Communicators

Newnote Financial Corp. Beta Testing Cloud Hashing Service

April 16, 2014 - Vancouver, British Columbia – Newnote Financial Corp. (the “Company”) (CSE: NEU; FSE: 1W4) is pleased to announce the company’s cloud hashing service, “Newnote Miners”, is now in beta testing. Cloud Hashing enables users to engage in the mining of Bitcoin without the need for expensive super computers or technical know-how. Using our powerful ASIC Bitcoin mining equipment, we simplify the mining process so anyone can be mining Bitcoin with a few mouse clicks.

The company has available 10,000 gigahash and plans to grow Newnote Miner to 50,000 gigahash by the end of 2014 and 1,000,000 gigahash (one petahash or 1,000 terahash/s) in 2015. Price per gigahash is variable based on Bitcoin spot price, contract length and risk tolerance. 

“Our custom developed cloud hashing software makes it incredibly easy for everyone to mint new Bitcoins. Users get Bitcoin payments all day, everyday sent directly to their account and can cash out or buy more gigahash’s.  Once a contract has expired, the gigahash’s are made available to be contracted over and over. ”, reports Paul Dickson, President & CEO.

Initial public launch is scheduled for May 1, 2014 followed by various marketing programs.

About Newnote Financial Corp.

Newnote Financial Corp. together with its wholly-owned subsidiary Newnote Networks Inc. has acquired or developed a suite of crypto currency financial products for end-users, businesses and charities aimed at enabling greater ease-of-use in online and in-person payments, enhanced security and privacy for consumers, as well as offering lower cost solutions for businesses in accepting digital payments.

Company Contact Information

Paul Dickson

President, CEO & Director

Newnote Financial Corp.

CSE: NEU; FSE: 1W4

Suite 709-700 West Pender Street

Vancouver, BC V6C 1G8

direct: 604-800-6749

fax: 604-685-3833

web: www.newnote.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.