. (“Redwater”) has successfully acquired development rights for a prime site in Sturgeon County, Alberta, Canada. The rights were obtained through the assistance of Tru North Data Systems Ltd (“TNDS”), a leading provider of data centre solutions, specializing in optimizing high-performance computing systems for enterprise clients based in Calgary, Alberta.  

TNDS, acting on behalf of the site owner, an oil and gas producer, played a pivotal role in facilitating the commissioning of the site. The collaboration between Redwater and TNDS will enable the utilization of natural gas associated with oil production, which is currently being flared, as a sustainable and cost-effective fuel source for Redwater’s state-of-the-art crypto mining facility. 

“We are thrilled to secure this prime location in Sturgeon County, which will serve as the foundation for our advanced crypto mining operations,” commented CryptoBlox Interim Chief Executive Officer, Taryn Stemp. “With TNDS’s expertise and the support of the site owner, we can effectively harness waste gas and transform it into a renewable energy source, aligning our operations with our commitment to environmental sustainability.” 

As part of the ongoing collaboration, TNDS is currently negotiating a Gas Supply Agreement (GSA) with the site owner. The GSA will establish a formal agreement for the supply of waste gas to Redwater’s mining facility, ensuring a reliable and continuous source of fuel. 

“The Gas Supply Agreement will be a crucial step in our mission to utilize environmentally friendly energy sources for our mining operations,” added Ms. Stemp. “We are confident that our partnership with TNDS and the site owner will lead to a mutually beneficial relationship, enabling us to reduce carbon emissions while maximizing operational efficiency.” 

Redwater’s focus on air-cooled data centers and advanced heat recapture products sets it apart in the crypto mining industry. By employing innovative technologies, Redwater aims to achieve optimal efficiency and cost-effectiveness while prioritizing environmental sustainability.  

The acquisition of the Sturgeon County site and the collaboration with TNDS mark significant milestones for Redwater’s mission to become a leader in eco-conscious mining practices. The Company remains committed to pushing the boundaries of efficiency, sustainability, and responsible resource utilization within the cryptocurrency industry. 

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. 

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; development of facilities at the Sturgeon Lake site; securing of the gas supply agreement for the Sturgeon Lake site; Redwater’s focus on air-cooled data centers and advanced heat recapture products and the benefits of same; the benefits of Redwater’s partnership with TNDS; the Company’s ability to harness waste gas and transform it into a renewable energy source; and the Company’s commitment to environmental sustainability. 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.