Correction From Source -- Block One Capital Appoints Mr. Arnold Spangler and Mr. Aman Thindal to Board of Directors

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

A correction from source is issued for the news release that was disseminated of even date. The news release has been modified to include Nick Watters' resignation, effective immediately, from the board. The corrected copy of the news release follows:

VANCOUVER, British Columbia, March 01, 2018 (GLOBE NEWSWIRE) -- Block One Capital Inc. (TSXV:BLOK) (OTCQB:BKPPF) (Frankfurt:ES3) (the "Company" or "Block One"), an investment company focused on high growth opportunities in the blockchain and digital currency mining sector, is pleased to announce, effective immediately, Messrs. Arnold Spangler and Aman Thindal have joined the board of directors and Mr. Nick Watters has resigned as a director, effective immediately.

"On behalf of the board of directors, I thank Nick for his valuable service and contributions and wish him well in future endeavors," said Sothi Thillairajah, CEO of Block One.

Mr. Arnold Spangler

Mr. Spangler is a financial executive, having extensive experience for more than 45 years in private equity, investment banking, investment portfolio management and as a board director. His most recent private equity experience was as a Managing Director at Mancuso & Co., which managed a private equity fund that was successfully monetized. Prior to that he spent more than 20 years as an investment banker. He served as Co-head of Paine Webber's (now UBS) M & A department. Mr. Spangler spent most of his career as a General Partner at Lazard Freres & Co. where he was involved in mergers and acquisitions transactions, initial public offerings, joint ventures, start-ups and venture capital projects. Before joining Lazard Freres he was a product officer in the merchant banking group at Citibank.

Mr. Spangler has served as a corporate director on numerous boards of both public and private companies. He was chairman of an industry leading medical device company which ultimately was sold to Stryker Corporation. He spent 17 years as an independent director of Syncor International, a health care manufacturing and distribution company which was ultimately sold to Cardinal Health.  He also has been a director or advisor to numerous privately-held companies in a variety of industries including health care, manufacturing, service, retail and financial and trading.  He has also been an active investor of his own portfolio.

Mr. Spangler has an MBA from Harvard Business School and a BS from Iowa State University.

Mr. Aman Thindal

Aman Thindal is the Chief Financial Officer at Reliq Health Technologies Inc. He has over 6 years of experience and knowledge as an independent investor and has provided consulting services to private companies. Prior to Joining Reliq Health Technologies Inc., Mr. Thindal spent 4 years as a partner and CFO of a Greater Vancouver based private mid-tier real estate development company where he played an active role in land acquisitions, financial management, human resources and marketing of the company's projects. During his tenure Mr. Thindal helped the company secure over $75,000,000 in both traditional mortgage and private equity financing. Mr. Thindal obtained his Chartered Accountant Designation in 2010 and he holds a Bachelor of Business Administration degree with joint concentration in Accounting and Finance from Simon Fraser University.

For more information on Block One please visit the Company's website at: www.blockonecap.com.

ON BEHALF OF THE BOARD

"David Berg"
Director

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

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.

FOR ADDITIONAL INFORMATION CONTACT:

Block One Capital Inc.

Office: 760-989-2202, email:  [email protected]