BRIEF-Hive Blockchain Announces Upsize Of Financing To $115 Mln
Reuters
Published Dec 15, 2017 13:01
BRIEF-Hive Blockchain Announces Upsize Of Financing To $115 Mln
Dec 15 (Reuters) - Hive Blockchain Technologies Ltd HIVE.V :
* HIVE BLOCKCHAIN ANNOUNCES UPSIZE OF FINANCING TO $115 MILLION INCLUDING MINIMUM INVESTMENT OF $3 MILLION BY GENESIS MINING
* SAYS ENTERED AMENDED DEAL WITH GMP SECURITIES TO INCREASE SIZE OF FINANCING TO 36.5 MILLION UNITS OF CO AT C$3.15 / UNIT
* SAYS AMENDED AGREEMENT WITH AGENTS TO INCREASE SIZE OF PREVIOUSLY ANNOUNCED FINANCING TO 36.5 MILLION UNITS AT C$3.15/UNIT
* SAYS PROCEEDS TO BE USED TO FUND COMPLETION OF SWEDEN BITCOIN DATA CENTRE AND PHASE 3 EXPANSION AT SWEDEN GPU DATA CENTRE
* SAYS EACH UNIT TO CONSIST OF 1 COMMON SHARE, 1 WARRANT WITH EACH WARRANT HOLDER TO BUY 1 COMMON SHARE AT $3.90 UNTIL NOV 14 2019
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Written By: Reuters
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