DigiMax Launches CryptoHawk AI Mobile App on Apple and Google App Stores

DIGIMAX GLOBAL INC. (the “Company” or “DigiMax”) (CSE:DIGI) is pleased to announce that it has launched its new mobile app version of CryptoHawk AI on Apple and Google App stores around the globe.

CryptoHawk AI is one of the most comprehensive crypto investing insight tools available in the market today. Bringing free access to this insight means that anyone on the planet can access Artificial Intelligence to help them make better investing decisions – and the AI insights can be used for free.

CryptoHawk AI provides three sets of trading insights providing benefits to virtually any type of trader or investor that includes:

– LONG-SHORT – provides buy and sell recommendations hourly for BTC and ETH
– TREND WATCH – provides swing-trade buy and sell opportunities over a multi-week basis for 10 larger market cap cryptocurrencies
– ALTCOIN RADAR – assesses unusual volume and sentiment activity toward up to 200 coins that are below the top 100 market cap coins and alerts traders when this occurs.

Following a soft launch last week, CryptoHawk AI is so far enjoying a 4.9 and 5.0 rating on Apple and Google App stores, respectively, with more than 100 positive ratings and reviews combined.

A sample of the reviews includes the following comments:

– “Can’t believe this is free. The calls are great for alt coins.”
– “If you are looking to learn more about crypto this app is a great tool to help you be on the RIGHT side of the swing!”
– “Best Crypto App!!!! CryptoHawk AI is all you need to trade crypto.”
– “Fantastic!! App works amazing. So much better than using web browser on mobile. AI tech works great and helps with all my crypto trading.”

CryptoHawk AI is available on Apple App Store and Google Play or through the web at www.cryptohawk.ai

The App is now available in three versions: Freemium, Smart Plan, and Pro Plan.

With the mobile application launch, anyone can access the CryptoHawk AI “FREEMIUM” version either through their web browser or through the mobile apps and sign up to navigate through the App for free. The users are now able to see our most recent predictions in real-time.

The SMART PLAN, at a base price of $29.99 per month on either web or mobile, will allow users to get text, email, or in-app notifications of any of the three predictive sets that CryptoHawk AI provides, including Long-Short for Bitcoin and Ethereum, Trend-Watch for 10 other currencies, and Altcoin Radar showing early warning of smaller market-cap coins that AI indicates are ready for big moves.

The PRO PLAN, at a base price of $99.99 per month, will also be available and will include Long-Short threshold alerts either on the web or mobile, additional analysis tools on the web, and access to legacy data allowing individuals to evaluate their own trends and trading algorithms.

Further, the AI supporting the Long-Short predictions has been updated to include additional database correlations and input, which has decreased the number of such calls and also increased the accuracy and timing.

“CryptoHawk AI is a game-changer that elevates cryptocurrency investing opportunities to a larger population,” says DigiMax CTO Thierry Hubert. “Whether cryptocurrency prices are rising or falling, using artificial intelligence assists any investor in confirming their own theories, or developing new trading strategies. Artificial intelligence will continue to produce a less biased and more accurate set of trading data indicators than an individual can do on their own, or simply by using technical analysis.”

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data, and Cryptocurrency technology. To learn more, visit our website: https://digimaxglobal.com/

Contact: (833) – DIGIMAX (833-344-4629)

Thierry Hubert
Chief Technology Officer
(833) 344-4629 x701
thubert@digimax-global.com

Chris Carl
President & CEO
(833) 344-4629 x700
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements

NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains “forward-looking statements.” Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the Company’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. There is no assurance that the purchase of MADA will be completed upon the terms stated above or at all or that the Company will be able to successfully enforce payment of amounts advanced by it under the Note in the event of a default thereunder.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

DigiMax Launches ESG AI Division; Invests into Green Energy Solutions Company MADA Analytics

DIGIMAX GLOBAL INC. (the “Company” or “DigiMax”) (CSE:DIGI) is excited to announce it is launching an ESG Solutions Division within the Company. This Division will concentrate on using Artificial Intelligence and Predictive Analytics to close multiple gaps in the ESG (Environmental, Social and Governance) investment space that will help investors make better investment decisions and also help developers lower their cost of capital.

DigiMax has identified opportunities to immediately provide these solutions to:
1) Green energy development and operations;
2) Tracking and predicting carbon credit arbitrage and trading opportunities around the globe; and
3) Monitoring and evaluating ESG opportunities and trends on behalf of large investors to analyze appropriate investment opportunities.

