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Friday, February 09, 2018 11:14:23 AM
Blockchain Set Date for Spinout of Global Blockchain Mining as Stand-Alone Publicly Listed Entity – On January 25, 2018, the Company also announced that it intended to pursue a plan of arrangement to spin out the value in its mining division. Through the arrangement, the Company intends to list Global Blockchain Mining Corp., along with all of its mining interests, as a publicly listed Canadian entity. The spinout will be on a one-for-one basis with every share held of Global Blockchain Technologies Corp., entitling the holder to one share of Global Blockchain Mining Corp. The Company has set the annual general and special meeting (the “Meeting”) for April 10, 2018. All shareholders as of the record date, March 1, 2018, will be entitled to vote at the Meeting, as well as to the spinout share. The completion of the arrangement and the
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