Blocplay Announces Option Grant

Toronto, Ontario--(Newsfile Corp. - January 8, 2021) -  Blocplay Entertainment Inc. (CSE: PLAY)(the "Company") is pleased to announce it has granted 2,600,000 options to purchase common shares of the Company exercisable at a price of $0.165 per share and expiring on January 8, 2026, to certain directors, officers and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.

For further information, please contact:

Blocplay Entertainment Inc.Tel: 416-361-1913Email: investors.blocplay@gmail.com^[1]

Forward Looking Information

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/71633^[2]