The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Block Commodities Limited

('Block Commodities' or the 'Company')

Block Commodities Limited / Epic: BLCC / Sector: Mining

Appointment of Chief Medical Officerto Scientific Advisory Board (SAB)

Block Commodities, the innovative commodity trader operating in Africa, is pleased to announce the appointmentof Dr. Frank D'Ambrosioas Chief Medical Officer to the Company's Scientific Advisory Board (SAB) to oversee the Company's operations within the medicinal cannabismarket.

Dr. D'Ambrosiois one of the world's leading campaigners for policy reform on the use of medical cannabis. A surgeon with over 30 years' experience,he has studied the effects of cannabis-based medicine for different purposes such as chronic pain and post-traumatic stress disorder. For the last six years, he has dedicated his medical practice to helping patients in the US incorporatemedical cannabis into the everyday care. Moreover, he hopes to educate individuals and authorities on the benefits of medicinal cannabis, through his insights as adoctor, advocate and entrepreneur.

In November of last year, Dr. D'Ambrosiospoke at the World Health Organisation's ('WHO') 41st Expert Committee on Drug Dependence about the benefits of medical cannabis. Afew days later he addressed British MPs, pressing for reformto the current UK regulations relating to medicinal cannabis.

Dr. Frank D'Ambrosiocommented:

'I am very glad to join Block Commodities as they are one of the first companies to enter the European medicinal cannabismarket.

'We are leaving behind myths and misconceptions, which largely benefits patients who could only rely on big pharma to treat their conditions. This represents an opportunity not only for investors, but also to build a more comprehensive range of healthcare options in order to helppatients to achieve a better quality of life.'

Chris Cleverly, Executive Chairman of Block Commodities commented:

'Dr. D'Ambrosio'sextensive experience and specialisationwill prove invaluable to our Company as we develop a full strategy to deploymedicinalcannabis as a therapy.'

About Block Commodities

Block Commodities is a commodity-focused trading company aiming to maximisevalue in African agriculture through the deployment of blockchain technologies. The Company works closely with African farmers to help raise agricultural productivity and to secure better returns for theirproduce. New technologies such as blockchain enhance transparency, accountability and efficiency in a market with enormous potential.

The Company has implemented Farmer 3.0, a blockchain-powered ecosystem that connects all market participants to facilitate commercial transactions.

Building on well-established connections and technology expertise, the Company has expanded its operations into the medicinal cannabis market with a strategy to produce and process cannabis-based products via licencesin Africa, to supply the growing demand in Europe.

For more information, visit:http://www.blockcommodities.com

The Directors of the Company accept responsibility for the content of this announcement.

For further information, please contact:

Block Commodities Limited

Chris Cleverly

info@blockcommodities.com

NEX Exchange Corporate Adviser:

Alexander David Securities Limited

David Scott- Corporate Finance

+44 (0) 20 7448 9820

James Dewhurst- Corporate Broking

+44 (0) 20 7448 9820

Public and Investor Relations:

Cassiopeia Services- Stefania Barbaglio

stefania@cassiopeia-ltd.com

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Block Commodities Ltd. published this content on 03 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 June 2019 12:13:05 UTC