LGLOF - Link Global Technologies Signs Contract Commissioning an Additional 10 Megawatts for Bitcoin Mining and May Increase Gross Revenues by 167%

(TheNewswire)

• - Link Global Technologies Signs ContractCommissioning an Additional 10 Megawatts for Bitcoin Mining, and MayIncrease Gross Revenues by 167%

  - Through its Partnership with BlockOne Technologies, Link Adds Phil Harvey as General Manager ofOperations

VANCOUVER, BC, CANADA - TheNewswire - November 25, 2020, LINK GLOBALTECHNOLOGIES INC. (CSE:LNK )(CNSX:LNK.CN) ( FRA:LGT ) ( OTC:LGLOF)("LINK" or the "Company") ,an innovative power and infrastructure solutions provider for Bitcoinmining and data hosting operations, is pleased to announce that it hassigned an additional agreement (the "Agreement") with BlockOne Technologies Inc. ("Block One") dated November 20, 2020pursuant to which Link has agreed to supply Block One with 10megawatts (MW) of electrical power for an initial term of one year, atan agreed-upon rate calculated in Canadian dollars per kilowatt-hour.With the signing of this Agreement, Link may increase the grossrevenues reported in the last fiscal quarter (Q3 2020).

This latest Agreement is part of a phased powergeneration alliance between Link and Block One. Link has beensupplying Block One with clean power generated from inactive oil andgas wells in Alberta and semi-portable infrastructure solutions thatimprove Bitcoin and digital currency mining efficiency.

Link's competitive advantage centers around itsproprietary process of contracted stranded hydrocarbons. Link'stechniques essentially reduce potential harmful hydrocarbon emissionsby converting it to electricity in an environmentally responsibleway.

With this new power commission Agreement, Link will nowhave the following operations in Alberta:

• - Eastern Alberta site - 3.75 MW

  - Western Alberta 1 site - 5 MW

  - Western Alberta 2 site - 10 MW

The commissioning of the new Western Alberta site iscurrently underway. As previously disclosed, Link plans to continueits rapid development of Bitcoin mining sites in 2021.

"We are very pleased with this expansion of ourexisting power generation operations and the increased revenues thatthis contract may bring in," said Stephen Jenkins, President& CEO of Link. "As digital currency is being accepted moreinto everyday life, Link is well-positioned to capture additionalmarket share of supplying the infrastructure necessary for operationsto be profitable."

New General Manager, Operations - Phil Harvey

Link is also pleased to announce that effectiveimmediately, Mr. Phil Harvey, Chief Operating Officer of Block One,will be acting as General Manager, Operations for both companiesmoving forward. Mr. Harvey comes from a strong project management andoperations background, having led multinational and multidisciplinaryteams across a multitude of projects around the world. Since being inthe blockchain space since 2014, Mr. Harveyestablished and led Block One's blockchain and cryptocurrency team inits rapid growth of operations resulting in one of the mostsignificant and most efficient crypto-miners in North America. Thedual role with Link Global will continue to align the synergies andcomplementary business that the two entities share.

"With Phil's appointment, we ensure an alignmentin the operations of the two entities, manifesting in increasedoperational efficiency which we expect will help us reach our goal ofprofitability across both platforms in the near future,"commented Mr. Jenkins.

About Link Global TechnologiesInc.

Link is engaged in the business of providinginfrastructure and operating expertise for digital mining and datahosting operations. Link's objectives include locating and securing,for lease and option to purchase, properties with access to low-cost,reliable power, and deploying this low-cost power to conduct digitalmining and supply clean energy and infrastructure for otherdata-hosting services.

About Block One TechnologyInc.

Block One Technology, Inc. is built upon our founders'five years of experience establishing, optimizing, and developingefficient and secure turnkey crypto mining facilities in multiplejurisdictions for individuals and institutions. Profitability andensures uninterrupted operations.

On behalf of Link Global Technologies Inc.

Stephen Jenkins

Chief Executive Officer & Director

For more information, visit http://linkglobal.io/ orcontact:

Steve Jenkins

stephen@linkglobal.io

+1-877-770-6545

Investors, please contact:

info@linkglobal.io

+1-833-707-8708

The CSE has not reviewed and does not acceptresponsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDINGFORWARD-LOOKING INFORMATION. This news releasecontains "forward-looking statements" within the meaning ofapplicable Canadian securities legislation. Forward-looking statementsconsist of statements that are not purely historical and include anystatements regarding beliefs, plans, expectations or intentionsregarding the future. Often, but not always, forward-lookingstatements can be identified by the use of words such as"plans", "expects", "is expected","forecast", "budget", "scheduled","estimates", "forecasts", "intends","anticipates", or "believes", or variations(including negative variations) of such words and phrases, or statements that certain actions, events orresults "may", "would", "could","should" or "might" occur. Forward-lookingstatements made in this news release include, but are not limited, to:statements with respect to the Agreement and the terms and potentialbenefits thereof; Link's phased power generation alliance with BlockOne; Link's plans to continue its rapid development of Bitcoin miningsites in 2021; the projected increases in revenues due to theAgreement; the continued acceptance of digital currency in everydaylife; the perceived benefits of the appointment of the new GeneralManager, Operations; and other statements regarding the business plansof the Company. All such forward-looking statements are based onfactors or assumptions that were applied in drawing a conclusion ormaking a forecast or projection, including assumptions based onhistorical trends, current conditions and expected futuredevelopments. Since forward-looking statements relate to future eventsand conditions, by their very nature they require making assumptionsand involve inherent risks and uncertainties. The Company cautionsthat although it is believed that the assumptions are reasonable inthe circumstances, these risks and uncertainties give rise to thepossibility that actual results may differ materially from theexpectations set out in the forward-looking statements. In the caseof the Company, these risks, uncertainties, assumptions and otherfactors include, without limitation: that actual results from theAgreement may differ materially from the parties' expectations; thoseset out in the Company's most recent MD&A, fluctuations in theprice of electricity, fluctuations in the price of digitalcurrencies/Bitcoin, the future potential halving of Bitcoin, increasesin the network difficulty rate and price of digitalcurrencies/Bitcoin, negative changes in the level of digitalcurrency/Bitcoin rewards per block, the securing of economic rates forthe purchase of power, the opportunities for acquiring digitalcurrency mining hardware, unanticipated changes in laws, regulationsor other industry standards affecting the business of the Company,reliance on key management personnel, the Company's ability toimplement its business plan, litigation risk, stock price volatility,the effects of general economic and other factors beyond the controlof the Company, and other matters that may occur in the future. Giventhese risks, undue reliance should not be placed on theseforward-looking statements, which apply only as of the date hereof.Other than as specifically required by law, the Company undertakes noobligation to update any forward-looking statements to reflect newinformation, subsequent or otherwise.

This news release contains future-oriented financialinformation and financial outlook information (collectively,"FOFI") about Link's prospective results of operations,including revenue, all of which are subject to the same assumptions,risk factors, limitations, and qualifications as set forth in theabove paragraphs. FOFI contained in this news release was made as ofthe date of this news release and was provided for the purpose ofproviding further information about Link's future business operations.The Company disclaims any intention or obligation to update or reviseany FOFI contained in this news release, whether as a result of newinformation, future events or otherwise, except as required bysecurities law. Investors are cautioned that the FOFI contained inthis news release should not be used for purposes other than for whichit is disclosed herein.

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