Block Provides Clarification Regarding Unaffiliated Entity With Similar Name

Block One Capital Inc. (TSXV: BLOK) ("

Block One Capital

") issues this news release in response to certain recent inquiries from investors. Block One Capital wishes to clarify that it is not in any way affiliated with BLOK Technologies Inc. ("

BLOK Technologies

"), a company which Block One Capital understands is listed for trading on the Canadian Securities Exchange under the symbol "BLK".

Block One Capital further clarifies that it is not in any way subject to the temporary order issued by the British Columbia Securities Commission in November 2018 against BLOK Technologies.

About Block One Capital Inc.

Block One Capital is an investment company focused on early stage and high growth opportunities in the blockchain sector. Block One Capital is a listed investment issuer on the TSX Venture Exchange: BLOK. Block One Capital seeks to invest in early stage blockchain technologies at attractive valuations. Block One Capital seeks to access attractive pre-token issuance blockchain equity investments for its investors. Block One Capital seeks to acquire a significant minority stake when possible. Utilizing our accomplished management, director, and advisory team, Block One Capital seeks to provide investors with a diversified basket of blockchain exposure.

For more information on Block One Capital, please visit the Block One Capital's website at www.blockonecap.com, or contact Block One Capital at [e-mail].

"Sothi Thillairajah"Chief Executive Officer

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.