HashChain Technology Completes $29.7 Million Bought Deal Private PlacementJanuary 10, 2018
HashChain Technology Inc. (TSXV: KASH) completed a bought deal private placement offering of 14,148,508 units for gross proceeds of over $29.7 million (including President’s List purchasers). The units consisted of one common share and one common share purchase warrant.
HashChain is a Blockchain mining company, and the first publicly traded Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies.
The offering was completed by a syndicate of underwriters co-led by Eight Capital and Canaccord Genuity Corp., and including Beacon Securities Limited, Paradigm Capital Inc., Mackie Research Capital Corporation, PI Financial Corp. and Gravitas Securities Inc.