HIVE Blockchain Announces Listing of Warrants

HIVE Blockchain Technologies (TSXV:HIVE) has announced it has applied for the listing of an aggregate 48 million common share purchase warrants on the TSX Venture Exchange as a supplemental listing.

As quoted in the press release:

The Warrants were issued pursuant to private placements of the Company that closed on November 14, 2017, December 18, 2017 and December 29, 2017.

Subject to TSXV approval, the Warrants will commence trading on the TSXV under the symbol “HIVE.WT” concurrently with the expiry of each applicable four month and a day hold period attached to such Warrants. 12,322,250 of the Warrants are expected to be listed on March 15, 2018, 15,873,100 of the Warrants on April 19, 2018 and the remaining 20,634,800 Warrants on April 30, 2018.

Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of C$3.90 until November 14, 2019. The Warrants were issued pursuant to, and are governed by, a warrant indenture between the Company and Computershare Trust Company of Canada dated November 14, 2017, as supplemented by the first supplemental warrant indenture dated December 18, 2017.

Click here to read the full press release.