03:05:14 EDT Sun 17 Oct 2021
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Hive Blockchain Technologies Ltd
Symbol HIVE
Shares Issued 346,433,064
Close 2021-01-27 C$ 2.26
Recent Sedar Documents

Hive Blockchain files final prospectus

2021-01-27 20:07 ET - News Release

Mr. Frank Holmes reports


Hive Blockchain Technologies Ltd. has filed a final base 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 in amounts at prices and on terms based on market conditions at the time of sale and set forth in an accompanying prospectus supplement, having an aggregate offering amount of up to $100-million (U.S.).

Unless otherwise specified in a prospectus supplement, the net proceeds from the sale of securities may be used for general corporate and working capital requirements, for financing continuing operations, to repay indebtedness outstanding from time to time, to complete future acquisitions, or for other corporate purposes. Each prospectus supplement will contain specific information concerning the use of proceeds from that sale of securities. There is no certainty that any securities will be offered or sold under the shelf prospectus within the 25-month period.

Hive has filed amended and restated interim consolidated financial statements for the three and six months ended Sept. 30, 2020, along with a corresponding restated management's discussion and analysis. The restatements were made as the result of management's review of the financial statements during the course of preparing to file the company's shelf prospectus and only affect prior-year comparative figures.

A copy of the final base shelf prospectus can be found on the company's SEDAR profile.

About Hive Blockchain Technologies Ltd.

Hive is a growth-oriented, TSX Venture Exchange-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 that produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. The company's deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of cryptocoins.

We seek Safe Harbor.

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