HYPR.CN - HyperBlock Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
0.0250
0.0000 (0.00%)
At close: 4:00PM EDT
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Previous Close0.0250
Open0.0000
Bid0.0150 x 0
Ask0.0350 x 0
Day's Range0.0250 - 0.0250
52 Week Range0.0150 - 0.1900
Volume0
Avg. Volume0
Market Cap6.081M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateSep 25, 2019 - Sep 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CNW Group

    HyperBlock Fully Deploys Next Generation Bitmain Servers, Increases Computational Power at US Datacenter

    TORONTO , Sept. 19, 2019 /CNW/ - HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) confirmed today that it has fully deployed its first US $1.1M shipment of Bitmain T17 Bitcoin mining servers at its 20 MW US datacenter. The Company reports the new servers are delivering significantly more efficient energy consumption, which has increased HyperBlock's potential datacenter hashrate to over 165 PH/s. As previously announced, HyperBlock expects to receive its next Bitmain 7nm server order, of US $2.7M , prior to calendar year-end, further boosting its Bitcoin mining power and better positioning the Company for future growth, strategic opportunities and improved profitability.

  • CNW Group

    HyperBlock Inc. to Delay Annual Meeting

    TORONTO , Aug. 9, 2019 /CNW/ - HyperBlock Inc. (the "Company") – (HYPR.CN) has elected to delay its 2019 annual meeting of shareholders (the "Meeting") until later this Fall, due to the delay in the completion and filing of the Company's audited consolidated annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended December 31, 2018 , as recently announced. The Company has notified the Canadian Securities Exchange of the anticipated delay. HyperBlock is a leading publicly traded crypto-asset enterprise.

  • CNW Group

    HyperBlock Announces Chief Executive Officer Sean Walsh Appointed as Chairman

    TORONTO , July 29, 2019 /CNW/ - HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) is pleased to announce that its board of directors recently appointed Sean Walsh as Chairman, a position he will occupy in addition to his role as the Company's Chief Executive Officer. Mr. Walsh commented, "For better or worse, cryptocurrency mining turns on doing the right things during the "painfully dark days" when profits are down and the sector is out of favor. Then, when crypto prices recover, one may potentially be perfectly positioned to profit and grow quickly.

  • CNW Group

    HyperBlock Takes Delivery of Next Generation Bitmain Servers and Places New Order for $2.9M Additional Next Generation Servers

    TORONTO , July 19, 2019 /CNW/ - HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) confirmed today that the first batch of a US $1.1M shipment of Bitmain's new 7nm Bitcoin mining servers has arrived on North American shores. HyperBlock expects to fully deploy the new servers this month, boosting its Bitcoin computational power and better positioning the Company for future growth and improved profitability.

  • CNW Group

    HyperBlock Secures US $2M to Finance Next Generation Servers

    TORONTO , June 3, 2019 /CNW/ - Following the successful testing of next-generation 7 nanometer Bitmain servers at its US cryptocurrency datacenter, HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) announces that it has secured US $2 million in financing to purchase and deploy the new Bitmain servers at its 20MW facility in the Pacific Northwest. The Company expects this transaction will better position the Company for future growth and improved profitability. The Company's disinterested directors have determined that the US $2 million secured loan (the "Loan") — which was obtained from the Company's CEO Sean Walsh , a related party — is on reasonable commercial terms that are superior to those that would be available to the Company from an arm's length lender.

  • CNW Group

    HyperBlock to Acquire Proprietary Financial and Mining Operations Software

    TORONTO , May 28, 2019 /CNW/ - HyperBlock Inc. (HYPR.CN) (the "Company") announced that it has entered into a software acquisition agreement (the "Software Agreement") to acquire proprietary financial and mining operations software. Under the terms of the agreement, HyperBlock has purchased the complete, exclusive rights, title and interest to proprietary computer software programs and documentation developed by Proteus Development Corporation (the "Seller"). Under the May 24, 2019 , agreement the Seller has sold, assigned, granted, conveyed and transferred all right, title and interest to the software defined in the Software Agreement.

  • CNW Group

    IIROC Trading Halt - HYPR

    IIROC Trading Halt - HYPR

  • CNW Group

    HyperBlock Announces Issuance of Cease Trade Order (CTO) by the Ontario Securities Commission

    TORONTO , May 17, 2019 /CNW/ - HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) announced today that it has been issued a Cease Trade Order ("CTO") by the Ontario Securities Commission as it no longer expects to file its financial statements, management's discussion and analysis and related officer certifications for the financial year ended December 31, 2018 (collectively, the "Annual Filings") by June 30, 2019 , as previously disclosed. The Company continues to operate normally and is working diligently with its auditors to be in a position to file its Annual Filings on or before July 31, 2019 . HyperBlock is a leading publicly traded crypto-asset enterprise.

  • CNW Group

    HyperBlock Provides Bi-Weekly Status Report; Provides Update on Company Operations

    TORONTO , May 16, 2019 /CNW/ - HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) announces that it no longer expects to file its financial statements, management's discussion and analysis and related officer certifications for the financial year ended December 31, 2018 (collectively, the "Annual Filings") by June 30, 2019 , as previously announced. While the Company's annual audit is ongoing, due to complexities uncovered during the process, the Company now expects to file the Annual Filings on or before July 31, 2019 . Normal operations continue at the Company's 20MW US datacenter, where it currently runs more than 10,000 servers.

