BlockMint Technologies Inc. — Board/Management Information 2021

Feb 19, 2021

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February 19, 2021

TSX Venture: BKMT

Resignation of COO to Pursue Other Business Interests

Vancouver, British Columbia – BlockMint Technologies Inc. (“BlockMint” or the “Company”) (www.blockmint.ai) advises that its COO, Daniel Beck, announced his resignation to pursue other business interests with immediate effect. The Company’s CEO, Mr. Nelson Ijih, stated “ Dan has been a great partner and co-founder and will be missed by me and the rest of the BlockMint team, but felt with last week’s release of the Company’s flagship cryptocurrency browser (Minter) it was a good jumping off point. Future upgrades and releases of the Company’s crypto browser and other products will not be adversely impacted by Dan’s departure. We wish Dan the best in his new business ventures. ”

About BlockMint Technologies Inc.

BlockMint, through its wholly owned subsidiary, Blockmint (USA) Technologies Inc., develops distributed systems and networks that enable a more decentralized deployment of blockchain based applications such as cryptocurrency mining.

Minter Browser

The Minter browser allows users to use their spare computing power to mine cryptocurrencies and earn carbon credits to offset their carbon footprint. The browser has a user-friendly, built-in dashboard where a user can control the amount (if any) of computing power on his/her computer that will be used for mining to earn carbon credits. Users bear all mining costs associated with the computing power on their device (electricity costs of operating the user’s device) but benefit from receiving carbon credits purchased with the cryptocurrencies mined. BlockMint will earn a margin on the purchase of the carbon credits.

The Minter browser also provides a virtual private network (VPN) and ad-blocker. Online privacy is a growing concern which is why many are turning to VPNs to protect their identities while browsing. Minter makes it easy to browse safely and in total anonymity. It is estimated that 25% of internet users used a VPN last month, which typically costs around US$10 per month.

The upgraded version of Minter has been initially launched for use on desktops and laptops with a Windows operating system. Support for additional operating systems (MacOS, Linux) will be added later this year. This will be followed by versions of Minter for smartphones and tablets.

On behalf of BLOCKMINT TECHNOLOGIES INC.

Nelson Ijih

Nelson Ijih, CEO info@blockmint.ai

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

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION : This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the business strategy and objectives of BlockMint and updates to Minter. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. There is further no assurance that the Company will be successful in developing, commercializing or profitably operating its new business in the manner described. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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