As a first step in launching this new Division, DigiMax is investing US$250,000 into MADA Analytics (“MADA”) by way of an unsecured, convertible note (the “Note”). The Note provides for interest on the principal amount at the rate of 5% per annum and is convertible into common shares of MADA at a price per share equal to US$5 million divided by the total number of outstanding common shares immediately prior to maturity.

DigiMax is also acquiring the right for up to one year, pursuant to an option agreement with MADA and its shareholders (the “Option Agreement”), to acquire 100% ownership of the outstanding shares of MADA. The Option Agreement specifies certain operational milestones to be achieved by MADA prior to the exercise of the purchase option (the “Milestones”). The Milestones are: i) MADA raising a minimum of US$750,000 pursuant to one or more financings (not including the current DigiMax investment); and ii) MADA entering into customer contracts to generate minimum revenues of EUR1 million during the 2-year term of the contracts, both of which must occur within six (6) months of the Digimax investment.

The purchase price (the “Purchase Price”) under the Option Agreement shall be either: i) an enterprise value of $5 million once the Milestones are achieved; or ii) otherwise, not less than 80% of the valuation reached by an independent valuator or valuators selected by MADA and the Company. It is anticipated that consideration for the purchase will be comprised of approximately 25% cash and the balance in common shares issued by the company priced at the time the purchase is to be completed.

A Share Purchase Agreement is intended to be completed and attached to the Option Agreement within 45 days and shall contain customary terms and provisions, including, completion of due diligence and the receipt of all necessary third party and Exchange approvals. While the parties are equally motivated to see the Option Agreement exercised as quickly as possible, there can be no absolute assurance that the MADA acquisition will be completed exactly as described, or at all.

MADA was created in 2018 in order to provide a smoother way for renewable energy projects to get funded faster and at a lower cost of capital than ever before available. MADA accomplishes this through its MADA Energy Processing Solution or “MEPS.”

MEPS is a unique AI engine (integrated via API) enabling existing and proposed renewable energy products to predict and prove:
– stable and predictable cash flows
– data-driven performance insurance for project finance
– identifying the most cost-effective financing solutions
– optimization of storage systems, financial models, and enhanced project finance returns for investors

MEPS can be licensed for use by project developers, project finance insurance companies, and engineering companies to assess existing and proposed projects and to determine optimal targeting of multiples of project variables.

MEPS has already formed partnership alliances with several leading global industry participants, including:
– RINA Engineering
– Schneider Electric
– Barclays Bank
– Milliman, global insurance advisors
– Morgan Stanley Impact Fund
– Artesian Venture Partners
– BRINC Investments

The first MADA product offering is MARICube which MADA and RINA have jointly developed. MARICube is a comprehensive, AI-driven project analysis solution that combines weather, geographical, political, and financial variables to improve projects. New renewable energy projects are expensive to finance due to the high level of uncertainty of final output. MARICube drastically lowers the level of uncertainty, making projects less expensive to finance, and therefore providing higher returns to investors and the local communities served by these projects. MARICube also helps existing projects optimize dozens of operating variables to substantially lower operating costs and maximize output.

MADA has generated hundreds of thousands of dollars in initial revenue from its software product solution and services to date. This number is poised to grow significantly as enhanced AI is added to MEPS. DigiMax, with its existing AI engine with team and infrastructure to support it, provides a perfect complement to MADA. Together, the two companies will substantially accelerate the MADA product offering.

“We believe that MADA is a perfect partner for DigiMax as we can provide the AI expertise that they require to take their already amazing product offering to the next level,” says DigiMax CEO Chris Carl. “DigiMax sees this as a substantial recurring revenue business that provides optimization and cost-saving solution to EVERY renewable energy project on the planet in an industry that consists of several $trillion of installed projects globally and $300-500 billion of new projects being funded annually. If MARICube can provide even a 5% funding cost reduction or a 2% operating cost reduction to these projects, the value delivered to industry participants is enormous.”

“We are excited to partner with DigiMax to help the MADA product solution become a leading optimization tool in the industry, focused on maximizing profits for renewable energy by de-risking projects with performance insurance, optimizing energy management, and quantifying CO2 reduction from renewable energy supplied,” says MADA CEO Daniel Gimpel. “The engineering and project finance skillsets inside of DigiMax can help both our companies become a leading global brand name for both developers and investors to assist in making their renewable energy projects the best that they can be. Together with our other global partners, MADA Analytics can bring its solutions to every continent on the globe.”

