HashChain Technology Completes $29.7 Million Bought Deal Private Placement

January 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.

Wildeboer Dellelce LLP acted for the underwriters in connection with the Offering with a team that consisted of Perry Dellelce, Michael Rennie, Amir Torabi and Alexandra Meffe (corporate/securities).


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