(Oslo, 27 February 2023) DLTx ASA ("DLTx", OSE: DLTX) announces that the Company
has received at proposed indicative terms received for potential equity funding.

As announced in the recently published Q4 interim financial report, the broad
decline of token prices has severely impacted the financial results of DLTX ASA
("DLTx", the "Company", OSE: DLTX) through 2022, and led to a negative cash flow
from operating activities of approximately USD 5 million during Q4 2022. The
Company's position of cash and cash equivalents at the end of the quarter was
approximately USD 1.5 million, and the Company is therefore assessing various
alternatives to strengthen its financial position.

On this background, DLTx has received a proposal for indicative terms from
Blockchain Moon Acquisition Corp ("BMAQ"), for a potential equity funding of
DLTx with approximately USD 5 million through the issuance of new shares in
DLTx. The proposal is to issue 13,157,895 new shares in the Company at a fixed
price per share of NOK 3.95, corresponding to a premium towards the prevailing
market price of the Company's shares.

A condition for completion of such investment will, among other things, be that
the validity of DLTx's business combination agreement with BMAQ shall be
extended to 21 December 2023, fund-raising amongst the partners and co-sponsors
of BMAQ and agreement on definitive documentation. The satisfaction of these
conditions is currently uncertain, and completion of the investment is therefore
uncertain.

The term sheet provides that the use of proceeds from such investment shall
include a payment to BMAQ of USD 954,000 for extension capital and funding of
BMAQ until completion of the business combination agreement. The net proceeds to
DLTx from such transaction will consequently be approximately USD 4.046 million.

The Company will continue to assess various financing options going forward, and
will provide further information in due course.

For further information, please contact:

Roger Lund, VP Strategy, +47 95 16 11 13


About DLTx | www.dltx.com

DLTx ASA ("DLTx") is a vertically integrated technology company expanding Web 3
capabilities by deploying blockchain infrastructure at scale across major global
industries. The DLTx team is comprised of decentralists who believe in the new
economy that's powered by cryptographic digital assets. The DLTx team has been
at the forefront of developing and launching several of the most important
protocols in the blockchain space including Ethereum, developed the first
blockchain investment fund in 2014, has built out massive scale mining
infrastructure since 2015, and now operates the first publicly traded company
focused on powering Web 3.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Roger Lund, VP Strategy, on 13:17, 27 February
2023.

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