Press release -
HYDRO66 TO COMMENCE TRADING ON THE CANADIAN SECURITIES EXCHANGE
June 12 th , 2018 - Toronto, Ontario - Hydro66 Holdings Corp. (the " Company " or " Hydro66 ") (formerly Caza Gold Corp.) is pleased to announce that the Company's common shares will commence trading on the Canadian Securities Exchange (the " CSE ") under the symbol "SIX" effective at the market open on Wednesday June 13 th , 2018th
"Listing on the CSE represents an important achievement for the company and wants to enhance shareholder value. Trading on the CSE expands our potential investor base and we are grateful for all the assistance provided by the CSE. "The Company's CEO, Anne Graf, said:" The listing is going to be a great way to build a family business. "
Further information Regarding the Company is set forth in the Company's listing statement ( " Listing Statement "). A copy of the listing statement is available at www.sedar.com .
The Company would also like to announce did it has granted 225,000 options to purchase common shares of the Company exercisable at a price of $ 0.50 per share and expiring on June 12 th , 2021, to an officer and consultant of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant. The stock options have a term of three (3) years, subject to one-third of the grant vesting on the grant date and every year thereafter with full vesting in the first two years of the term.
About Hydro66
Hydro66, through its wholly owned subsidiary, is the sole shareholder of Hydro66 UK Limited (" Hydro66 UK "), an award-winning datacenter company with operations located in Boden, Northern Sweden. The Company has been operating since 2014 and offers colocation services to enterprise and cryptocurrency customers. The Company has an additional 8MW of capacity under construction. The site has potential capacity and reserved power of 42MW, providing for the opportunity for continued expansion in the future. The site uses 100% hydro-power and innovative building and cooling system.
For more information please visit: www.hydro66.com
FOR MORE INFORMATION, PLEASE CONTACT:
Paul Morrison
Chief Commercial Officer of Hydro66 UK Limited
paul.morrison@hydro66.com
(+44) 7789 915 147
or
Jason Atkinson
jason.atkinson@hydro66.com
(+1) 647-938-5266
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "Potential", "proposed" and other similar words, or statements "may" or "will" occur. These statements are only predictions. Forward-looking information is provided in the future -looking information. For the description of the company and its affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information. The reader is cautioned not to place undue reliance on forward-looking information.
Not for distribution to US Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of US securities laws.
Topics
- Data, Telecom, IT
Categories
- datacenter
Hydro66 helps other forward-thinking companies match their applications with the optimal sustainable hosting environment. Hydro66 provides ultra-efficient, green colocation solutions ideal for cloud computing, HPC and enterprise hosting. Hydro66 offers wholesale and retail capacity in a state-of- the-art datacenter in the north of Sweden combining Internet-scale power availability, free-air cooling and unlimited diverse fibre connectivity.
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Hydro66 datacenter i Boden erbjuder datacentertjänster särskilt anpassade för stora företag, HPC-kluster och molntjänster. Anläggningen drivs av 100% förnybar vattenkraft och är ett av världens mest effektiva datacenter.
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Hydro66 unterstützt zukunftsorientierte Unternehmen bei ihren Anwendungen mit der optimalen Hosting-Umgebung. Hydro66 bieten hocheffiziente, grüne Colocation-Lösungen, die sich ideal für Großkunden, Cloud Computing, Systemintegratoren und HPC eignen. Das aktuelle Datenmodell ist veraltet und nicht nachhaltig. Die überwiegende Mehrheit der Rechen- und Speicherleistung findet an teuren Innenstadt Standorten mit schmutzigem Strom und unzuverlässigem Netz. Steigende Strompreise und Kapazitätsengpässe städtischer Netze verschlimmern das Problem.Inzwischen sinken die Telekommunikationspreise jährlich um rund 20 %. Facebook, Google und Apple haben dies durch den Aufbau von überdimensionalen nordischen Rechenzentren neben großen Stromnetzen gelöst, die bei extrem niedrigen Strompreisen sehr zuverlässig und zu 100 % grün sind. Jetzt können Großhandel, Unternehmen, Systemintegratoren und Cloud-Unternehmen durch die Zusammenarbeit mit Hydro66 ähnliche Vorteile wie die Internet-Riesen genießen. Für weitere Informationen, besuchen Sie bitte www.hydro66.com
