iMining Announces Appointment of Khurram Shroff as President and CEO

Toronto, Ontario--(Newsfile Corp. - June 29, 2021) - iMining Blockchain and Cryptocurrency Inc. (TSXV: IMIN) (the "Company" or "iMining") today announced the appointment of Khurram Shroff as President and CEO of the Company.

Robert Eadie, who has served in those positions, will move to the advisory board and will continue to assist management and the iMining team. "This is great news for our shareholders," said Robert. "Khurram's vast experience in Digital Asset Staking and various blockchain businesses is what iMining needs to propel the Company and lead it through the next stages of growth and asset building in this exciting industry."

Mr. Shroff has over ten years of experience in the blockchain industry. He was most recently Chairman of IBC Group. In this role, Mr. Shroff acted as a trusted advisor for some of the most prominent projects in blockchain and oversaw the implementation of the firm's moving from Dubai to Toronto. Mr. Shroff built his career in working for Canadian Family office in real estate, rising to top roles, including leading some real estate projects globally as well as other business investments across Europe, Middle East and Africa. He also served as a civilian sponsor and member of Canadian Armed Forces College and is a member of the University Club of Toronto

Mr. Shroff also acts as Chairman of the Board of Directors of iMining. "I would like to thank Robert for his numerous years of service and his commitment to our shareholders," said Khurram. "I am looking forward to the challenges ahead as we work together to bring cryptocurrencies and digital assets to the world's leading institutions."

ON BEHALF OF THE BOARD

iMining Blockchain and Cryptocurrency Inc.
Signed "Khurram Shroff"

Khurram Shroff, Chairman, President & Chief Executive Officer

FOR FURTHER INFORMATION, please contact:

iMining Corporate Offices:
Robert Eadie, Advisor to the Board
Email: investor@imining.com
Telephone: 1-604-602-4935 ♦ Facsimile: 1-604-602-4936
Toll Free: 1-866-602-4935

Evan Eadie, Corporate Development
Email: eeadie@imining.com
Telephone: (604) 602-4935 ext. 203
Toll Free: 1-866-602-4935

About iMining Blockchain and Cryptocurrency

iMining is a growth oriented, TSXV listed company, focused on linking traditional capital markets with blockchain investment opportunities. The Company provides retail and institutional investors a safe and secure way to stake Ethereum 2.0 using proprietary and secure proof of stake methods. We are driven by our core values to operate with transparency, efficiency and sustainability as we work toward building long-term shareholder value.

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