HIVE Blockchain Announces $30 Million Bought Overeenkomst Financing and Launches 2nd Phase Expansion ter Sweden

HIVE Blockchain Announces $30 Million Bought Deal Financing and Launches Second Phase Expansion in Sweden

US $22 Million Sweden Expansion to Grow HIVE’s Cryptocurrency Mining Capacity by overheen 60%

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 25, 2018) –

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION Ter THE UNITED STATES

HIVE Blockchain Technologies Ltd. (TSX VENTURE:HIVE) (the “Company” or “HIVE”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought overeenkomst fundament, Ten,715,000 units of the Company (the “Units”) at a price of C$Two.80 vanaf Unit (the “Suggesting Price”), for aggregate gross proceeds of C$30,002,000 (the “Bought Overeenkomst”). Continue reading HIVE Blockchain Announces $30 Million Bought Overeenkomst Financing and Launches 2nd Phase Expansion ter Sweden