VANCOUVER, Nov. 3, 2017 /CNW/ - HIVE Blockchain Technologies
Ltd. (TSX.V:HIVE) (the "Company" or "HIVE") announces that
24,636,705 common shares originally due to be released November 15, 2017 will be released from a
voluntary pooling agreement effective at open of the market on
Wednesday, November 8, 2017 to allow
for more market liquidity.
About HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Ltd. is a growth oriented,
TSX.V-listed company building a bridge from the blockchain sector
to traditional capital markets. HIVE is strategically partnered
with Genesis Mining Ltd. to build the next generation of blockchain
infrastructure. HIVE owns state-of-the-art GPU-based digital
currency mining facilities in Iceland, which produce mined digital currency
like Ethereum around the clock.
For more information and to register to HIVE's mailing list,
please visit www.HIVEblockchain.com, which has recently been
updated. Follow @HIVEblockchain on Twitter and subscribe to HIVE's
YouTube channel.
On Behalf Of HIVE Blockchain Technologies Ltd.
"Harry Pokrandt"
President, CEO and Director
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news
release contains "forward-looking information" within the meaning
of the applicable Canadian securities legislation that is based on
expectations, estimates and projections as at the date of this news
release. "Forward-looking information" in this news release
includes information about the release of restricted shares from a
voluntary pooling agreement; the business goals and objectives of
the Company, and other forward-looking information includes but is
not limited to information concerning the intentions, plans and
future actions of the parties to the transactions described herein
and the terms thereon.
Factors that could cause actual results to differ materially
from those described in such forward-looking information include,
but are not limited to, risks related to the liquidity of the
Company's shares in the market; the digital currency market; the
Company's ability to successfully mine digital currency; and other
related risks as more fully set out in the Filing Statement of the
Company dated September 13,
2017.
The forward-looking information in this news release reflects
the current expectations, assumptions and/or beliefs of the Company
based on information currently available to the Company. In
connection with the forward-looking information contained in this
news release, the Company has made assumptions about the release of
restricted shares from a voluntary pooling agreement; the Company's
ongoing partnership with Genesis; historical prices of
cryptocurrencies and the ability of the Company to mine
cryptocurrencies will be consistent with historical prices; and
there will be no regulation or law that will prevent the Company
from operating its business. The Company has also assumed that no
significant events occur outside of the Company's normal course of
business. Although the Company believes that the assumptions
inherent in the forward-looking information are reasonable,
forward-looking information is not a guarantee of future
performance and accordingly undue reliance should not be put on
such information due to the inherent uncertainty therein.
Any forward-looking information speaks only as of the date on
which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to
update any forward-looking information, whether as a result of new
information, future events or results or otherwise.
SOURCE HIVE Blockchain Technologies Ltd.