GlobalBlock Announces Proposed Reverse Takeover (RTO) By CHAINERGY, A Company Developing Sustainably Powered Artificial Intelligence Data Centers

Calgary, Alberta--(Newsfile Corp. - January 6, 2025) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK.H) (OTC: BLVDF) (FSE: BD4) (the "Company") is pleased to announce it has entered into an arm's length, binding letter of intent effective January 3, 2025 (the "LOI") with RTC Merchants Ltd. (doing business as CHAINERGY) ("CHAINERGY") to complete a proposed reverse takeover transaction (the "Transaction"). The Transaction is expected to constitute a "Reverse Takeover" transaction pursuant