VANCOUVER, Jan. 29, 2018 /CNW/ - HashChain Technology Inc. (TSXV: KASH) (OTCQB: HSSHF) ("HashChain" or the "Company") is pleased to announce that its common shares will commence trading on the OTCQB® Venture Market in the United States under the symbol "HSSHF" effective Monday, January 29, 2018.
"Admission to the OTCQB market is part of a long-term strategy to introduce the Company to a broader international audience," said Patrick Gray, CEO and Founder of HashChain. "This provides us with a trading platform for current and future American investors as well as a means of increasing our international visibility."
The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
HashChain Technology Inc. will continue to trade on the TSX Venture Exchange (TSXV) under its existing symbol "KASH".
About HashChain Technology Inc.
HashChain is a Blockchain mining company, and the first publicly traded (TSXV:KASH) (OTCQB: HSSHF) Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies. HashChain taps low-cost North American power, cool climate and high-speed Internet: the trifecta most critical to mining success, to create a competitive position for maximizing the number of mining 'wins.' HashChain currently operates 100 Dash mining Rigs, has purchased and received 770 Bitcoin Rigs and has entered into a purchase order for an additional 5,000 Rigs. Once all Rigs are operational HashChain will be consuming approximately 8.7 megawatts of power. HashChain also acquired a Dash Masternode for approximately USD $280,000 which requires a collateral investment of 1,000 Dash coins. HashChain is based in Vancouver, British Columbia. HashChain Mining is a wholly owned subsidiary of HashChain Technology Inc. based out of Albany, New York.
For further details of the Company's business, please refer to the Company's final prospectus dated December 12, 2017, which is available on the Company's SEDAR profile at www.sedar.com or visit http://www.hashchain.ca.
On Behalf of the Board,
CEO & Director
For Further information please contact:
HashChain Technology Inc.
Vice President, Marketing & Communications
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE HashChain Technology Inc.