Btl Group Announces Leadership Transition

BTL GROUP ANNOUNCES LEADERSHIP TRANSITION

For Immediate Release

Vancouver, Canada / London, UK October 2, 2017

BTL GROUP LTD. (TSX Venture: BTL) (“BTL” or the “Company”) announces that Guy Halford-

Thompson, BTL’s co-founder, has stepped down from being CEO of the Company, but remains

a member of BTL’s board, and that Dominic McCann has been appointed Chief Executive

Officer of the Company.

Guy Halford-Thompson, co-founder of BTL said, “I am incredibly proud of what we’ve achieved

at BTL to date, having worked and continuing to work with some of the biggest enterprises in

the world and building the Company into a major player in the blockchain technology space. Our

proprietary blockchain technology, Interbit, is recognized as a transformative enterprise grade

blockchain platform. Dominic brings an unprecedented level of experience to the Company,

which will be critical to BTL’s continued growth. I look forward to working closely with Dominic

and the BTL team, and continuing to contribute to the BTL success story.”

Dominic McCann, who has been Executive Vice-President, Sales and Marketing at BTL since

July 3rd, will be taking on the role of BTL’s CEO with immediate effect. Before joining BTL, Mr.

McCann was at SAS Institute where he led the Western Australian Energy & Financial Services

sector prior to helping establish the SAS Global Oil and Gas Business Unit across Europe, the

Middle East and Africa. Dominic has a technology focused management, sales & consulting

career having previously worked at Accenture, Dell, Morse and mhm Group.

Dominic McCann, CEO of BTL said, “Guy has been instrumental in taking BTL to where it is

today and as the co-founder of the Company he will continue to play an important role in moving

the business forward. I very much look forward to building on the success to date of our core

product Interbit, and leading the development and sales activities as we work to take Interbit to

market.”

“On behalf of the Board I would like to thank Guy for his hard work and dedication to BTL. We

thank Guy for his leadership since the Company’s founding and look forward to his continued

contribution as a Board member,” said Brian Hinchcliffe, Executive Chairman of BTL. “We will

give Dominic all the support required on the financial and market related opportunities that the

Company has in front of itself.”

The Company also announces that Gary Boddington, Chief Revenue Officer has departed the

Company in order to pursue other opportunities that have come available to him. The Board of

Directors of the Company would like to express its gratitude to Mr. Boddington for his contribu-

tions to the Company and wish him well in his future pursuits.

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ABOUT BTL GROUP LTD. AND INTERBIT

Listed on the TSX Venture Exchange (TSX Venture: BTL) and operating from both Canada and

the UK, BTL is an enterprise technology platform provider that is developing Interbit, a

proprietary private blockchain. Via the Interbit platform, BTL can help companies greatly reduce

risks and costs by securely streamlining existing IT infrastructures. To date, BTL has

successfully demonstrated how Interbit can innovate and transform existing business system

processes for leading companies in the finance, energy and gaming sectors.

Interbit is a fast, encrypted and scalable multi-chain technology platform. Via its suite of APIs

and smart contracts, Interbit allows businesses around the world to improve efficiency in trading

and operations, accelerate development of internal systems, and embrace new revenue

generating opportunities, while providing the high levels of security, resilience and auditability

required in regulated enterprise environments.

With offices in Vancouver and Calgary, Canada and London, UK, BTL is positioning itself as a

front-runner in the blockchain ecosystem, partnering with and enabling enterprises on Interbit in

order to improve their existing IT systems.

Website: www.btl.co

Twitter: https://twitter.com/blockchainltd

Videos: https://youtu.be/YFOH0YEHLak and https://youtu.be/V614_0UtHws

For further information about BTL and Interbit please contact:

Angus Campbell, Inquiries

Phone: +44 (0) 20 7100 0850

Email: [email protected]

Brian Hinchcliffe, Executive Chairman

Phone: +1 914 815 2773

Email: [email protected]

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

development of BTL’s business relationships and business, the development and success of

BTL’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 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 BTL’s technologies and products, as well as those risk factors discussed or

referred to in BTL's annual Management's Discussion and Analysis for the year ended

December 31, 2016 available at www.sedar.com, many of which are beyond the control of BTL.

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, BTL disclaims any intention and assumes no

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

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information, future events or otherwise. Additionally, BTL 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.