Blue Rhino Capital Appoints Raphael Danon to Board of Directors

BLUE RHINO CAPITAL CORP.

Suite 507, 837 West Hastings Street

Vancouver, British Columbia, V6C 3N6

NEWS RELEASE

BLUE RHINO CAPITAL APPOINTS RAPHAEL DANON TO BOARD OF DIRECTORS

October 15, 2020 – VANCOUVER, CANADA – Blue Rhino Capital Corp. (TSXV: RHNO.P)

(the “Company”) is pleased to announce that Raphael Danon has been appointed as a director

of the Company. Mr. Danon is a member of the Chartered Professional Accountants of Canada

(previously the Chartered Accountants of Canada), and is a co-founder, director, and managing

director, finance of ClearBlue Markets, a private company providing consulting and advisory

services for carbon markets. Mr. Danon brings senior executive experience in the public

markets, serving as Chief Financial officer of NWT Uranium Corp. and Stratton Capital Corp., as

well as sitting on the Board of Directors for Niger Uranium and Woodbridge Ventures Inc., a

capital pool company (CPC) which recently completed a successful qualifying transaction.

Mr. Danon fills the vacancy created by Rowland Perkins who has resigned as a director of the

Company to focus on other ventures.

About the Company

The Company is a capital pool company (CPC) within the meaning of the policies of the TSX

Venture Exchange that has not commenced commercial operations and has no assets other

than cash. The current directors and officers of t he Company consist of Anton Drescher

(Director, President, Chief Executive Officer and Corporate Secretary), Raphael Danon

(Director), David Cross (Chief Financial Officer) and David Brett (Director). E xcept as

specifically contemplated in the CPC policies of the TSX Venture Exchange, until the completion

of i ts “Qualifying Transaction” (as defined therein), the Company will not carry on business,

other than the identification and evaluation of companies, business or assets with a view to

completing a proposed “Qualifying Transaction”.

For further information please contact:

Anton Drescher

Director, President, Chief Executive Officer and Corporate Secretary

Tel. (604) 685-1017

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS

DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE

ADEQUACY OR ACCURACY OF THIS RELEASE.