And Grants Stock Options

BTLTM COMPLETES NAME CHANGE TO INTERBIT LTD.

AND GRANTS STOCK OPTIONS

For Immediate Release

Canada / London, UK January 10, 2019

INTERBIT LTD. (TSX Venture: IBIT) (the “Company”) is pleased to announce that it has

completed its previously announced name change from BTL Group Ltd. to “Interbit Ltd.”. At the

opening of trading today, the common shares of the Company commenced trading under its new

trading symbol “IBIT”.

To correct the previous press release, the Company’s website will be www.interbit.io.

There is no change in the share capital of the Company, and shareholders are not required to

exchange their existing share certificates for new certificates. The Company’s new CUSIP

number is 45845F100 and its new ISIN number is CA45845F1009.

Grant of Stock Options

The Company announces the grant of options to acquire a total of 150,000 common shares of

the Company at an exercise price of CAD$1.52 per share, such options to vest as to one-half on

the first anniversary of the grant of the options and one-half on the second anniversary of the

grant of the options. The options expire five years from the date of grant. These options have

been granted to a director of the Company.

ABOUT THE COMPANY AND THE INTERBITTM PLATFORMS

The Company is a technology platform provider listed on the TSX Venture Exchange and

operating from both Canada and the UK with offices in Calgary and London. The Interbit TM

platforms are 3rd generation blockchain platforms which enable business applications to be built

quickly, easily and securely.

For further information please contact:

Dominic McCann, CEO

Phone: +1 855 256 5246

Email: [email protected]

Website: www.interbit.io

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this release are forward-looking statements, which include further

development of the Company’s business relationships and business and the timing, development.

launch and success of the Company’s technologies and products, and other matters. Forward-

looking statements consist of statements that are not purely historical, including any statements

regarding beliefs, plans, expectations or intentions regarding the future. Such information can

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generally be identified by the use of forwarding-looking wording such as “may”, “expect”,

“estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar

variations. Readers are cautioned not to place undue reliance on forward-looking statements, as

there can be no assurance that the plans, intentions or expectations upon which they are based

will occur. By their nature, forward-looking statements involve numerous assumptions, known and

unknown risks and uncertainties, both general and specific, that contribute to the possibility that

the predictions, estimates, forecasts, projections and other forward-looking statements will not

occur. These assumptions, risks and uncertainties include, among other things, the state of the

economy in general and capital markets in particular, the development of competitive

technologies, the marketplace acceptance of the Company’s technologies and products, as well

as those risk factors discussed or referred to in the Company's annual Management's Discussion

and Analysis for the year ended December 31, 2017 available at www.sedar.com, many of which

are beyond the control of the Company. Forward-looking statements contained in this press

release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this

press release. Except as required by law, the Company disclaims any intention and assumes no

obligation to update or revise any forward-looking statements, whether as a result of new

information, future events or otherwise. Additionally, the Company undertakes no obligation to

comment on the expectations of, or statements made by, third parties in respect of the matters

discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.