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Hashchain Technology Inc. Cancels and Reschedules Annual and Special Meeting

Tickers: XTSX:KASH, XOTC:HSSHF
Tags: #Technology, #Blockchain



Vancouver, BC - TheNewswire - October 25, 2019 - HashChain Technology Inc. ("HashChain" or the "Company") (TSXV:KASH) (OTC:HSSHF) announces that the annual general and special meeting (the "Meeting") of shareholders to be reconvened today was cancelled and will be rescheduled. The cancellation and rescheduling will provide adequate time to amend and reissue the original management information circular (the "Original Circular") dated September 6, 2019, which was mailed to all shareholders as of the record date on August 15, 2019. The Original Circular is null and void.

Notice of the date, time and location of the rescheduled Meeting will be provided shortly to all shareholders and the Company will issue a new management information circular (the "New Circular") in advance of the rescheduled Meeting. The New Circular will be filed on SEDAR and will include amended and restated disclosure with respect to the reverse takeover transaction (the "Proposed Transaction") with Digihost International, Inc.

Trading Halt

HashChain's shares are currently halted from trading and are not expected to resume trading until the TSX Venture Exchange (the "TSXV") completes its review of the Proposed Transaction.

Completion of the Proposed Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance and if applicable, disinterested shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Proposed Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in New Circular prepared in connection with the Proposed Transaction, any information released or received with respect to the Proposed Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of HashChain should be considered highly speculative.

The TSXV has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this news release.

Additional Information

For further information, please contact:

HashChain Technology Inc.
Paul Ciullo, Chief Financial Officer
T: 607-760-7870

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Copyright (c) 2019 TheNewswire - All rights reserved.

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