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- Not for Distribution
to U.S. News Wire Services or Dissemination in the United States
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- Zug, Switzerland and Vancouver,
Canada HIVE Blockchain Technologies Ltd. (TSX.V:HIVE)
(the Company or HIVE), the leading publicly
listed blockchain infrastructure company, is pleased to announce
that it has closed the first tranche (First Tranche)
of its previously announced private placement of up to C$115
million (the Offering) co-led by GMP Securities L.P.
and Eventus Capital Corp. and including Haywood Securities Inc.
and PI Financial Corp. (collectively, the Agents).
The First Tranche consisted of a total of 15,873,100 units (the
Units) sold at a price of C$3.15 per Unit for gross
proceeds raised of C$50,000,265.
- Each Unit consists of one common
share (a Share) and one Share purchase warrant (a
Warrant), with each Warrant entitling the holder
to purchase one Share at a price of $3.90 until November 14,
2019. The Shares and the Warrants issued under the First Tranche
are subject to a hold period expiring April 19, 2018. The Company
anticipates that the Warrants will be listed on the TSX Venture
Exchange (the Exchange) shortly after the hold period
expires, subject to meeting the conditions in Exchange approval.
In connection with the First Tranche, the Agents received a cash
commission equal to 6% of the gross proceeds raised in the First
Tranche.
- The final closing of the Offering
of up to an additional of $65 million (the Final Tranche)
is expected to be December 29, 2017. Closing of the Final Tranche
is subject to certain conditions typical for a transaction of
this nature and the receipt of all necessary regulatory approvals,
including the approval of the Exchange.
- The net proceeds of the Offering
are expected to be used to fund the completion of the Sweden
Bitcoin Data Centre and the Phase 3 Expansion at the Sweden GPU
Data Centre (as described in the Companys December 13,
2017 news release), and for general working capital purposes.
- About HIVE Blockchain
Technologies Ltd..
- HIVE Blockchain Technologies Ltd.
is a growth oriented, TSX.V-listed company building a bridge
from the blockchain sector to traditional capital markets. HIVE
is strategically partnered with Genesis Mining Ltd. to build
the next generation of blockchain infrastructure. HIVE owns state-of-the-art
GPU-based digital currency mining facilities in Iceland, which
produce newly minted virgin digital currency like Ethereum around
the clock, and is in the midst of a major expansion of operations
into Sweden.
- For more information and to register
to HIVEs mailing list, please visit www.HIVEblockchain.com.
Follow @HIVEblockchain on Twitter and subscribe to HIVEs
YouTube channel. On Behalf Of HIVE Blockchain Technologies Ltd.
- "Harry Pokrandt" - President, CEO and Director -
For further information please contact: Harry Pokrandt - Tel:
(604) 609-6110
- Blockchain is Eating
Wall Street | Alex Tapscott | TEDxSanFrancisco
https://www.youtube.com/watch?v=WnEYakUxsHU
Understand the
Blockchain in Two Minutes
19 Industries The Blockchain Will Disrupt Banking, Cyber Security,
Supply Chain Management, Forecasting, Networking Internet, Insurance,
Private Transport ride sharing, Cloud Storage, Charity, voting,
Government, Public Benefit Basic Income, Healthcare, Energy Management,
Online Music, Retail, Real Estate, Crowd Funding, Your Industry
- https://www.youtube.com/watch?v=G3psxs3gyf8
890,360 views - https://www.youtube.com/watch?v=r43LhSUUGTQ
- How does a Blockchain
Work - Simply Explained
- https://www.youtube.com/watch?v=SSo_EIwHSd4
- Central Banks, World
Elite Using AI to Takeover Bitcoin, Blockchain & World Finance.
Scary Truth!
September 19, 2017 - The Central Bank's scheme to takeover the
entire future of world finance is through blockchain. Why is
nobody talking about this? Bleeding Edge Digital looks at the
future of cryptocurrency, social payment systems, and the Central
Banks involvement.
https://www.youtube.com/watch?v=RJZwBV_6BHc
Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in policies of the TSX Venture Exchange) Accepts Responsibility
for the Adequacy or Accuracy of this News Release.
