DMG Information Audited Annual Money Statements

VANCOUVER, British Columbia, Dec. 31, 2020 (Globe NEWSWIRE) — DMG Blockchain Alternatives Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a diversified blockchain and technology firm, is delighted to announce that it submitted its Audited Once-a-year Economic Statements and Management Dialogue and Examination on December 30, 2020.

A complete copy of these files is out there on www.sedar.com.

Sheldon Bennett, the Company’s Main Operations Officer, emphasised, “I am really happy of all our team’s initiatives in collaborating over these challenging COVID situations to not only attain enhanced economic results in almost all of the Company’s operations, but also to entire our yearly audit process a total month just before necessary submitting.”

DMG also announces that it has issued 3,655,000 inventory alternatives to administrators, officers, personnel and consultants at an work out rate of $.65 for a a few-year term.

About DMG Blockchain Methods Inc.

DMG is a diversified cryptocurrency and blockchain system organization that is targeted on the two major alternatives in the sector – mining community blockchains and making use of permissioned blockchain technologies. DMG focuses on mining bitcoin, providing web hosting solutions for industrial mining customers, earning revenues from block benefits and transaction service fees, acquiring facts analytics and forensic program goods, doing work with auditors, law corporations, and regulation enforcement to give specialized expertise. DMG’s permissioned blockchain technology is targeted on creating enterprise software package for the provide chain administration of managed solutions. DMG’s tactic is to turn into the area gurus across the business verticals it focuses on. DMG’s administration crew involves seasoned crypto gurus, forensic & financial industry experts and blockchain builders with deep relationships all over the marketplace, with earlier encounter doing the job at Bitfury, PwC, EY, Cisco and UBS.

For far more info on the Organization visit: www.dmgblockchain.com

On behalf of the Board,
Daniel Reitzik, CEO & Director

For even more info get in touch with:

Trader Relations: Dan Reitzik
Email: [email protected]
Web: www.dmgblockchain.com

Cautionary Observe Relating to Ahead-Searching Information

This news launch contains ahead-seeking information and facts centered on existing anticipations. Statements about the Company’s strategies and intentions, other likely transactions, acquisition of prospects, product improvement, events, programs of action, and the likely of the Company’s technological know-how and operations, between other folks, are all forward-searching information. Forward-looking statements consist of statements that are not purely historical, which includes any statements about beliefs, ideas, anticipations or intentions pertaining to the potential. This sort of info can typically be discovered by the use of forwarding searching wording this sort of as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the detrimental thereof or comparable variations. The reader is cautioned that assumptions made use of in the preparation of any forward-searching information and facts could demonstrate to be incorrect. Situations or instances may well cause precise benefits to vary materially from all those predicted, as a outcome of numerous identified and unknown dangers, uncertainties, and other aspects, several of which are further than the command of the Firm, like but not confined to, organization, economic and money industry circumstances the potential to handle operating charges, which might adversely have an affect on the Company’s money affliction the means to stay competitive as other much better financed competition create and release aggressive products and solutions regulatory uncertainties entry to tools marketplace conditions and the desire and pricing for products the demand and pricing of bitcoins stability threats, such as a decline/theft of DMG’s bitcoins DMG’s relationships with its clients, distributors and small business companions the incapability to insert more electric power to DMG’s facilities DMG’s potential to effectively define, design and launch new goods in a timely method that satisfy customers’ demands the potential to bring in, retain and motivate skilled staff levels of competition in the market the effects of technological know-how modifications on the solutions and sector failure to produce new and innovative solutions the capacity to properly sustain and enforce our intellectual residence rights and defend third-celebration claims of infringement of their intellectual house rights the influence of intellectual home litigation that could materially and adversely influence the business enterprise the capability to manage operating funds and the dependence on vital personnel. DMG may possibly not in fact achieve its programs, projections, or anticipations. These statements and details are based mostly on quite a few assumptions concerning present and foreseeable future business enterprise tactics and the natural environment in which the Firm will work in the long run, including the desire for its products and solutions, the means to properly acquire software package, that there will be no regulation or regulation that will protect against the Enterprise from operating its enterprise, predicted charges, the means to secure sufficient funds to finish its business enterprise designs, the means to attain ambitions and the cost of bitcoin. Given these pitfalls, uncertainties and assumptions, you should really not spot undue reliance on these ahead-seeking statements.

The securities of DMG are thought of very speculative owing to the character of DMG’s business enterprise.

Factors that could bring about actual effects to differ materially from those people in ahead-wanting statements include things like, failure to acquire regulatory acceptance, the continued availability of money and funding, machines failures, lack of supply of devices, power and infrastructure, failure to get hold of any permits expected to function the company, the affect of technology adjustments on the marketplace, the effect of Covid-19 or other viruses and disorders on the Company’s potential to function, secure tools, and seek the services of staff, competitors, safety threats such as stolen bitcoins from DMG or its prospects, consumer sentiment towards DMG’s merchandise, expert services and blockchain know-how generally, failure to build new and revolutionary items, litigation, reduce in the price tag of bitcoin, enhance in operating charges, maximize in tools and labor prices, failure of counterparties to complete their contractual obligations, governing administration polices, reduction of critical staff and consultants, and typical financial, current market or business enterprise disorders. Forward-hunting statements contained in this information launch are expressly certified by this cautionary assertion. The reader is cautioned not to position undue reliance on any forward-seeking details. The forward-hunting statements contained in this information release are manufactured as of the date of this information release. Except as needed by law, the Business disclaims any intention and assumes no obligation to update or revise any ahead-on the lookout statements, whether as a consequence of new facts, future functions or or else. Moreover, the Firm undertakes no obligation to remark on the anticipations of, or statements built by third parties in regard of the matters reviewed over.

Neither the TSX Undertaking Trade nor its Regulation Provider Provider (as that time period is defined in the guidelines of the TSX Undertaking Exchange) accepts obligation for the adequacy or precision of this information release.