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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd. is a Canada-based cryptocurrency mining company that focus on sustainable green energy. The Company is engaged in building a bridge between the digital currency and blockchain sector and traditional capital markets. It owns and operates predominantly green energy powered data center facilities in Canada, Sweden, and Iceland. It also owns hard assets such as data centers and advanced multi-use servers. It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). Its GPU fleet includes 4,000+ NVIDIA A40s w/ 48 GB RAM, 400+ NVIDIA RTX A6000s w/ 48 GB RAM, 12,000+ NVIDIA RTX A5000s w/ 24 GB RAM and 20,000+ NVIDIA RTX A4000s w/ 16 GB RAM. The Company, through its subsidiary HIVE Performance Computing Ltd., is building HIVE Cloud, an enterprise-grade GPU Cloud service for demanding applications including AI training and inference. It operates over 100 MW of data centers in Canada and 46 MW in Iceland and Sweden.


TSXV:HIVE - Post by User

Post by Pucci1989on Dec 05, 2018 4:51pm
108 Views
Post# 29071799

Hive : Property-Asset or Share Purchase Amending Agreement

Hive : Property-Asset or Share Purchase Amending Agreement

https://www.newswire.ca/news-releases/tsx-venture-exchange-stock-maintenance-bulletins-702007632.html

HIVE BLOCKCHAIN TECHNOLOGIES LTD.
 ("HIVE")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement 
BULLETIN DATE:  December 5, 2018
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing an amendment to Purchase Order #6 (amendment #1 and amendment #2, together, the "Amendments") related to the Sweden Bitcoin Letter Agreement dated December 13, 2017 between the Company and Genesis Mining Ltd. ("Genesis") previously approved by the Exchange on January 4, 2018.  There is no consideration being exchanged for the Amendments.

The transaction is a Non-arm's length transaction as Genesis is a Control Person of the Company.  There are no finder's fees.

For further information, please refer to the Company's news releases dated August 15, 2018November 20, 2018 and November 30, 2018.

________________________________________

HUT 8 MINING CORP. ("HUT")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 5, 2018
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the master data center purchase agreement dated November 29, 2017between the Company and Bitfury Holding BV, a Netherlands company ("Bitfury"), a purchase order number 5 dated July 30, 2018 between the Company and Bitfury, and a credit agreement dated September 10, 2018 between the Company and Galaxy Digital Lending LLC, a subsidiary of Galaxy Digital Holdings Ltd. (TSXV:GLXY), (collectively, the "Agreements"), pursuant to which the Company has purchased an additional 16 BlockBox datacenters for total consideration of US$16 million.  The consideration is comprised of (i) US$9,920,000 in cash; and, (ii) US$6,080,000 or 2,133,858 common shares of the Company. 

The transaction is a Non-arm's length transaction as Bitfury is an Insider and a Control Person of the Company by virtue of its shareholdings. 

For further details, please refer to the Company's news releases dated September 7, 2018.

 

Insider / Pro Group Participation: Y

       
 

Insider=Y /

   

Name

ProGroup=P

# of Shares

 
       
 

CASH

SHARES

WORK EXPENDITURES

Bitfury

$Nil

2,133,858

$Nil


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