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Re: greenwillow post# 1138

Tuesday, 09/24/2019 12:22:30 AM

Tuesday, September 24, 2019 12:22:30 AM

Post# of 1735
Really? Based on What's wrong with youz

You will own same $ amount just 1/40 the shares. In fact if RTO were to pass it would be a substantial increase from current pps!!

Say you own 1M shares or $18,500 based on todays close. Now a 40th (shares) would be 25K. The Early bird private placement offering calls for $.96 pps and proposed public offering @ $1.20. Do the math, that would be $25-$30K out of the gate not talking RTO specifics such as less shares, no debt, new equipment, ppl to run the company etc.

Current levels are the 80% pre RTO discounts sir

https://stockhouse.com/news/press-releases/2019/09/11/hashchain-technology-inc-announces-extension-to-defintive-agreement-and


The Proposed Transaction is anticipated to be completed by way of share exchange. HashChain currently has 261,222,157 common shares issued and outstanding. All existing stock options of HashChain will be cancelled and will not be exchanged for corresponding securities of the Resulting Issuer. Assuming completion of the Proposed Transaction and the HashChain Share Consolidation (as defined hereinafter), existing HashChain shareholders will hold approximately 6,530,553 of the then issued and outstanding common shares in the capital of the Resulting Issuer (the "Resulting Issuer Shares"), representing approximately 18% of the total Resulting Issuer Shares (subject to dilution resulting from the issuance of Resulting Issuer Shares pursuant to the proposed Financing, as discussed below). Holders of existing common share purchase warrants in the capital of HashChain shall receive common share purchase warrants in the capital of the Resulting Issuer on equivalent terms and conditions, after adjustment with respect to the HashChain Share Consolidation (as defined hereinafter).
Pursuant to the terms of the Definitive

Agreement, shareholders of Digihost will receive approximately 181.83 Resulting Issuer Shares for every one (1) Digihost common share held. Assuming completion of the Proposed Transaction, a total 29,820,000 Resulting Issuer Shares, representing approximately 82% of the total Resulting Issuer Shares (subject to the Financing) will be issued to Digihost shareholders, and Digihost will become a wholly owned subsidiary of HashChain.
Each Resulting Issuer Share issued to the holders of Digihost common shares is currently expected to be issued at a deemed price of approximately $0.96 per Resulting Issuer Share for aggregate deemed consideration of $28,627,200. On a pre-HashChain Share Consolidation basis, the Resulting Issuer Shares issued to the holders of Digihost common shares will be equivalent to 1,192,800,000 pre-HashChain Share Consolidation common shares issued at a deemed price of approximately $0.024 per pre-HashChain Share Consolidation common share.

Assuming completion of the Proposed Transaction and HashChain Share Consolidation (as defined hereinafter), but excluding the effect of the Financing (as defined hereinafter), the Resulting Issuer will have 30,473,533 Resulting Issuer Shares outstanding.

Update to Digihost Financing
Digihost has updated the terms of its non-brokered private placement previously disclosed in the Company's press releases of June 10, 2019 and June 11, 2019. The updated private placement will be for gross proceeds of up to $5,000,000 through the issuance of securities of Digihost (the "Financing") comprised of subscription receipts (the "Subscription Receipts") at a price of $0.96 per Subscription Receipt, with each Subscription Receipt exchangeable for one common share (each, a "Common Share") of Digihost, and unit subscription receipts (the "Unit Subscription Receipts") at a price of $1.20 per Unit Subscription Receipt, with each Unit Subscription Receipt exchangeable for one unit (each, a "Unit"). Each Unit will consist of one Common Share and one common share purchase warrant (each, a "Warrant") of Digihost. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of C$1.75 for a period of 18 months following the closing.





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