On September 28, 2021 Bluesky Digital Assets Corp. (“Bluesky” or the “Corporation”) announced that it had entered into a securities purchase agreement with institutional investors for a private placement for gross proceeds of approximately $3,250,000 CDN (the “Private Placement”). H.C. Wainwright & Co. is acting as the exclusive placement agent for the Private Placement.

Net proceeds from the Private Placement will be primarily used for purchasing additional digital asset mining equipment with the purpose of expanding the Corporation’s existing digital asset mining operations and for general working capital purposes.

Bluesky Digital Assets Corp. is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations.