CryptoStar" or the " Company"), a cryptocurrency mining and data centre operator, is pleased to announce that, further to the non-binding letter of intent announced on January 13, 2021, the Company and a Hong Kong based company (the " Vendor") have executed an equipment purchase agreement (the " Definitive Agreement") effective March 7, 2021 to acquire a combination of GPU and ASIC miners in exchange for 7,956,198 units (" Units") of the Company at a deemed value of CAD$1,909,487.52 (the " Transaction"). The Company will issue an additional 477,372 Units (the " Finder's Fee") to Chen Peifeng in connection with Transaction. Each Unit consists of one common share of CryptoStar (a " Common Share") and one common share purchase warrant of CryptoStar (a "