DMGI DMG Blockchain Solutions Inc

DMG Blockchain Solutions Inc. (TSXV: DMGI) (“DMG” or the “Company”) is pleased to announce that it has received approval of the TSX Venture Exchange (the “TSXV”) for the supplemental listing of up to 34,509,890 common share purchase warrants of the Company (the “Warrants”) issuable pursuant to the Company’s previously announced overnight marketed offering of units (the “Offering”). An aggregate of 32,556,500 Warrants were issued in connection with the closing of the Offering on November 19, 2024, and an additional 1,953,390 Warrants may become issuable upon the due exercise of certain broker warrants issued in connection with the Offering.

Each Warrant entitles the holder thereof to acquire one common share of the Company (each, a “Warrant Share”) at an exercise price of $0.65 per Warrant Share at any time prior to 5:00 p.m. (Vancouver time) on November 19, 2029. The Warrants are governed by a warrant indenture between the Company and Computershare Trust Company of Canada, as warrant agent, dated November 19, 2024 (the “Warrant Indenture”). The Warrants are expected to commence trading on the TSXV under the symbol “DMGI.WT” as of market open on or about December 6, 2024.

For more information about the Offering and the Warrants, please refer to the Company's news release dated November 19, 2024, and the Warrant Indenture, each of which are accessible under the Company's profile on SEDAR+ at www.sedarplus.ca.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, and applicable U.S. state securities laws.

About DMG Blockchain Solutions Inc.

DMG is a sustainable, vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. The company’s operations are driven by two strategic pillars: Core and Core+, both unified by DMG’s commitment to vertical integration and environmentally responsible practices. DMG is the parent company of Systemic Trust Corporation, which is focused on the custody of digital assets.

For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com.Follow @dmgblockchain on X, LinkedIn, Facebook and subscribe to DMG's YouTube channel.

For further information, please contact:

On behalf of the Board of Directors,

Sheldon Bennett, CEO & Director

Tel: +1 778 300 5406

Email: investors@dmgblockchain.com

Web: www.dmgblockchain.com

For Investor Relations:

investors@dmgblockchain.com

For Media Inquiries:

Chantelle Borrelli

Head of Communications

chantelle@dmgblockchain.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain statements that may be deemed to be "forward-looking statements" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects DMG’s current beliefs and is based on information currently available to DMG and on assumptions DMG believes are reasonable. These assumptions include, but are not limited to assumptions regarding: the issuance of Warrant Shares in connection with the exercise of Warrants and certain broker warrants issued in connection with the Offering; changes to market conditions; changes to the regulatory climate; and such other factors and risks as disclosed in the Company’s most recent annual information form, management’s discussion and analysis and other documents filed from time to time under the Company’s profile on SEDAR+ at www.sedarplus.ca. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties may include, but are not limited to: the issuance of Warrant Shares in connection with the exercise of Warrants and certain broker warrants issued in connection with the Offering, prevailing capital markets conditions, the risks and uncertainties associated with the digital currency and blockchain industry, equipment failures, lack of supply of equipment, power and infrastructure, general business, economic, competitive, political and social uncertainties, changes in legislation, including regulatory legislation, affecting digital assets, and lack of qualified, skilled labor or loss of key individuals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.