File: '\\swfile\EmailIn\20251002 131945 Attachment 02-10-2025 KAS NR - Dynamite Announces Acquisition of mPWR Tokens.docx'

Dynamite Blockchain Corp.

Dynamite Blockchain to Acquire mPWR Tokens

Dynamite to Increase its Digital Assets Holdings with the Acquisition of mPWR Tokens

Vancouver, B.C., October 2, 2025 - Dynamite Blockchain Corp. (the "Company" or "Dynamite") (CSE: KAS) is pleased to announce that it has entered into an asset purchase agreement (the "Agreement"), dated October 2, 2025, to acquire 10,000,000 mPWR utility tokens (each, an "mPWR token") in an arm's length transaction from a group of vendors (the "Vendors") in consideration for 5,000,000 common shares of the Company at a deemed price of $0.075 per share and $50,000 CAD to be paid in cash, for aggregate deemed consideration of $425,000 (the "Acquisition").

An Acquisition with Intended Built in Utility

The Acquisition will expand Dynamite's digital asset holdings into the emerging-market mobile phone and digital finance segments, without the significant capital expenditures typically required to gain exposure to these market segments. The Company is taking a strategic stake in mPWR tokens prior to the widely anticipated launch of mPWR Inc.'s ("mPWR") "mPWR Phone", which is planned to be the cornerstone of the mPWR ecosystem. As part of the mPWR strategy, users of the mPWR Phone will be required to pay all their fees using only the mPWR token, with the intent to create built in utility to the mPWR token while aggressively marketing their mPWR Phone in emerging markets. The Company believes that the launch of the mPWR Phone will not only serve as a catalyst for growth in the value of the mPWR token, but also as a potential userbase for the products and services in Dynamite's Blockchain Ecosystem.

How mPWR fits into Dynamite's Blockchain Ecosystem

Beyond being part of its Holdings Division, the Company intends to vertically integrate mPWR's phone and token into its entire Blockchain Ecosystem. The Company will initially seek to achieve this by investigating a fit for the Company's revamped IMME Wallet - which is expected to be rebranded and launched later this year - onto the mPWR Phone. The Company further believes that there is a natural synergy between the mPWR Phone and the Dynamite Blockchain Ecosystem since many of the Company's products and services could potentially be embedded directly into the phone in a similar fashion to the IMME Wallet. This would potentially result in a win /win for both Dynamite and mPWR, as the Company could benefit from increased users of its products and services, while mPWR could benefit from expanded offerings for its phone. Furthermore, this collaboration could strengthen demand for the mPWR token, which would benefit both parties.

Closing Conditions

Completion of the Acquisition is subject to customary conditions, including Canadian Securities Exchange acceptance, the Company's Board approval and delivery the of the mPWR tokens by the Vendors.

On behalf of the Company,

Akshay Sood,

Chief Executive Officer

Telephone: 236-259-0279

About Dynamite Blockchain

Dynamite Blockchain Corp. is a blockchain technology and infrastructure company focused on building shareholder value through its Blockchain Ecosystem Strategy, which is comprised of 3 primary divisions: Holdings, Products and Services. The Holdings Division is the foundation, which focuses on acquiring utility-driven tokens that combine scarcity with real-world adoption and monetization. The Products and Services Divisions are intended to drive utility into the digital assets in the Holdings Division by the development and acquisition of products and services that will be compatible with the digital assets in the Company's Holdings Division. Working in strategic harmony, the vertically integrated Blockchain Ecosystem not only offers shareholders ownership in rare and unique digital assets but also provides them with a unique investment vehicle that has utility generation built into its business model.

Forward-Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans, and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements in this news release include, without limitation, statements respecting: the Acquisition; the impact of the Acquisition on the Company; potential synergies between mPWR and the Company's current offerings and the benefits to the Company therefrom; launch of the mPWR phone and the goal and potential impact thereof; that users of the mPWR Phone will only be able to pay via the mPWR token; that the launch of the mPWR Phone will serve as a catalyst for growth in the mPWR token; the launch of any products and services by the Company this year (including but not limited to the IMME Wallet); and that the Company's products and services will be embedded into the mPWR Phone. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements, or otherwise.

The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.