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This press release makes up a “marked press release” for the objectives of the Firm’s program supplement dated February 2, 2021 to its brief type base rack program dated January 27, 2021.
VANCOUVER, BC/ ACCESSWIRE/ August 4, 2021/ HIVE Blockchain Technologies Ltd. (TSXV: HIVE)( NASDAQ: HVBT)( FSE: HBF) (the “ Firm” or “ HIVE“) reveals that it has actually, as asked for by HIVE monitoring, been approved a monitoring stop profession order (the “ MCTO“) by the British Columbia Stocks Compensation (the “ BCSC“). This indicates that throughout the MCTO the supply will certainly stay trading while monitoring functions faithfully to finish the audit of its yearly monetary declarations. The supervisors and also monitoring, consisting of the Chief Executive Officer and also CFO, of HIVE will certainly not have the ability to trade shares throughout this duration. As formerly introduced on July 29, 2021 the application for the MCTO was made as a result of a hold-up in the prep work and also declaring of its monetary declarations and also going along with monitoring’s conversation and also evaluation for the fiscal year finished March 31, 2021 (jointly, the “Yearly Filings”).
Concerning HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Ltd. went public in 2017 as the initial cryptocurrency mining business with an environment-friendly power and also ESG approach.
HIVE is a growth-oriented innovation supply in the emerging blockchain market. As a business whose shares trade on a significant stock market, we are constructing a bridge in between the electronic money and also blockchain field and also standard resources markets. HIVE possesses advanced, environment-friendly energy-powered information centre centers in Canada, Sweden, and also Iceland, where we resource just environment-friendly power to extract on the cloud and also HODL both Ethereum and also Bitcoin. Given that the start of 2021, HIVE has actually kept in safe storage space most of its ETH and also BTC coin mining benefits. Our shares offer financiers with direct exposure to the operating margins of electronic money mining, along with a profile of cryptocurrencies such as ETH and also BTC. Due to the fact that HIVE likewise possesses tough possessions such as information facilities and also progressed multi-use web servers, our team believe our shares use financiers an appealing method to get direct exposure to the cryptocurrency room. HIVE traded over 2 billion shares in 2020.
We motivate you to go to HIVE’s YouTube network here to get more information concerning HIVE.
In Support Of HIVE Blockchain Technologies Ltd.
” Frank Holmes”
For additional info please get in touch with:
Tel: (604) 664-1078
Neither the TSX Endeavor Exchange neither its Policy Provider Supplier (as that term is specified in plans of the TSX Endeavor Exchange) approves duty for the competence or precision of this press release
With the exception of the declarations of historic truth, this press release consists of “positive info” within the definition of the relevant Canadian safeties regulation that is based upon assumptions, quotes and also estimates as at the day of this press release. “Progressive info” in this press release consists of, yet is not restricted to, declarations concerning the timing, testimonial, conclusion and also declaring of the Yearly Filings, and also period of the MCTO; company objectives and also goals of the Firm, and also various other positive info worrying the objectives, strategies and also future activities of the events to the deals explained here and also the terms thereon.
Elements that can create real outcomes to vary materially from those explained in such positive info consist of, yet are not restricted to, the Firm might not finish its audit and also submit the Yearly Filings as presently prepared for, or in all; the Firm will certainly undergo a basic stop profession order in case the Yearly Filings are not finished and also submitted; and also various other associated dangers as even more totally laid out in the enrollment declaration of the Firm and also various other records divulged under the Firm’s filings at www.sec.gov/EDGAR and also www.sedar.com.
The positive info in this press release mirrors the existing assumptions, presumptions and/or ideas of the Firm based upon info presently offered to the Firm. About the positive info included in this press release, the Firm has actually made presumptions concerning the Firm’s capacity to finish and also submit the Yearly Filings. The Firm has actually likewise presumed that no considerable occasions take place beyond the Firm’s typical program of company. Although the Firm thinks that the presumptions intrinsic in the positive info are practical, positive info is not an assurance of future efficiency and also appropriately excessive dependence must not be placed on such info as a result of the intrinsic unpredictability therein.
RESOURCE: HIVE Blockchain Technologies Ltd.
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