Northern Bitcoin : plans extensive cooperation with one of the world's leading crypto-mining companies and in this context also capital measures

DGAP-Ad-hoc: Northern Bitcoin AG / Key word(s): Alliance/Corporate Action Northern Bitcoin AG plans extensive cooperation with one of the world's leading crypto-mining companies and in this context also capital measures 28-May-2019 / 11:33 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Northern Bitcoin AG plans extensive cooperation with one of the world's leading crypto-mining companies and in this context also capital measures Frankfurt am Main, 28 May 2019. Northern Bitcoin AG (Xetra: NB2, ISIN: DE000A0SMU87) today has signed a letter of intent (LOI) with one of the world's leading crypto-mining companies for the potential cooperation between both entities. The object of the LOI is the extension of crypto-mining capacities and the strengthening of Northern Bitcoin's operational business through the purchase and the contribution in kind of (not yet determined) resources. The LOI is non-binding and the implementation of the transaction is subject to various suspending conditions as well as committee approval. Within the scope of the intended transaction - which shall consist of the purchase of resources facilitated through one or several capital increases by way of contribution in kind signed by the crypto-mining company under exclusion of subscription rights as well as a capital increase for cash with strategic investors - Northern Bitcoin would achieve an outstanding market position in the area of bitcoin mining. Disclaimer: This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Bitcoin AG and does not constitute a prospectus of Northern Bitcoin AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into Canada, Australia or Japan.? Press Contact: Northern Bitcoin AG Dr. Hans Joachim Dürr Head of Corporate Communications Thurn-und-Taxis-Platz 6 60313 Frankfurt E-Mail: [e-mail] Telefon: [phone] Investor Relations: Sven Pauly E-Mail: [e-mail] Telefon: [phone] 28-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Northern Bitcoin AG
	Thurn-und-Taxis-Platz 6
	60313 Frankfurt/Main
	Germany
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.northernbitcoin.com
ISIN:	DE000A0SMU87
WKN:	A0SMU8
Listed:	Regulated Unofficial Market in Frankfurt, Munich (m:access)
EQS News ID:	816473

End of Announcement	DGAP News Service

816473  28-May-2019 CET/CEST