Ms. Suha Askary reports

SPIRIT BLOCKCHAIN CAPITAL COMPLETES PREVIOUSLY ANNOUNCED SHARES FOR SERVICES ISSUANCE

Further to the news release dated Aug. 27, 2026, Spirit Blockchain Capital Inc. has completed the previously announced shares-for-services settlement through the issuance of an aggregate of 4,300,300 common shares of the company at a deemed price of five cents per share, representing an aggregate value of $215,015, in full satisfaction of outstanding obligations for services previously provided to the company.

The shares were issued on Sept. 3, 2026, and are subject to applicable resale restrictions. As a result of the Sept. 3, 2026, issuance date, the shares are subject to a statutory hold period expiring Jan. 4, 2027, and a Canadian Securities Exchange hold period expiring Jan. 3, 2027.

The issuance settles $215,015 in outstanding service obligations through equity rather than cash. The transaction is expected to strengthen the company's balance sheet by reducing current liabilities without drawing on cash resources, supporting Spirit's working capital position, and preserving liquidity for continuing operations, technology development and other capital allocation priorities as the company continues to advance its technology and commercialization strategy.

About Spirit Blockchain Capital Inc.

Spirit Blockchain is a Canadian-based publicly listed company focused on providing shareholders with exposure to the blockchain and digital asset economy. The company is engaged in the business of developing, acquiring, operating and managing technology solutions, artificial intelligence, blockchain infrastructure and assets, and invests in emerging blockchain ventures and opportunities.

We seek Safe Harbor.