Toronto, Ontario (FSCwire) - BitRush Corp. (“BitRush” or the “Corporation”) (CSE: BRH) today provides its bi-weekly update to its news releases of November 13, 2015 and November 27, 2015 pursuant to the requirements of National Policy 12-203 ("NP 12-203") that the new financial statements of MezzaCap GmbH will be filed within an amended management information circular for the reasons given in its October 30, 2015 and November 2, 2015 news releases. The Ontario Securities Commission (the “OSC”) granted a management cease trade order (the “MCTO”) effective November 13, 2015 preventing the Chief Executive Officer and the Chief Financial Officer of the Corporation from trading, directly or indirectly, in the securities of the Corporation, which will remain in place until the above-noted documentation has been filed, in accordance with the provisions of NP 12-203. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities.

The Corporation and its management confirm that the above-noted documentation has been submitted to and is currently being reviewed by the OSC. The Corporation expects to receive a reply from the OSC within the next few days and anticipates filing the amended management information circular shortly thereafter.

FORWARD LOOKING INFORMATION

This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the anticipated date for filing of the amended management information circular) constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Corporation based on information currently available to the Corporation as well as certain assumptions including, without limitation, the assumption that the Corporation will file the amended management information circular in a timely manner. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Corporation to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Corporation.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Corporation believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

On behalf of the Board of Directors,

Peter Lukesch,
President and CEO,

For further information contact Peter Lukesch at: peter.lukesch@bitrush.co

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