Hydro66 Announces Name Change to "Sixty Six Capital Inc." and Appointment of New Director
Toronto, Ontario--(Newsfile Corp. - April 13, 2021) - Hydro66 Holdings Corp. (CSE: SIX) ("Hydro66" or the "Company") announces that it has changed its name to "Sixty Six Capital Inc." in order to better reflect its existing business and future prospects. The Company's common shares are expected to commence trading on the Canadian Securities Exchange under the new name "Sixty Six Capital Inc." on or about April 15, 2021, under the Company's current symbol "SIX". A new CUSIP (83013J109) and ISIN (CA83013J1093) has been obtained to replace the previous CUSIP number.
No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of Hydro66 will not be affected by the name change and will not need to be exchanged. The Company encourages any shareholder with any questions or concerns to contact the Company or to discuss any of the foregoing with their broker or agent.
The Company is also pleased to announce the appointment of Alex Johnstone to the Company's Board of Directors.
Mr. Johnstone has a background in traditional finance having been at Santandar, Erste bank and Alliance Bank in senior structured credit / debt positions.
About Sixty Six Capital
Sixty Six Capital is an investment company specialising in Crypto assets. Sixty Six Capital owns 338,273 shares in Northern Data AG (XETRA: NB2), a High Performance Computing company which is one of the world's largest specialist HPC operators with facilities in Canada, the USA, Norway and Sweden. The shares are subject to a two-year holding period which expire on 9th March 2023. The directors remain opportunistic about further investments in Crypto, Fintech and AI assets.
For more information, please visit: https://sixtysixcapital.com/.
For more information, please contact:
Director, Corporate Development
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
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