Hydro66 Announces May Revenue Increase of 64%
Boden, Sweden--(Newsfile Corp. - June 24, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that it has increase its month-over-month revenue by 64% in May. The increase was primarily attributable to renewed wholesale mining interest as well as increased profitability for the companies own cryptocurrency operations.Hydro66 realized revenue of C$514,000 in May 2019 and EBITDA of ($107,000). During the month, the Company was operating a...
2019-06-24 8:00 AM EDT
RETRANSMISSION: Hydro66 Announces Proposed Merger with Whinstone US Inc.
Boden, Sweden--(Newsfile Corp. - May 31, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that it has on May 30 2019 entered into a non-binding letter of intent ("LOI") with Whinstone US Inc. ("Whinstone") to merge the two companies on a 50/50 basis (the "Transaction"). In connection with the Transaction, Hydro66 will issue approximately 127,000,000 common shares of Hydro66 in exchange for all of the issued and outstanding common...
2019-05-31 7:00 AM EDT
Hydro66 Announces Proposed Merger with Whinstone US Inc.
Boden, Sweden--(Newsfile Corp. - May 30, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that it has on May 30 2019 entered into a non-binding letter of intent ("LOI") with Whinstone US Inc. ("Whinstone") to merge the two companies on a 50/50 basis (the "Transaction"). In connection with the Transaction, Hydro66 will issue approximately 127,000,000 common shares of Hydro66 in exchange for all of the issued and outstanding common...
2019-05-30 5:40 PM EDT
Hydro66 Increases Crypto Hashing Power by 40%
Boden, Sweden--(Newsfile Corp. - May 21, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB:HYHDF) ("Hydro66" or the "Company") is pleased to announce that it has purchased an additional 0.5 MW of ASIC crypto equipment to operate in its award-winning data center. Prior to this purchase, the company had been operating 1.25 MW of ASIC and GPU equipment. Hydro66 selectively purchases GPU and ASIC equipment as algorithm difficulty and pricing of computing equipment, combined with in-house analysis,...
2019-05-21 8:00 AM EDT
Hydro66 Announces Grant of Options
Toronto, Ontario--(Newsfile Corp. - May 16, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (the "Company" or "Hydro66")announces that it has granted an aggregate of 600,000 options to purchase common shares of the Company exercisable at a price of $0.45 per share for a period of three years, to a newly appointed officer 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.About Hydro66Hydro66...
2019-05-16 1:47 PM EDT
Hydro66 Secures Additional Enterprise Client
Boden, Sweden--(Newsfile Corp. - May 9, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the signing of another new Systems Integrator partner. ComDaTe is a cloud service provider and specialist services for IT Networks, telecoms and mobile, and alarm, security and surveillance to national public and private sector clients. They will partner with Hydro66 to provide secure data center colocation services with a 100% uptime service...
2019-05-09 8:00 AM EDT
Hydro66 Provides Update on Cryptocurrency Operations
Boden, Sweden--(Newsfile Corp. - May 1, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to provide an update on its cryptocurrency operations, which form part of its three-pronged strategy consisting of ultra-low emissions Enterprise colocation for High Performance Computing ("HPC") and both direct and wholesale cryptocurrency operations.As the cryptocurrency market has seen a gradual improvement, Hydro66 has been able to utilize advantageous...
2019-05-01 8:30 AM EDT
Hydro66 Announces Appointment of New CFO
Boden, Sweden--(Newsfile Corp. - April 30, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that Alex Johnstone has been promoted to CFO effective June 1, 2019. Mr. Johnstone will take over from Juliet Pedrazas who has been with the company since its inception. The Company thanks Juliet for her sterling work with the Company and wishes her all the best in her future endeavours.Mr. Johnstone was brought onboard as Chief Investment...
2019-04-30 8:30 AM EDT
Hydro66 Announces Additional Advance Under Convertible Loan
Toronto, Ontario--(Newsfile Corp. - April 4, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (the "Company" or "Hydro66") announces that today it has requested and received additional advances of USD$525,000 and CDN$150,000 pursuant to a secured convertible loan agreement with certain shareholders and directors of the Company dated December 19, 2018 (the "Loan Agreement"). In connection with the initial advances made pursuant to the Loan Agreement the Company issued secured convertible promissory...
2019-04-04 4:30 PM EDT
Hydro66 Provides Update on Data Center Colocation Strategy
Boden, Sweden--(Newsfile Corp. - April 3, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to provide a business update and its strategic plan going forward. Figure 1To view an enhanced version of Figure 1, please visit:
2019-04-03 8:00 AM EDT
Compodium Selects Hydro66 for Colocation Data Center Services
Boden, Sweden--(Newsfile Corp. - February 11, 2019) - HYDRO66 HOLDINGS CORP. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the signing of its newest client, Compodium International AB ("Compodium"). Compodium, which delivers mission critical secure encrypted video communication services to global medical and public service agencies, will retain Hydro66 to provide secure data center colocation services with a 100% uptime service level agreement.Compodium Founder...
