Digiliti Money Group Inc. (fka DGLT)

[Bernija1]

Based on the discretionary authority given to Nasdaq under Nasdaq Listing Rules, Nasdaq has given the Company until September 20, 2017 to submit a plan as to how it intends to regain compliance with Nasdaq’s continued listing requirements. The Company’s Board has determined that, while some of the listing disqualifications can be cured promptly, others would require significant capital and resources that it does not have. The Board has also determined that allowing the delisting of the Company from Nasdaq would facilitate financing as well as current M&A and restructuring opportunities, which would be more time consuming and costly to complete while on Nasdaq. As a result, the Board believes that it is in the best interest of the Company to delist from Nasdaq to facilitate its current restructuring plans. If the Company is delisted from Nasdaq, it intends on applying for listing on one of the OTCQB, QX or PK markets once it satisfies the appropriate financial reporting and other listing qualification requirements of such market.