Skychain Announces Stock Option Grant

Vancouver, British Columbia--(Newsfile Corp. - July 9, 2021) - Skychain Technologies Inc. (TSXV: SCT and OTCQB: SKTCF, the "Company") announces that the board has approved the grant to its directors of the Company, pursuant to the terms of the Company's stock option plan, a total of 950,000 stock options. Each such stock option entitles the holder to purchase one common share of the Company at a price of CAD $0.80 for a period of 2 years. The options are not transferrable.

About Skychain Technologies Inc

Skychain Technologies is a Vancouver based company providing Blockchain Infrastructure services and power solutions. Our vision is to become a leading player in the crypto/data mining hosting by growing to 100 MW of crypto hosting capacity. To learn more, visit www.skychaintechnologiesinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Bill Zhang
President and CEO

Contact:
604-456-0608
info@skychaintechnologiesinc.com

• Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

• Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company’s control.

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