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HIVE Blockchain Technologies Ltd.

01:53 PM EST - HIVE Blockchain Technologies Ltd. : Announced that it has entered into an agreement with Stifel GMP as lead underwriter and sole bookrunner to include a syndicate of underwriters, whereby the Underwriters will purchase, on a bought-deal basis, 16,670,000 special warrants of the Company at a price of $6.00 per Special Warrant for aggregate gross proceeds to the Company of $100,020,000. The completion of the Offering will be subject to receipt of all necessary regulatory and corporate approvals or consents. HIVE Blockchain Technologies Ltd. shares V.HIVE are trading down 50 cents at $5.49.