2019-02-11 8:00 AM EST
Hydro66 Announces Listing on United States OTC Market
Toronto, Ontario--(Newsfile Corp. - January 11, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") a leading provider of ultra-efficient, green and cost-effective data center services is pleased to announce that the OTC Markets Group has approved the trading of the Company's shares on its OTCQB Venture Market and will commence trading under the symbol "HYHDF" on January 11, 2019. The Company's common shares will continue to trade on the Canadian Securities...
2019-01-11 8:00 AM EST
Hydro66 Announces Completion of Initial Advance Under Convertible Loan Agreement
Toronto, Ontario--(Newsfile Corp. - December 27, 2018) - Hydro66 Holdings Corp. (the "Company" or "Hydro66") (CSE: SIX) is pleased to announce that today it has received the initial advances of USD$1,050,000 and CDN$300,000 pursuant to a secured convertible loan agreement with certain shareholders and directors of the Company (the "Loan Agreement"), as previously announced on December 19, 2018. In connection with the initial advances the Company issued secured convertible promissory notes in...
2018-12-27 1:29 PM EST
Hydro66 Announces Entering into of Convertible Loan Agreement
Toronto, Ontario--(Newsfile Corp. - December 19, 2018) - Hydro66 Holdings Corp. (CSE: SIX) (the "Company" or "Hydro66") is pleased to announce that today it has entered into a secured convertible loan agreement with certain shareholders and directors of the Company (the "Loan Agreement"), including David Rowe and Robert Keith, who are both significant shareholders of the Company. The maximum amount of the loan will be C$4,000,000 (the "Loan") in the aggregate with the initial advance of...
2018-12-19 12:27 PM EST
Hydro66 delivers 8 MW planned expansion on time and on budget
Boden, Sweden--(Newsfile Corp. - October 18, 2018) - Hydro66 Holdings Corp (CSE: SIX) ("Hydro66" or "the Company"), is pleased to announce the completion of all 8 MW of the H2 2018 expansion project announced on July 31, 2018 on time, on budget and with new customers already occupying the space. Power available to customers in the High Performance Computing ("HPC") enterprise and blockchain colocation data center in Sweden has now expanded from 11.2 MW to 19.2 MW. "The demand...
2018-10-18 8:30 AM EDT
Hydro66 Announces Revocation of Cease Trade Orders
Toronto, Ontario--(Newsfile Corp. - September 11, 2018) - Hydro66 Holdings Corp. (CSE: SIX) (the "Company" or "Hydro66") is pleased to announce the revocation of the cease trade orders issued with respect to the Company's securities by the British Columbia Securities Commission ("BCSC") and Ontario Securities Commission. The cease trade order had been issued by the BCSC because the Company was late in filing its unaudited quarterly financial statements, MD&A and related officer's certificates...
2018-09-11 5:38 PM EDT
Hydro66 Announces Late Filing of Q2 Financial Statements
Toronto, Ontario--(Newsfile Corp. - September 7, 2018) - Hydro66 Holdings Corp. (CSE: SIX) (the "Company" or "Hydro66") announces that on September 5, 2018, the British Columbia Securities Commission ("BCSC") issued a Cease Trade Order against the Company (the "CTO") as a result of the Company not filing its unaudited quarterly financial statements for the six month period ended June 30, 2018, its management's discussion and analysis relating to the financial statements, and the CEO and CFO...
2018-09-07 9:04 PM EDT
Hydro66 Announces Key Appointment
Boden, Sweden--(Newsfile Corp. - September 5, 2018) - Hydro66 Holdings Corp (CSE: SIX) ("Hydro66" or "the Company"), the largest HPC colocation datacenter in the Nordics, is delighted to announce the appointment of Mr. Alex Johnstone as Chief Investment Officer, a new senior management role reporting directly to CEO, Ms. Anne Graf.Mr. Johnstone comes to Hydro66 from Santander UK where he was a key member of the Active Credit Portfolio Management team focusing on Significant Risk Transfer...
2018-09-05 8:30 AM EDT
Hydro66 Engages Integral Wealth Securities Limited for Market Maker Services
Toronto, Ontario--(Newsfile Corp. - August 1, 2018) - Hydro66 Holdings Corp (CSE: SIX) ("Hydro66" or "the Company") is pleased to announce that, subject to regulatory approval, it has retained Integral Wealth Securities Limited ("Integral") to provide market making services to the Company in compliance with the policies and guidelines of the CSE and other applicable legislation.Integral will trade shares of Hydro66 on the CSE with the objective of maintaining a reasonable market and improving...
2018-08-01 8:00 AM EDT
Hydro66 Triples Data Center Capacity During Q2, 2018
Toronto, Ontario--(Newsfile Corp. - July 31, 2018) - Hydro66 Holdings Corp. (CSE: SIX) ("Hydro66" or the "Company") is pleased to announce an update on its operations during Q2, 2018. Highlights from the recent quarter include:Commencement of trading on the CSE via a reverse takeoverTripled data center capacity from 3.6 to 11.2 MegaWatts ("MW"), completed on time and on budgetSold 100% of the additional 7.6 MW capacity to high performance computing ("HPC") partners, which was fully revenue...
2018-07-31 8:00 AM EDT