Helix Announces Departure of Executive Chairman

Helix Applications Inc. (TSX-V: HELX)

(the “

Company

” or “

Helix

”) announces that Brian Hinchcliffe, Executive Chairman of the Company, has made the decision to resign from the Board of Directors in order to focus his time on the other companies and opportunities that he is involved with.

“On behalf of the Board, we thank Brian for his long time leadership and support for the Company, and specifically his tireless work on the reorganization of the Company and its recent transition to a technology company,” said Rufus Round, a director of the Company. “We all wish him well in his other pursuits.”

ABOUT HELIX

Helix is a blockchain application and technologies developer, listed on the TSX Venture Exchange (TSX Venture: HELX).  On October 26, 2018, Helix completed a “Change of Business” transaction to become a technology company and undertake its current business. Additional information about Helix and its “Change of Business” transaction is available on SEDAR at www.sedar.com under Helix’s profile.

For further information please contact Helix at:

Tom Thompson, CEOc/o 82 Richmond Street East, Suite 200, Toronto, ON, M5C 1P1Tel. [e-mail]

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information set out in this news release constitutes forward-looking statements or information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. In particular, this news release contains forward-looking statements in respect of among other things, the development and commercialization of the Company’s technologies and the timing thereof. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, risk factors set forth in the Company’s most recent management's discussion and analysis, a copy of which is filed on SEDAR at www.SEDAR.com, and readers are cautioned that the risk factors disclosed therein should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.