Peterson McVicar Acts for HIVE Blockchain in At-The-Market Equity Program

On September 02, 2022 Hive Blockchain Technologies Ltd. ("HIVE" or the "Company") announced that it has entered into an at-the-market offering agreement (the "ATM Agreement") with H.C. Wainwright & Co. (the "Agent").

Pursuant to the ATM Agreement, the Company may, from time to time, sell up to US$100 million of common shares ("Common Shares") in the capital of the company (the "ATM Equity Program"). 

The Company intends to use the net proceeds of the ATM Equity Program, if any, primarily to support the growth and development of the Company's existing mining operations as well as for working capital and general corporate purposes. 

HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we endeavour to source only green energy to mine on the cloud and generate rewards of both Ethereum and Bitcoin.

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