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Vancouver, BC, Canada, December 20, 2021 – Skychain Technologies Inc. (TSX.V - SCT) (OTCQB - SKTCF) (“Skychain” or the “Company”) is pleased to announce that all motions put forward for approval at its Annual General and Special Meeting held on December 15, 2021 were passed.

Bill Zhang, Don Gordon, Walson Wang, Frederick Jung, Anastasiia Zherbakhanov and Tang Tang were elected to the Company’s board of directors. The Company’s shareholders also re-appointed Manning Elliott LLP as auditors for the coming year, and re-approved the adoption of the Company’s 10% rolling stock option plan. The Company’s disinterested shareholders approved The9 Limited and its subsidiary 1111 Limited as a new control person of the Company.

About Skychain Technologies Inc.
Skychain Technologies Inc. is a Vancouver based company providing Blockchain Infrastructure services and power solutions. To learn more, visit www.skychaintechnologiesinc.com

ON BEHALF OF THE BOARD OF DIRECTORS

Bill Zhang
President and CEO
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Contact: 604-688-5464
bill@skychaintechnologiesinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company’s control.