Ocean Falls Announces Appointment of Amy Ter Haar to the Board

Vancouver, British Columbia (July 28, 2021) – Ocean Falls Blockchain Corp. (“OFB” or the “Company“) is pleased to announce the appointment of Ms. Amy Ter Haar to the Board of Directors effective immediately.

Amy received her Juris Doctor and Master of Laws degrees from Western University and is a member of the Law Society of Ontario. Amy is an accomplished legal counsel and trusted advisor to senior management on risk mitigation, ethics and compliance, corporate governance, and merger & acquisition issues in highly regulated and early-stage companies. Amy is a frequent speaker on the issues of business, law, and technology. She has spoken internationally at the International Telecommunication Union’s World Conference, the World Council of Credit Unions, and as a witness before the Parliament of Canada. She has been voted as one of Canada’s Top Women in FinTech and Blockchain in 2021.

In conjunction with this and effective immediately, Andy Nero has resigned from the Board of Directors to pursue personal interests in his retirement. The Company would like to thank him for all his tireless efforts and contributions to the Company over the past several years and will continue to consult with him as required.

Additional information on the Company is available at www.oceanfallsblockchain.com.

About Ocean Falls Blockchain Corp.
Ocean Falls is a Canadian blockchain technology company that operates a 2MW-plus, clean energy-powered cryptocurrency mining farm in historic Ocean Falls, B.C. Ocean Falls is also creating a new sustainable solution for the captive insurance industry. Visit oceanfalls.com for more information.

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Forward-Looking Statements

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. These statements are based upon information currently available to OFB’s management. All information that is not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements may be identified by the use of terms such as “anticipate”, “believe”, “could”, “estimate”,  “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and “should”. Forward-looking statements contained in this news release are based on certain factors and assumptions made by the management of OFB based on their current expectations, estimates, projections, assumptions, and beliefs regarding their business and OFB does not provide any assurance that actual results will meet management’s expectations. While management considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect. Such forward-looking statements are not guarantees of future events or performance and by their nature involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Although OFB has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, other factors may cause actions, events, or results to be different than anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking information. OFB does not undertake to update any forward-looking information, whether as a result of new information or future events or otherwise, except as may be required by applicable securities laws.

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