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Form 6-K HIVE Blockchain Technolo For: Aug 24

August 26, 2021 12:10 PM EDT

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2021

Commission File Number: 001-40398

Hive Blockchain Technologies Ltd.
(Translation of registrant's name into English)

British Columbia, Canada
(Jurisdiction of incorporation or organization)

# 855 - 789 West Pender Street

Vancouver, BC

V6C 1H2

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

[  ] Form 20-F      [X] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [  ]


EXHIBIT INDEX

Exhibit
Number
Description
99.1 News Release dated August 24, 2021
99.2 Material Change Report dated August 24, 2021

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

HIVE BLOCKCHAIN TECHNOLOGIES LTD.

 

 

 

/s/ Darcy Daubaras

 

Name: 

Darcy Daubaras

 

Title:

Chief Financial Officer

Date: August 25, 2021



HIVE BLOCKCHAIN TECHNOLOGIES LTD.

August 24, 2021

HIVE Blockchain Announces Mrs. Johanna Thörnblad's Appointment to Position of Sweden Country President

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Vancouver, Canada - HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (Nasdaq: HVBT) (FSE:HBF) (the "Company" or "HIVE") is pleased to announce Mrs. Johanna Thörnblad to the position of Country President in Sweden for the Company's two Swedish Data Centres, Bikupa Datacenter AB and Bikupa Datacenter 2 AB.

In March 2021, Johanna Thörnblad was appointed as Managing Director of the Company's two Swedish subsidiaries, Bikupa Datacenter AB and Bikupa Datacenter 2 AB ("Bikupa Datacenters"). Originally from Sweden, but with an extensive international career, Mrs. Thörnblad has more than twenty years of management and global corporate strategy and communications experience and held leadership positions in marketing, communication, investor relations and media relations for companies such as Fidelity Investments and U.S. Global Investors, Inc. (NASDAQ: GROW) where she also held series 7 and 24 securities licenses. Recently, and prior to joining HIVE, Mrs. Thörnblad was Managing Director of the Spanish luxury textile brand Teixidors.

As President for the Company's Bikupa Datacenters, Mrs. Thörnblad will bring demonstrated success and lead the Company in strengthening its Nordic partnerships, strategic planning, execution and communication to further HIVE's leadership and renowned reputation as the first and only 100% green energy crypto mining company. Additionally, this position is key to forming new local strategic partnerships in order to expand HIVE's current 33 megawatt capacity in the country while extending the Company's commitment to its already solid ESG strategy.

"I have known Johanna for over 30 years and she brings unique capital market skills, global work experience with deep roots in Sweden and a competitive spirit." said Executive Chairman Frank Holmes.

Mrs. Thörnblad holds an MBA from University of Chicago Booth School of Business and a BA in Psychology (Cum Laude) from Kent State University where she played Div. 1 basketball while also being recognized as an All American Student Athlete. Mrs. Thörnblad is also a mother of two young boys, she speaks English, Spanish, Swedish and Catalan and is a marathon runner and her personal best (3:32) at the Boston Marathon.

To-date Mrs. Thörnblad has served as member of the board of the Company's Swedish and Icelandic operations. We are proud to now have Mrs. Thörnblad as Country President in Sweden and leading the HIVE team in its Nordic operations.


About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.

HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020.

We encourage you to visit HIVE's YouTube channel here to learn more about HIVE.

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.

"Frank Holmes"

Executive Chairman

For further information please contact:

Frank Holmes

Tel: (604) 664-1078

 

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

Forward-Looking Information

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. "Forward-looking information" in this news release includes, but is not limited to, business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; continued effects of the COVID-19 pandemic may have a material adverse effect on the Company's performance as supply chains are disrupted and prevent the Company from carrying out its expansion plans or operating its assets; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company's filings at www.sec.gov/EDGAR and www.sedar.com.

The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. The Company has assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.



FORM 51-102F3

Material Change Report

Item 1 Name and Address of Company

HIVE Blockchain Technologies Ltd.

# 855 - 789 West Pender Street
Vancouver, BC V6C 1H2

Item 2 Date of Material Change:

August 24, 2021.

Item 3 News Release:

The press release attached as Schedule "A" was disseminated on August 24, 2021.

Item 4 Summary of Material Change:

The material change is described in the press release attached as Schedule "A".

Item 5 Full Description of Material Change:

The material change is described in the press release attached as Schedule "A".

Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102:

Not applicable.

Item 7 Omitted Information:

Not applicable.

Item 8 Executive Officer:

Inquiries in respect of the material change referred to herein may be made to Darcy Daubaras, Chief Financial Officer, T: 604-664-1078

Item 9 Date of Report:

August 24, 2021.


Schedule "A"

HIVE BLOCKCHAIN TECHNOLOGIES LTD.

August 24, 2021

HIVE Blockchain Announces Mrs. Johanna Thörnblad's Appointment to Position of Sweden Country President

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Vancouver, Canada - HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (Nasdaq: HVBT) (FSE:HBF) (the "Company" or "HIVE") is pleased to announce Mrs. Johanna Thörnblad to the position of Country President in Sweden for the Company's two Swedish Data Centres, Bikupa Datacenter AB and Bikupa Datacenter 2 AB.

In March 2021, Johanna Thörnblad was appointed as Managing Director of the Company's two Swedish subsidiaries, Bikupa Datacenter AB and Bikupa Datacenter 2 AB ("Bikupa Datacenters"). Originally from Sweden, but with an extensive international career, Mrs. Thörnblad has more than twenty years of management and global corporate strategy and communications experience and held leadership positions in marketing, communication, investor relations and media relations for companies such as Fidelity Investments and U.S. Global Investors, Inc. (NASDAQ: GROW) where she also held series 7 and 24 securities licenses. Recently, and prior to joining HIVE, Mrs. Thörnblad was Managing Director of the Spanish luxury textile brand Teixidors.

As President for the Company's Bikupa Datacenters, Mrs. Thörnblad will bring demonstrated success and lead the Company in strengthening its Nordic partnerships, strategic planning, execution and communication to further HIVE's leadership and renowned reputation as the first and only 100% green energy crypto mining company. Additionally, this position is key to forming new local strategic partnerships in order to expand HIVE's current 33 megawatt capacity in the country while extending the Company's commitment to its already solid ESG strategy.

"I have known Johanna for over 30 years and she brings unique capital market skills, global work experience with deep roots in Sweden and a competitive spirit." said Executive Chairman Frank Holmes.

Mrs. Thörnblad holds an MBA from University of Chicago Booth School of Business and a BA in Psychology (Cum Laude) from Kent State University where she played Div. 1 basketball while also being recognized as an All American Student Athlete. Mrs. Thörnblad is also a mother of two young boys, she speaks English, Spanish, Swedish and Catalan and is a marathon runner and her personal best (3:32) at the Boston Marathon.

To-date Mrs. Thörnblad has served as member of the board of the Company's Swedish and Icelandic operations. We are proud to now have Mrs. Thörnblad as Country President in Sweden and leading the HIVE team in its Nordic operations.


About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.

HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020.

We encourage you to visit HIVE's YouTube channel here to learn more about HIVE.

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.

"Frank Holmes"

Executive Chairman

For further information please contact:

Frank Holmes

Tel: (604) 664-1078

 

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

Forward-Looking Information

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. "Forward-looking information" in this news release includes, but is not limited to, business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; continued effects of the COVID-19 pandemic may have a material adverse effect on the Company's performance as supply chains are disrupted and prevent the Company from carrying out its expansion plans or operating its assets; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company's filings at www.sec.gov/EDGAR and www.sedar.com.

The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. The Company has assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.




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