HIVE Blockchain Technologies Ltd (HIVE)

[hobowilly]

Rise and Shine $HIVE Bagholders and welcome to the Future:
So funny, notice how $HIVE Propaganda and Bullshit Central conveniently left out the part about the Price Per Share at which the 1:5 REVERSE SPLIT was effectuated. Just like a slimly used car salesman ignoring the puddle of oil on the ground under the motor. Oh, the oil, that was there already.
C'mon I'll pop the belly and show you how clean the motor is.

Looks to be $0.85 x 5 = $4.25 with a -0.1765 (-3.9873 %) loss on the day. Or $0.85 with a -0.0353 (-3.9873 %) pre 1:5 REVERSE SPLIT.

May 24, 2022

HIVE Blockchain Announces 5 to 1 Share Consolidation
Effective at Market Open May 24, 2022

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its amended and restated short form base shelf prospectus dated January 4, 2022.

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBF) (the “Company” or “HIVE”) announces that, further to its press release dated May 10, 2022, the Company will be proceeding with the consolidation (the “Consolidation”) of its common shares (“Common Shares”) on the basis of five (5) pre-Consolidation Common Shares for one (1) post-Consolidation Common Shares. The Common Shares will commence trading on the TSX Venture Exchange (“TSXV”) and Nasdaq on a post-Consolidation basis effective at market opening on May 24, 2022. As of the date hereof, there are 411,209,923 Common Shares issued and outstanding. On a post-Consolidation basis, the Company shall have approximately 82,241,984 Common Shares issued and outstanding. The Company will not be changing its name or stock symbols in connection with the Consolidation. Completion of the Consolidation is subject to the receipt of all necessary regulatory approvals including the approval of the TSX Venture Exchange, and pursuant to the Business Corporations Act (British Columbia) and the articles of the Company. Shareholder approval of the Consolidation is not required.