Skychain Received Loan for Edge Computing Project
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces that the company received a private loan of $250,000 CAD for completion of Edge Computing project PoC (Proof of Concept), as approved by the Board of directors. The loan was provided by the CEO from his personal funds at the annual interest rate of 6%. The repayment of the principal amount and interest are to be made within a 1-month period time. About Skychain...
2021-03-25 4:00 PM EDT
Skychain to Roll Out Industry-Changing Cloud Gaming Platform
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces that the Company, together with its strategic technology partners, has successfully conducted a PoC (Proof of Concept) testing for an exciting new cloud gaming platform in Vancouver. The new GPU (Graphics Processing Unit) platform will allow invited users to play AAA video games through their smart phone, pad, or even smart TV or HDTV with a standard OTT* TV box. AAA (Triple-A) is...
2021-03-16 6:00 AM EDT
Skychain Responses to the Recent Civil Claim
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces that the company is taking a proper legal action to respond to the recent civil claim. The Company has received a Notice of Civil Claim from Supreme Court of British Columbia in regard to a dispute it has with a client. Upon receiving the notice, the company has immediately retained legal advice to respond appropriately. The management believes the claim may be resolved without...
2021-03-12 5:00 PM EST
Skychain Technologies Inc. Advisor Appointment
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces the appointment of Mr. Kym Anthony as advisor for financial and capital markets consulting . Mr. Anthony provides Skychain with extensive experience in financial markets. His career of more than 30 years includes roles as Chairman and CEO of TD Securities, Vice-Chair of Toronto Dominion Bank and President and CEO of National Bank Financial. Mr. Anthony also gained investment...
2021-03-12 6:00 AM EST
Skychain Subsidiary Reaches Agreement to Sell Cryptocurrency Miners
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2021) - SkyChain Technologies Inc. (TSXV: SCT) announces today that its wholly-owned subsidiary MiningSky Technologies has reached an agreement with a cryptocurrency mining design and manufacturing company on a partnership aimed at providing SkyChain brand ASIC (Application-Specific Integrated Circuit) cryptocurrency mining machines ("Miners"). With this partnership, SkyChain will be able to expand its operations and offer products to...
2021-03-03 6:00 AM EST
Private Placement and Skychain Update
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces that the private placement announced January 28, 2021 to issue 1,315,800 common shares at a price of $0.95 per share is withdrawn and replaced by an offering to issue 1,315,800 units at a price of $0.95 per unit to raise $1,250,000. Each unit consists of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase an...
2021-02-22 6:01 AM EST
Skychain Technologies Moving into the Rapidly-Growing Edge Computing Sector
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces preparations to expand its data centre services to provide Edge computing for cloud gaming and other high-data applications such as rendering for film and animation. Edge computing, considered the future of enterprise data processing, allows internet consumers to use more connected applications and devices with minimal latency/lag time and network congestion. By using the...
2021-02-03 6:00 AM EST
Private Placement and SkyChain Update
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2021) - SkyChain Technologies Inc. (TSXV: SCT) announces a 1,315,800 common shares private placement financing offering at a price of $0.95 per share. The company plans to close a first tranche of 265,000 shares by February 10, 2021 for gross proceeds of $251,750. The remaining tranche of 1,050,800 shares for gross proceeds of $998,260, is expected to close on or before February 25, 2021.The funds will be used to upgrade the company's...
2021-01-28 8:30 AM EST
RETRANSMISSION: Skychain Provides Update on LOI to Purchase 20 Mw Crypto Hosting Facility in Quebec
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces that, further to the Company's previous announcement regarding a Letter of Intent (LOI) to acquire an existing 20 Mw crypto mining hosting facility in Sherbrooke, Quebec, SkyChain has provided an update on the facility and confirmed the terms of the LOI dated for reference December 23, 2020 between SkyChain and 1151203 B.C. Ltd (the "Vendor"). The Sherbrooke facility, currently...
2021-01-07 6:00 AM EST
Skychain Provides Update on LOI to Purchase 20 Mw Crypto Hosting Facility in Quebec
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2021) - Skychain Technologies Inc. (TSXV: SCT) announces that, further to the Company's previous announcement regarding a Letter of Intent (LOI) to acquire an existing 20 Mw crypto mining hosting facility in Sherbrooke, Quebec, SkyChain has provided an update on the facility and confirmed the terms of the LOI dated for reference December 23, 2020 between SkyChain and 1151203 B.C. Ltd (the "Vendor"). The Sherbrooke facility, currently...
2021-01-06 5:47 PM EST
Skychain Technologies Inc. Appoints Peter Schober to Its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2018) - Skychain Technologies Inc. (TSXV: SCT) is pleased to announce the appointment of Mr. Peter Schober to its Board of Directors.Mr. Schober is a professional engineer with over 35 years of experience in the hydropower industry and 5 years experience in blockchain and cryptocurrencies. Peter has extensive experience with cryptocurrency mining, supporting the development and operation of multiple large mining facilities to date. He...
2018-11-07 9:20 AM EST
Skychain Technologies Enters Strategic Cooperation Agreement with Hong Kong Hot Chain Technology Limited
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2018) - Skychain Technologies Inc. (TSXV: SCT) (the "Company") is pleased to announce that its wholly owned subsidiary Miningsky Technology Ltd. has entered into a Strategic Cooperation Agreement ("Framework Agreement") with Hong Kong Hot Chain Technology Limited ("Hot Chain") to host a large number of data mining machines from China in the Company's mining facilities in North America.The Framework Agreement has a term of three and a...
2018-11-01 9:15 AM EDT
Skychain Technologies Inc.announces the Appointment of James Haft to Its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2018) - Skychain Technologies Inc. is pleased to announce the appointment of Mr. James Haft to its Board of Directors.Mr. Haft is an Entrepreneur and Merchant Banker with broad experience in all aspects of forming, managing, advising, fund raising, and business development for entrepreneur-powered businesses, including business strategy and M&A. Since 1987, Mr. Haft has been an advisor to over 30 Internet and 100 technology related...
2018-10-31 9:15 AM EDT