About DigiMax

DigiMax is an Artificial Intelligence technology Company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:
Thierry Hubert
Chief Technology Officer
214-713-8014
thubert@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements

NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains “forward-looking statements.” Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the Company’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. There is no assurance that the purchase of MADA will be completed upon the terms stated above or at all or that the Company will be able to successfully enforce payment of amounts advanced by it under the Note in the event of a default thereunder.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.






Topic: Press release summary

DigiMax Announces Partnership between BearClaw Esports and CryptoHawk AI

DIGIMAX GLOBAL INC. (the “Company” or “DigiMax”) (CSE:DIGI) is excited to announced it is combining forces with BearClaw Esports to allow its community of streaming gamers and Esports followers to access CryptoHawk AI products and information. Esports gamers are well known for their affiliation with cryptocurrencies, with many gamers also using their computer hardware to mine and trade a wide variety of cryptocurrencies.

At $180 billion and growing by 20% in 2020(1), the video game category is now bigger than sports and movie revenue combined. Further, the platforms that people use for gaming is resulting in more connectedness and scale of participants than ever before. Gamers and crypto traders have a great deal in common and most do both already and often on the same machines as more and more gamers are converting their gaming machines into miners in their spare time.

BearClaw attracts more than 200,000 gamers and viewers per month through a variety of events that includes but is not limited to:

BearClaw Streamers – 15,000 Daily – https://www.twitch.tv/team/bearclawgaming
Challenger Circuit Pro – 100,000 Semi-Monthly – https://www.twitch.tv/playapex
Brazil Open – 10,000 Saturdays – https://www.youtube.com/c/PUBGMOBILEBrasil
GLL Cup – 1000,000 Semi-Weekly – https://www.twitch.tv/gllapex

Other events include Call of Duty and VCT Game Changer tournaments each attracting more than 100,000 users.

The integration of the gaming community with CryptoHawk AI is expected to bring several benefits, including:
– Allowing the BearClaw community subscription access to CryptoHawk AI for their personal use in trading various cryptocurrencies.
– Allowing those same users to benefit through the CryptoHawk AI affiliate program where they can earn credits against subscription fees by referring other new subscribers;
– Adding the gaming community to the CryptoHawk AI predictions solution, which adds a considerable diverse expansion to the user-base; and
– Aligning the BearClaw community with the growing DigiMax partnership community

The addition of BearClaw adds an exciting element to the growing depth of assets and partnerships surrounding the DigiMax Investment and Trading tools supported by DigiMax Artificial Intelligence.

“The technological savviness and leadership of the gaming industry, and its community, have always been in the forefront of innovation and AI. This is why this partnership and outreach with BearClaw Esports brings a frictionless and non-disruptive adoption to a growing generation that desires and monetizes from technological advancement,” said Thierry Hubert, CTO of DigiMax.

“The gaming and Esports community is no stranger to finding new ways to leverage its passion,” said Harley Parks, CEO of BearClaw. “Many of us have been using our gaming computers to mine bitcoins and build and trade virtual assets, understand the value of NFTs in our metaverse and run worldwide and local competitions offering significant and sustainable rewards. We turn our gaming time into streaming events where followers and sponsors finance our time and lifestyle. Our partnership with DigiMax is a perfect fit and a timely addition to our community.”

(1) on.mktw.net/2ZSC3DP

About BearClaw

BearClaw Esports is a professional Esports organization that organizes and facilitates gaming and entertainment around the world through streaming events and Esports events with a complimentary local feel so that everyone is included. Its mission is to promote the gaming and Esports industry development for gamers, encourage Gen Z players to pursue their interests, inspire creativity, and promote diversity. Based originally in Korea, BearClaw has members all around the world.

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:

David Bhumgara
Chief Financial Officer
416-574-4603
dbhumgara@digimaxglobal.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements

NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains “forward-looking statements”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the Company’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

DigiMax to Launch CommodityHawk — AI Driven Commodity Price Trend Prediction Tool for Institutional Investors

DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is pleased to announce it has entered an agreement with Delphi AI Systems Inc (“AI”) to utilize their previously developed, and currently enhanced artificial intelligence tools to track 10 separate commodities to predict price direction.

