VANCOUVER, June 1, 2020 /CNW/ - HIVE Blockchain
Technologies Ltd. (TSX.V: HIVE) (OTCQX: HVBTF) (FSE: HBF) (the
"Company" or "HIVE") is pleased to announce the appointment of
Ian Mann to its Board of
"Mr. Mann has extensive experience in investment management and
capital markets, along with significant experience as a Board
Director and management of Bermuda-based companies," said Mr.
Holmes. "We are very pleased to
welcome him to the Board."
In December 2019, Mr. Mann became
the President and a Director of HIVE Digital Data Ltd., the newly
formed administrative arm of HIVE. The Company intends to manage
its data centres and trading operations from Bermuda to streamline its corporate structure
and extend its eligible trading window for its cryptocurrencies, as
Bermuda is under Atlantic Standard
Prior to joining HIVE from November
2003 to July 2019, Mr. Mann
was the President of Meridian Fund Managers Ltd., a BVI registered
fund manager with two alternative investment funds primarily
investing in mining and oil and gas companies. Prior to that, Mr.
Mann held senior management and partner positions with several
Since 1997, Mr. Mann has served as a non-executive director of
three Canadian exchange listed mining and oil companies, now merged
into other entities and Gran Colombia Gold Corp. from March 2016 to August
2017. Mr. Mann was a Director of two AIM-listed companies
from 2005 to 2017. He was also the President and CEO of Squire
Mining Ltd., a CSE-listed early stage company from inception in
2011 to 2017.
In September 2019, Mr. Mann became
the Vice President and a Director of KOP Therapeutics Corp., an
entity involved in the development of "Targeted Cancer Cell
Therapy" at Thomas Jefferson University
Mr. Mann holds a Bachelor of Arts, Honors Business
Administration degree (1980) from The University of Western Ontario in London, Canada.
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 owns state-of-the-art digital
currency mining facilities in Canada, Sweden, and Iceland which produce newly minted digital
currencies like Bitcoin and Ethereum continuously. Our deployments
provide shareholders with exposure to the operating margins of
digital currency mining as well as a growing portfolio of
For more information and to register to HIVE's mailing list,
please visit www.HIVEblockchain.com. Follow @HIVEblockchain on
Twitter and subscribe to HIVE's YouTube channel.
On Behalf of HIVE Blockchain Technologies Ltd.
Interim Executive Chairman
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.
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. The information in this news release that are
forward-looking information, include: the Company's intention to
manage its data centres and trading operations from Bermuda to streamline its corporate structure;
and the intentions, plans and future actions of the
This forward-looking information is based on reasonable
assumptions and estimates of management of the Company at the time
it was made, and involves known and unknown risks, uncertainties
and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking information. Such factors include, among
others: the COVID 19 crisis; the digital currency market; the
ability to successfully mine digital currency; revenue may not
increase as currently anticipated, or at all; it may not be
possible to profitably liquidate the current digital currency
inventory, or at all; a decline in digital currency prices may have
a significant negative impact on operations; the volatility of
digital currency prices; the Company may never realize more
efficient operations, a lower cost structure, or greater
flexibility in operation; risks relating to the global economic
climate; dilution; and other related risks as more fully set out in
the Company's continuous disclosure record filed at www.sedar.com.
Although the Company has attempted to identify important factors
that could cause actual results to differ materially, there may be
other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. The Company undertakes no obligation
to revise or update any forward -looking information other than as
required by law.
SOURCE HIVE Blockchain Technologies Ltd.