Bluerock Ventures and Diitalk Communications Announce Termination of Letter of Intent to Merge

BLUEROCK VENTURES CORP.

NEWS RELEASE TSXV: BCR.H

BLUEROCK VENTURES AND DIITALK COMMUNICATIONS ANNOUNCE TERMINATION OF LETTER OF INTENT TO MERGE

Vancouver, British Columbia – Wednesday, February 27, 2019 – Bluerock Ventures Corp (“Bluerock” or the “Company”) and Diitalk Communications Inc. announce termination of Letter of Intent to Merge.

Pursuant to the terms of a non-binding letter of intent entered into with Diitalk Communications Inc., a private corporation existing under the laws of British Columbia, as announced on March 19, 2018, the parties have mutually agreed to terminate the LOI and not proceed with the merger.

Bluerock remains committed to pursuing a compelling qualifying transaction and will be turning its attention towards opportunities in the cannabis industry.

ON BEHALF OF THE BOARD of DIRECTORS

BLUEROCK VENTURES CORP.

“Praveen Varshney”

Praveen Varshney, FCPA, FCA President and Director

For further information, please contact:

Karan Thakur Tel: 778-987-3446 [email protected]

Cautionary Statement

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Bluerock should be considered highly speculative.

The TSX Venture Exchange Inc. and TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.