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HashChain Technology Inc. Announces Resumption of Trading

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



Vancouver, BC - TheNewswire - December 9, 2019 - HashChain Technology Inc. ("HashChain" or the "Company") (TSXV:KASH); (OTC:HSSHF) is pleased to report that, further to its news release dated November 29, 2019, the common shares of the Company are expected to resume trading on the TSX Venture Exchange at the open of trading on December 11, 2019. The Company has been halted since March 28, 2019 when it was announced that the Company had entered into an agreement with Digihost International, Inc. to effect a reverse takeover transaction (the "Proposed Transaction"). For more information on the Proposed Transaction, please refer to the Company's news releases dated March 28, 2019, April 26, 2019, June 7, 2019, July 29, 2019, September 11, 2019 and November 29, 2019.

Additional Information

For further information, please contact:

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

Digihost International, Inc.
Angie Ihler, Media Inquiries
T: 917-242-6549

Cautionary Statements:

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to the resumption of trading of the common shares on the TSXV. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder, court or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, HashChain assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has in any way passed upon the merits of the Proposed Transaction and associated transactions and neither of the foregoing entities has in any way approved or disapproved of the contents of this press release.

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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