Helix Applications Inc. announce that it has entered into a binding definitive share exchange agreement dated May 15, 2021 with GlobalBlock Limited, to provide for the completion of a business combination with the Company (the "Transaction"), as more particularly described below. The combined entity (the "Resulting Company") will continue the business of GlobalBlock, being an established UK based digital asset broker providing trading services via its dedicated digital asset trading platform, its mobile app and on the telephone to individuals and institutions. The Company's current management is anticipated to remain in place as senior management of the Resulting Company, except that David Thomas, who is one of the shareholders of GlobalBlock, is to be appointed as Chief Operating Officer of the Resulting Company upon closing of the Transaction. At this time, the four shareholders of GlobalBlock, serve as management of GlobalBlock, and will continue to manage and operate GlobalBlock from the United Kingdom. The following is information on each of these individuals: David Thomas, Director and Co-Founder of GlobalBlock: Before founding London based digital asset broker GlobalBlock, David was a partner at the FCA regulated foreign exchange business GlobalReach Group, where he spent fourteen years and was responsible for the business's corporate and private client relationships, helping grow the business into a leader in the international payments space. In 2018, David co-founded GlobalBlock to serve the growing demands of both retail and institutional investors in trading, clearing, and settling cryptocurrency transactions. Karl Thompson, Co-Founder of GlobalBlock: Karl has been in financial services for over twenty years, working in the equity trading and brokerage space. In 2012 Karl set up Peregrine & Black Capital, offering bespoke stockbroking services to professional and institutional clients. Karl went on to co- found Peregrine & Black Investment Management in 2015, offering discretionary investment management services to individuals, trusts and charities and later P&B Wealth, a full financial advice firm. The Peregrine & Black Group has offices in London and Bermuda and is correspondingly regulated by the FCA and BMA. Karl co-founded GlobalBlock in 2018 to meet the demands from clients looking to trade in digital assets. Patrick Bullman, Co-Founder of GlobalBlock: Patrick commenced his career as a broker at Tullett Prebon before moving to BGC Partners in 2009. In 2013 he established Peregrine & Black capital with co-founder Karl Thompson and then set up the firm's investment management arm. In 2018, he established GlobalBlock along with David Thomas and Karl Thompson. Tim Bullman, Director and Co-Founder of GlobalBlock: Tim Bullman co-founded GlobalBlock in 2018. Prior to that he founded institutional agency broker Mint Partners in 2005 and in his role as CEO guided it from a start up to revenues of over $100 million per annum with offices in London, New York, Paris and Dubai. His previous roles included Head of Sovereign Debt at ICAP, MD Europe at Investor Select Advisors fund of hedge fund group and Senior Managing Director at BGC Partners.