- Forward-Looking Information
- Except for the statements of historical
fact, this news release contains forward-looking information
within the meaning of the applicable Canadian securities legislation
that is based on expectations, estimates and projections as at
the date of this news release. Forward-looking information
in this news release includes information about the expansion
of the Companys digital currency mining operations in Sweden
(including into Bitcoin and Bitcoin Cash mining); the quantum
and closing of the second tranche of the Offering; the business
goals and objectives of the Company, and other forward-looking
information includes but is not limited to information concerning
the intentions, plans and future actions of the parties to the
transactions described herein and the terms thereon.
- Factors that could cause actual
results to differ materially from those described in such forward-looking
information include, but are not limited to, the expansion of
digital currency mining operations in Sweden (including construction
of planned facilities) may not occur as currently planned, or
at all; the second tranche of the Offering may not close on the
terms and timing anticipated, or at all; the Exchange may not
approve the transactions the Company has applied for; the quantum
of computational power and electrical consumption expected by
the Company in Sweden may not materialize as currently anticipated,
or at all; the digital currency market; the Companys ability
to successfully mine digital currency; a decline in digital currency
prices may have a significant negative impact on the Companys
operations; the volatility of digital currency prices; and other
related risks as more fully set out in the Filing Statement of
the Company dated September 13, 2017.
- The forward-looking information
in this news release reflects the current expectations, assumptions
and/or beliefs of the Company based on information currently
available to the Company. In connection with the forward-looking
information contained in this news release, the Company has made
assumptions about the Companys ability to complete of its
expansion of digital currency operations in Sweden; the Companys
ability to close the second tranche of the Offering, including
obtaining Exchange approval; Genesis participation in the
Offering; the Companys ongoing partnership with Genesis;
historical prices of digital currencies and the ability of the
Company to mine digital currencies will be consistent with historical
prices; and there will be no regulation or law that will prevent
the Company from operating its business.
- The Company has also assumed that
no significant events occur outside of the Company's normal course
of business. Although the Company believes that the assumptions
inherent in the forward-looking information are reasonable, forward-looking
information is not a guarantee of future performance and accordingly
undue reliance should not be put on such information due to the
inherent uncertainty therein. Any forward-looking information
speaks only as of the date on which it is made and, except as
may be required by applicable securities laws, the Company disclaims
any intent or obligation to update any forward-looking information,
whether as a result of new information, future events or results
or otherwise.
- HIVE BLOCKCHAIN TECHNOLOGY
https://youtu.be/Xopr48LH7RM
- RFID, BLOCKCHAIN, AI,
BITCOIN - THE TRUTH WILL SHOCK YOU!
https://www.youtube.com/watch?v=W7nt5FynDw8
Top Crypto Mining
Executive Explains Why Were Hoarding The Coins
- Mac Slavo - December
10, 2017 - SHTFplan.com - If
the price action in crypto currencies over the last several months
has proven anything, its that the blockchain has gone fully
mainstream with global investors, major financial institutions
and governments showing significant interest in the space. While
a number of blockchain projects are moving onto the stage, the
primary focus for investors has been Bitcoin, which has seen
an increase of over 1,600% in 2017. And according to Frank Holmes,
there is much more to come.
- In an interview with SGT Report,
Holmes, the Chairman of Hive Blockchain Technologies, the worlds
only publicly traded blockchain mining company explains that,
while roughly 78% of the available 21 million Bitcoins, or about
16.4 million, have been mined up to this point, there are probably
only about 10 million coins in actual circulation around the
world because somewhere on the order of 25% have been lost forever
due to misplaced wallet access keys and other issues. Moreover,
of those 10 million or so available coins, it has been widely
reported that about 1000 whales, or high net worth
investors, own some 40% of the coins, creating a scarcity in
the market that has left millions of global investors chasing
a limited supply of BTC.
