LottoGopher Holdings Inc. Announces Expansion of Business to Include Investment Issuer in Blockchain and Cannabis Space

Update on Proposed Name Change, Continued Investment in LottoGopher.com and Formation of Advisory Board

January 31, 2018 8:30 AM EST | Source: LottoGopher Holdings Inc.

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2018) - LottoGopher Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) (FSE: 2LG) ("LottoGopher" or the "Company")  today announced its intent to complete a change of business transaction pursuant to the policies of the Canadian Exchange and become an investment issuer company focused on investments in cryptocurrency, blockchain technology, and the cannabis sector, including LottoGopher.com.

Pursuant to the proposed investment policy, the primary investment targets will be assets from the above mentioned sectors that have a clear path to being public in a short time frame from investment. The investment activities may be passive or LottoGopher may take an active role in the business of companies in which it has equity positions through the provision of strategic advice, board representation and/or other means.

"We feel that being in a position to capture the gains available with the evolution of the internet in blockchain and potential emerging global applications, along with this unique bull market in cannabis, will benefit our shareholders immensely. We believe that creating a vehicle to invest in these early stage companies that most investors aren't given access to will be highly attractive for our shareholders," commented James Morel, CEO of LottoGopher Holdings Inc. "This new company would allow investors to get exposure to both the cannabis and blockchain space."

Change of Name

The company intends to complete a change of name to reflect its role as an investment issuer in the blockchain and cannabis sectors.

Existing Business

The company intends to focus on continuing to build its flagship investment in LottoGopher, where it is implementing blockchain technology to address the $80B US lottery marketplace with the LottoGopher.com online platform.

Forming of Advisory Team

In addition, the company is currently building a strategically connected advisory team with knowledge in both the blockchain and cannabis spaces. Announcements will be made over the coming weeks.

Conditions to completion of the change of business

Completion of the Company's change of business to become an investment issuer will be subject to a number of conditions, including but not limited to, Canadian Securities Exchange approval and shareholder approval. The Company's proposed change of business will also require additional financing and identification of specific investments. The Company will provide additional information concerning its plans once it is available.

We seek Safe Harbor

About LottoGopher

LottoGopher is a lottery messenger service that allows users to easily order and manage their state lottery tickets online using a debit or credit card. By allowing individuals to choose their numbers and safely order tickets for the official lottery drawings in California, LottoGopher makes it simple for users to keep track of their tickets and winnings. With LottoGopher, individuals can either play alone with a single ticket or create and join online public and private groups to pool winnings from California lotteries, including Mega Millions, Powerball and SuperLotto Plus. LottoGopher offers memberships that allow California residents to order multiple tickets from various lotteries. LottoGopher also enables users to stay up to date on the latest drawings, track their tickets and collect winnings. Members have exclusive access to expert player strategies, jackpot alerts, lottery news, lucky number pickers and winners' financial resources.

On behalf of the Board of LottoGopher Holdings Inc.

"James Morel"

President, CEO & Director

For more information, visit LottoGopher.com, like LottoGopher on Facebook and follow on Instagram, Twitter and LinkedIn. For Investor Information, please visit LottoGopher.com/investor.

Contact Us

Investor Inquiries

Stephen Hart
Investor Relations

ir@lottogopher.com
917-658-7878

Media Inquires

Jane Tattersall
LottoGopher

jane@lottogopher.com
866-LOTTO-GO

Corporate Office

3807 Wilshire Blvd. Suite 705
Los Angeles CA, USA
90010

Forward-Looking Statement

This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation, including statements in respect of the private placement. Forward-looking information may include financial and other projections, statements regarding expansion plans, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. Statements in this news release relating to the Company's proposed change of business are forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. In respect of the Company's plans to pursue a change of business, risks would include the ability of the Company to obtain additional financing on acceptable terms and to identify and negotiate investment opportunities in cryptocurrency, blockchain technology, and the cannabis sectors. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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