HIVE Advanced Technology has closed its first tranche of up to CAD115 m ( $ 90 m ) , in a round led by GMP Securities and Eventus Capital . The round of private placement also included Haywood Securities and PI Financial . The tranche involved the sale of over 15 million units , each comprising one common stock and one share purchase warrant , valid up until 14 November 2019 . Each unit was sold at a price of £1 . Gross proceeds were CAD50 m , with a final closing for up to CAD65 m expected to take place on 29 December 2019 .
HIVE Blockchain Technologies has closed its first tranche of up to CAD115m ($90m), in a round led by GMP Securities and Eventus Capital. The round of private placement also included Haywood Securities and PI Financial. The tranche involved the sale of over 15 million units, each comprising one common share and one share purchase warrant, valid up until 14 November 2019. Each unit was sold at a price of CAD3.15. Gross proceeds were CAD50m, with a final closing for up to CAD65m expected to take place on 29 December 2017.