SPIRIT BLOCKCHAIN CAPITAL APPOINTS JUDY GALVEZ AS CHIEF FINANCIAL OFFICER AND PROVIDES CORPORATE UPDATE

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VANCOUVER, British Columbia, July 29, 2026 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (CSE: SPIR | OTCQB: SBLCF) (“Spirit” or the “Company”) is pleased to announce the appointment of Judy Galvez, CPA, CMA, as Chief Financial Officer, effective immediately.

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Concurrent with Ms. Galvez’s appointment, Raymond O’Neill has transitioned from his role as Interim Chief Financial Officer and will continue to serve as Chairman of the Board.

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Ms. Galvez is a seasoned finance executive with more than 25 years of experience leading finance, governance and regulatory compliance functions across publicly listed companies, international organizations and public accounting. Throughout her career, she has built finance departments, implemented audit-ready internal control frameworks, overseen IFRS financial reporting and supported boards of directors through complex strategic transactions and corporate growth initiatives.

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Most recently, Ms. Galvez served as Chief Financial Officer of Selva Resources Ltd. and previously served as Chief Financial Officer of Spirit Rock Resources Ltd., where she was responsible for financial reporting, securities disclosure, audit committee support, governance and strategic financing initiatives. Earlier in her career, she held senior finance positions with First American Corp., Mosaic Potash Company and Deloitte LLP, developing extensive expertise in public company reporting, SOX-style internal controls, international operations and cross-border financial management.

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Suha Askary, Chief Executive Officer of Spirit, commented:

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“We are delighted to welcome Judy to Spirit’s executive leadership team. Judy brings an exceptional combination of public company finance, governance, regulatory compliance and international operating experience. As we continue executing our long-term strategy, her leadership will further strengthen our financial foundation, enhance our governance practices and support the commercialization of our technology initiatives. We look forward to working together as we continue building long-term value for our shareholders.”

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Judy Galvez, Chief Financial Officer of Spirit, commented:

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“I am excited to join Spirit at such an important stage in its evolution. The Company has an exciting opportunity to build a scalable technology-focused business supported by strong financial discipline and governance. I look forward to working with Suha, the Board of Directors and the management team to execute the Company’s strategic objectives while maintaining the highest standards of financial reporting and corporate governance.”

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Corporate Update

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The Company continues to advance its strategic review of previously announced technology initiatives and is making meaningful progress toward the commercialization of next-generation technology solutions.

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Management’s current focus is on refining the Company’s technology architecture, prioritizing high-value commercial opportunities, and establishing strategic partnerships that support scalable, recurring revenue generation. The Company believes this disciplined approach will strengthen its competitive positioning while aligning future product development with market demand.

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