HIVE Blockchain Announces Filing of Final Base Shelf Prospectus
On January 27, 2021 HIVE Blockchain Technologies Ltd. (the “Company” or “HIVE”) announced that it had filed today a final base shelf prospectus (the “Shelf Prospectus”) with the securities regulatory authorities in each of the provinces and territories of Canada.
The Shelf Prospectus will be valid for a 25-month period, during which time the Company may issue common shares, warrants, subscription receipts, units, debt securities, and share purchase contracts (the “Securities”) in amounts at prices and on terms based on market conditions at the time of sale and set forth in an accompanying prospectus supplement (“Prospectus Supplement”), having an aggregate offering amount of up to US$100 million.
HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns state-of-the-art green energy-powered data centre facilities in Canada, Sweden, and Iceland which produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. Our deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins.
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