Toronto, Ontario--(Newsfile Corp. - December 27, 2018) - Blocplay Entertainment Inc. (CSE: PLAY) (the "Company")
is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 -
Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203").
On November 23, 2018, the Company announced (the "Default Announcement") that it had not filed its interim financial
statements and management discussion and analysis for the nine-month period ended September 30, 2018, together with the related
certification of filings under National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim
Filings (collectively, the "Continuous Disclosure Documents") by the prescribed deadline of November 29, 2018.
The Company anticipates that the Continuous Disclosure Documents will be filed on or before February 1, 2019. The Company will
continue to provide bi-weekly updates, as contemplated by NP 12-203, until the Continuous Disclosure Documents have been filed. In
the event that the Company does not file the Continuous Disclosure Documents by February 1, 2019, the Canadian Securities
Regulatory Authorities may impose an issuer cease trade order on the outstanding securities of the Company. The Company intends to
satisfy the provisions of the Alternative Information Guidelines during the period it remains in default of the filing
requirements. The Company confirms that there is no other material information relating to its affairs that has not been generally
disclosed.
For further information, please contact:
Blocplay Entertainment Inc.
Tel: 647-776-1209
Email: investors.blocplay@gmail.com
Forward-Looking Information
Certain information set forth in this news release may contain forward-looking information that involve substantial known and
unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which
are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry
conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking information. The parties undertake no obligation to update forward-looking information
except as otherwise may be required by applicable securities law.
