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Spirit Blockchain Provides Clarification on Investor Relations Activities

Vancouver, Canada, June 16, 2025 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR) (“Spirit” or the “Company”) is pleased to announce that on January 30, 2025 it engaged 2686363 Ontario Corporation dba CanaCom Group (the “Service Provider”) firms to design, develop and execute a company awareness program through TheDeepDive.ca blog that will help engage the online investor community into understanding Spirit. The term of the engagement is for a period of 12 months from February 3, 2025 (being the date that services were first provided) and at a cost of $150,000 plus HST.

The Service Provider operates independently from Spirit, and no securities have been issued as compensation.

Spirit has not initiated any activities with the investor relations firms disclosed in its press release of February 20, 2025, other than Senergy Communications Capital Inc. (“Senergy”) who term began on March 30, 2025 and who is providing its services through you tube and who first produced content March 20, 2025. Spirit engaged Senergy to produce two additional content items, however, the timing for release is uncertain and accordingly, Senergy will continue to be engaged until such time as the two additional content items are received. There is no change to the cost from the originally disclosed cost. Details with respect to the Senergy, please see Spirit’s press release of February 20, 2025.

The contact information for the Service Provider and Synergy are below.

Service Provider: 2155 Arbourview Dr, Oakville, ON, L6M 3N9. Contact: Jordan Lutz-jay@thedeepdive.ca ; +1.306.529.5431.

Senergy: 228-1122 Mainland Street, Vancouver, BC V6B 5L1. Contact: Aleem Fidai-aleem@senergy.capital +1 778-772-6740.

This contents of this press release related to the Service Provider and Senergy is being issued at the request of the CSE and CIRO.

About Spirit Blockchain Capital

Spirit Blockchain Capital Inc. is a growth-oriented investment company focused on the blockchain technology sector. With a diversified portfolio approach, the Company invests in blockchain infrastructure, cryptocurrencies, mining operations, and emerging blockchain technologies. Spirit aims to create shareholder value through strategic investments in a rapidly expanding digital asset landscape.

For more information, visit www.spiritblockchain.com or follow us for the latest updates. For media inquiries, please contact:

Lewis Bateman
Chief Executive Officer
info@spiritblockchain.com
416.456.3373

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Forward looking statements in this news release include the Company’s expectation of additional investments from international subscribers and the timing for completion of these investments, the Company’s proposed use of proceeds of the Offering and the company’s business plans. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including without limitation the risk that the Company may not receive additional subscriptions from international subscribers in a timely manner or at all, and that even if such subscriptions are received they may not be in the amounts expected. Factors that could materially affect such forward-looking information are described under the heading “Risk Factors” in the Company’s long form prospectus dated August 8, 2022, that is available on the Company’s profile on SEDAR at www.sedar.com. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements’ best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

The CSE has not reviewed, approved or disapproved the content of this press release.


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