In a service that is similar to the CryptoHawk Price Trend Watch, CommodityHawk will be offered to institutional traders and commodity producers seeking to hedge inventory positions or profit from trading. The service will be available before the end of 2021 and will be priced at $US 1,000 per month for 4 commodities and $500 per month for each additional commodity up to a maximum of $3,500 per month. Since direct trials commenced at the beginning of 2021, CommodityHawk has demonstrated an ability to beat buy-and-hold strategies by a significant margin. Accordingly, this prediction tool provides an excellent return on the monthly cost for anyone trading $100,000 or more on average.

Commodity Hawk will be 100% owned by DigiMax but affiliate fees of up to 20% will be shared with Delphi dependent on the number of users they attract to the service. Both DigiMax and Delphi will use their growing global investor channels to share this highly valuable service with users.

DigiMax and Delphi will also commence work immediately on creating sister hedge funds (trading will be simultaneous in each) domiciled in Cayman Islands and in the US. The Cayman fund will likely be available first as it will be registered as a related fund to its Crypto Hedge Fund whereas the US fund will require new registration. At least one of the funds is expected to be operational on or before the end of 2021. These funds will be owned on an equal basis between Delphi and DigiMax and will be enabled to trade all commodities on behalf of unit holders of the fund.

About Delphi

Delphi Analytics is a decade-old technology company that utilizes a variety of data analytics, models and machine learning to generate algorithms to increase predictability and outcomes in trading and corporate financial risk management. Delphi constructs proprietary algorithms and indices (termed AiCi’s = Artificial Intelligence Confidence Indices) as well as develops AiCi’s for specific/custom use.

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:

Damon Stone
Fund Investor Communications
647-465-0148
dstone@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.


Topic: Press release summary

DigiMax Funds SPC Has Been Confirmed by Cayman Islands Monetary Authority

DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence (AI) and cryptocurrency technology solutions, is pleased to announce that it has received confirmation from the Cayman Islands Monetary Authority (CIMA) to operate one or more segregated funds domiciled in the Cayman Islands under registration number 1900360 (the “Fund”).

As originally announced on April 19, 2021, the Fund will provide a fully systematic long/short active investment into a basket of cryptocurrencies capitalizing on crypto volatility and powered by proprietary trading algorithms. The Fund will, on a simultaneous basis with its subscribers, utilize the CryptoHawk prediction engine, to continuously spot relevant patterns, make decisions and generate accurate price trend change predictions. With this Fund, DigiMax aims to offer alternative investments to high net-worth individuals, institutions, and family offices in a bid to allow such investors to protect their investment portfolios from market volatility, while generating positive returns regardless of market sentiments and direction.

The fund is open to investors from around the world but it may not be marketed in some jurisdictions including the United States. Minimum investment size into the Fund is US$100,000.

The fund is served by a group of first-class, highly experienced third-party service providers that includes:

Investment Manager: Seneca House Fund Management
Administrator: Sudrania Fund Services Corp.
Auditors: KPMG
Legal Counsel: Forbes Hare Pte. Ltd.
Custodian: SFOX Inc.
Prime Broker: SFOX International Ltd.
Depository Bank: DMS Bank & Trust Ltd.

“This actively managed Fund provides an excellent opportunity for larger investors to gain exposure to cryptocurrencies in their portfolios. Through the use of CryptoHawk and DigiMax artificial intelligence capabilities, investors can profit from high volatility all while reducing risk and volatility in their own portfolio,” said Seneca House CEO Miltiades Caldis.

Seneca House is the registered Portfolio Manager and owns 20% of the Fund with DigiMax owning the remaining 80%. DigiMax has reserved an option for 18 months to acquire an additional 15% of the Fund for the higher of US$1 million or 2% of Assets Under Management from Seneca House.

“Given the results we have seen from CryptoHawk since it was introduced on June 1, 2021, we believe this Crypto Hedge Fund will provide a perfect solution for large investors, family offices and institutions who want to have crypto holdings in their own portfolios,” said DigiMax CEO Chris Carl. “Many of these investors have stayed away from investing in cryptocurrencies due to their high volatility. This Fund provides the perfect solution to this quandary by capturing profits from the high volatility in both up and down momentum markets and returning a more steady, non-volatile monthly return to investors.”

Fund documents can be obtained by contacting:

Seneca House Fund Management
3rd Floor, Zephyr House
122 Mary Street
George Town, Grand Cayman
Cayman Islands
Attn: Miltiades Caldis
Miltiades@senecahousefm.com

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:
Damon Stone
Fund Investor Communications
647-465-0148
dstone@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements

This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.