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Further to its press release of December 19, 2017, HashChain Technology Inc. (TSX VENTURE:KASH) ("HashChain" or the "Company"), is pleased to confirm the syndicate of underwriters for its previously announced bought deal private placement of units (the "Offering"). The syndicate will be co-lead by Eight Capital (as sole bookrunner) and Canaccord Genuity Corp., and will include Beacon Securities Limited, Paradigm Capital Inc., Mackie Research Capital Corporation, PI Financial Corp. and Gravitas Securities Inc. (collectively, the "Underwriters"). As previously announced in the Company's press release of December 19, 2017, pursuant to the Offering, the Underwriters have agreed to purchase 12,381,000 units of the Company (the "Units"), on a "bought deal" private placement basis, subject to all required regulatory approvals, at a price per Unit of $2.10 (the "Offering Price"), for total gross proceeds of approximately $26,000,000 (the "Offering"). Each Unit shall consist of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share at a price of $2.45 for a period of 24 months following the Closing Date.