DMG Blockchain Solutions Inc. Announces Listing of Warrants

Press Release

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES

VANCOUVER, British Columbia, Dec. 04, 2024– 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 Communication
chantelle@dmgblockchain.com

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