Fortress Blockchain Corp. announced the closing of its Qualifying Transaction, as defined under the policies of the TSX Venture Exchange pursuant to the business combination agreement between the Company and Fortress Blockchain Capital Corp. dated March 21, 2018, as amended.

Upon completion of the Transaction, Robert Leckie, Mark Goodman and Carmelo Marrelli resigned their positions as directors and officers of the Company. Aydin Kilic, Roy Sebag (Chairman), Joshua Crumb, Kent Wakeford and David Jaques have been appointed as directors of the Company. Aydin Kilic has also been appointed the President and CEO of the Company; David Pais has been appointed the CFO and Corporate Secretary and Michael Ages has been appointed Chief Technical Officer.