On March 28, 2019 Digihost International, Inc. (“Digihost” or the “Company”) announced that it had entered into an agreement (the “Definitive Agreement”) with HashChain Technology Inc. (“HashChain”) whereby the business and assets of HashChain and Digihost will be combined by way of a share exchange between HashChain and shareholders of Digihost, constituting a “reverse-takeover” of HashChain by Digihost under the policies of the TSX Venture Exchange  (the “Proposed Transaction”).

Concurrent with the closing of the Proposed Transaction, it is anticipated Digihost will complete acquisitions pursuant to asset purchase and assignment agreements with Bit.Management LLC (“Bit.Management”), Bit Mining International LLC and NYAM LLC, to acquire hosting infrastructure and equipment, assume a lease agreement for two warehouses used for cryptocurrency mining operations located in Buffalo, NY, and assume a power contract for the supply of electricity for cryptocurrency operations at the Buffalo warehouses.

Digihost is a private company focused on providing cryptocurrency hosting services to cryptocurrency miners.

Peterson McVicar acted for Digihost International, Inc. with a team that included Dennis Peterson, Jonathan Clark and DomenicD’Argento.