Metaverse Capital Corp GBCHF

FORK

[Itdontmatter]

Vancouver, BC, August 23, 2019 — METAVERSE CAPITAL CORP. (CSE: FORK) (OTC: GBCHF) (“FORK” or the “Company”), formerly Global Blockchain Mining Corp., announced today that the British Columbia Supreme Court (the “Court”) has rendered its decision in the lawsuit brought by AB Mining Limited (“AB”) against the Company and Global Gaming Technologies Corp. (“Global”) in connection with an Asset Purchase Agreement (the “Agreement”) for the sale of bitcoin mining equipment from AB to the Company and Global. In its decision dated August 13, 2019, the Court determined that the Company and Metaverse breached the Agreement, and that AB is entitled to damages, pre- and post-judgment interest, and costs of the litigation from the Company and Global. The amount of damages has not yet been determined.