- http://www.shtfplan.com/headline-news/top-crypto-mining-executive-explains-why-were-
- hoarding-the-coins_12102017
- Its Not
A Bubble
Its A Mass Adoption Says Blockchain
Mining Chairman
- December 21, 2017 - With cryptocurrencies like Bitcoin and
Ethereum having seen exponential price increases throughout 2017
its easy to suggest the entire crypto space is in an epic
bubble. And while in the short-term this may be true with wild
price springs occurring on a regular basis, what 2017 has proven
is that more and more individuals and institutions around the
world are getting interested. In fact, so much so that Coinbase,
one of the most popular crypto currency exchanges in the United
States, saw more client accounts created in three years than
brokerage firm Charles Schwab has seen in thirty.
- This, according to Hive Blockchain
Technologies [https://www.hiveblockchain.com/] Chairman Frank Holmes in a recent interview
with Future Money Trends [https://www.hiveblockchain.com/news/
- hive-blockchain-closes-50-million-first-tranche-of-financing/] , is indicative not of a bubble, but
rather, a mass adoption. Holmes notes that proof of this adoption
comes from the fact that Genesis Mining, one of the largest global
blockchain mining leasing firms, recently ran out of mining server
space in their massive facility. As well, there is incredible
demand as evidenced by Coinbase and other exchanges, especially
now that millennials see blockchain as the future of the internet.
- There is no doubt that blockchain
technologies will continue to move forward and revolutionize
everything from digital payments systems to communications security.
And though price movements of some crypto assets may look like
a bubble, consider that only a small percentage of the global
population has gotten involved from an investment standpoint.
Some estimates suggest that the current $600 billion or so total
market cap of all cryptocurrencies combined will soon be dwarfed
by the trillions of dollars expected to move into the space.
In this case, early adopters of successful blockchain technologies
will continue to see exponential gains as the market expands.
- http://www.shtfplan.com/headline-news/its-not-a-bubble-its-a-mass-adoption-says-
- blockchain-mining-chairman_12212017
HIVE Blockchain
Technology
https://youtu.be/Xopr48LH7RM
- How Blockchain Will
Produce Self-Aware AI
December 12, 2017 -
https://www.youtube.com/watch?v=if51LaPk4TM
- JASON GOODMAN AND QUINN
MICHAELS: SAY NO TO STEEMIT
- Published on Jan 17, 2018 - Jason
Goodman and Quinn Michaels delve into the dangers of Steemit,
character assassination, and the need for AI bot police patrolling
the blockchain. https://www.youtube.com/watch?v=4CEiUvIlxAc
- Blockchain: the DNA
of the Mark of the Beast, Artificial Intelligence
Nov 6, 2017 - https://www.youtube.com/watch?v=hmvLI8KaGXo
- APPLE IS GETTING EVERYONE
PREPARED FOR IT.....
https://www.youtube.com/watch?v=s4BKdmMUxy8
- [Satan pays well: Apple CEO Tim
Cook Earned $102 Million in 2017
- December 27, 2017 PST by Juli
Clover - In fiscal 2017, Apple CEO Tim Cook received a salary
of $3.06 million plus $9.33 million in bonuses and stock worth
$89.2 million for a total compensation package of approximately
$102 million, reports Bloomberg. The data was shared today by
Apple in a proxy statement filed with the United States Securities
and Exchange Commission ahead of the company's annual shareholders
meeting, which will take place on February 13, 2018.
- https://www.macrumors.com/2017/12/27/apple-ceo-tim-cook-102-million/
- The Bible Says this
is Exactly how it Would Look Before the End (2017-2018) 386,940
views https://www.youtube.com/watch?v=hWe62uHpikY
- Disclaimer: The views
expressed in this article are the sole responsibility of the
author. If you have a problem with the correctness of the information,
please contact the author.
(In accordance with Title
17 U.S.C. Section 107, this material is distributed without profit
to those who have expressed a prior interest in receiving the
included information for research and educational purposes.)
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