Frank Edward Holmes, a Director, disposed of 10,000,000 Common Shares on an indirect ownership basis for registered holder U.S. Global Investors (Canada) Ltd. at prices ranging from $2.530 to $2.778 between December 18th and 22nd, 2020. This represents a $26,643,518 divestment of the company's shares and an account share holdings change of -100.0%.
HIVE Blockchain Technologies Ltd, formerly Leeta Gold Corp, is a Canada-based company within blockchain sector. It partners with Genesis Mining Ltd, a cryptocurrency mining hashrate provider, in order to operate blockchain infrastructure, namely cryptocurrency mining facility in Iceland. The facility produces mined cryptocurrency Ethereum around the clock and is monitored with Genesis Hive, Genesis' proprietary software tool for large-scale mining, to automatically optimize chip temperatures and power consumption needed for coin production. Also, the Company partners with Fiore Group, a Canadian merchant banking firm, in order to accelerate development of the blockchain sector through traditional capital markets.
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