  • CNW Group

    HyperBlock Granted MCTO

    TORONTO , May 2, 2019 /CNW/ - HyperBlock Inc. ("HyperBlock" or the "Company") (HYPR.CN) has been granted a Management Cease Trading Order by the Ontario Securities Commission and intends to file its audited annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended December 31, 2018 (collectively, the "Annual Filings") no later than June 30, 2019 . As previously disclosed, HyperBlock submitted an application to the Ontario Securities Commission, as principal regulator for the Company, under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") requesting that a management cease trade order be imposed in respect of its inability to file its Annual Filings prior to the April 30, 2019 filing deadline under National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102") and National Instrument 52-109 – Certification of Disclosure in Issuers Annual and Interim Filings.

  • CNW Group

    Hyperblock Inc. Announces Delay of Annual Filings, Additions and Changes to Board of Directors, and Transition of Interim Chief Financial Officer

    The Company has appointed Manning Elliott LLP as its auditor and the audit of the Company's Annual Filings is ongoing.  The Company anticipates that it will be in a position to finalize and issue its financial statements and related disclosures no later than June 30 , 2019. The Company does not anticipate any delay in filing its interim financial statements, management's discussion and analysis, and the related officer certifications for the financial period ended March 31, 2019 . The Company has submitted an application to the Ontario Securities Commission, as principal regulator for the Company, under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") requesting that a management cease trade order be imposed in respect of this late filing rather than an issuer cease trade order. The issuance of a management cease trade order generally does not affect the ability of persons who have not been directors, officers or insiders of the Company to trade in their securities.

  • CNW Group

    HyperBlock Provides Update on Operations

    TORONTO , April 16, 2019 /CNW/ - HyperBlock Inc. (HYPR.CN) is pleased to provide an update on its ongoing operational reorganization and planned expansion, which includes the sale of non-core assets at one of its Canadian facilities. In February 2019 , the company announced it had entered into a binding agreement (the "Agreement") for the sale of non-core datacenter assets and related infrastructure. In addition to the sale of non-core datacenter assets for US$1 million , the Agreement provides the Buyer with the Option to assume operation of the facility (the "Facility"), and to transition services required to operate certain non-core datacenter assets at the Facility.

  • CNW Group

    HyperBlock Appoints Manning Elliott LLP as Auditor

    TORONTO , April 4, 2019 /CNW/ - HyperBlock Inc. (HYPR.CN) announced that it has appointed Manning Elliott LLP ("Successor Auditor") as its auditor for the fiscal period ending December 31, 2018 . There are no "reportable events" (as defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the company and its previous auditor MNP LLP ("Former Auditor"). In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and Successor Auditor, have been reviewed by HyperBlock's board of directors and have been filed on SEDAR.

  • CNW Group

    HyperBlock to Sell US$1 Million of Non-Core Datacenter Assets

    TORONTO , Feb. 12, 2019 /CNW/ - HyperBlock Inc. (HYPR.CN) — one of North America's leading publicly traded diversified crypto-asset enterprises — announced that it has entered into a binding agreement (the "Agreement") for the sale of non-core datacenter assets and related infrastructure at one of its Canadian facilities. Prior to the close of the transaction, the Buyer will pay HyperBlock a monthly fee of US$7,500 for operation and transition services at the Facility. To reflect his confidence in HyperBlock's future, HyperBlock CEO Sean Walsh confirmed that he would subscribe for US$2 million ( C$2.667 million ) on closing of the Company's previously announced non-brokered private placement of HyperBlock units.

  • CNW Group

    HyperBlock Announces 2019 Board of Directors Update

    TORONTO , Jan. 18, 2019 /CNW/ - HyperBlock Inc. (HYPR.CN) — one of North America's largest publicly traded diversified crypto asset enterprises — provided an update today on the company's board of directors (the "Board"). The company confirmed the recent resignation of Rob Segal , who served as a director on the HyperBlock Inc. Board from July 2018 to January 2019 — and previously served on the CryptoGlobal (acquired by HyperBlock Inc. in July 2018 ) Board since CryptoGlobal's inception. HyperBlock is one of North America's largest publicly traded diversified crypto-asset enterprises.

  • CNW Group

    HyperBlock Signs USD$2.65M Project Financing Agreement to Fund First Phase of US Datacenter Expansion from 20MW to 60MW

    TORONTO , Dec. 31, 2018 /CNW/ - HyperBlock Inc. (HYPR.CN) — one of North America's largest publicly traded diversified crypto asset enterprises — announced today that it has signed a five-year USD$2.65M financing agreement to fund the first phase of its US cryptocurrency datacenter expansion. HyperBlock CEO Sean Walsh noted: "The funds will be used to fund an expansion which will allow the company to triple our operating capacity — from 20MW to up to 60MW — at our Project Northwest datacenter." Work on the substation expansion is already underway and the company will provide further market updates as expansion milestones are achieved.

  • CNW Group

    HyperBlock To Convert CAD$3.6M of Debt to Equity at Substantial Premium to Market Price; Offers Limited Private Placement Units up to CAD$7M

    In a strong show of confidence in the company's future growth potential, HyperBlock CEO Sean Walsh confirmed he will subscribe for a minimum of USD$1.5M ( CAD$2.01M ) in the placement. This is exactly the type of market where profound value is created, and I believe this placement is pivotal in strengthening HyperBlock for the future," says Walsh, a cryptocurrency veteran and sector thought leader who created HyperBlock's original innovative revenue model.

  • CNW Group

    HyperBlock Inc. Launches Insured Crypto Custodial Product; Posts Q3 Revenue of USD$5.0M

    TORONTO , Nov. 29, 2018 /CNW/ - HyperBlock Inc. (HYPR.CN) — one of North America's largest publicly traded diversified crypto asset enterprises — today reported Q3 revenue of approximately $5.0M and announced it has signed an agreement with a Caribbean -based bank to secure crypto assets through HyperVault, its proprietary, insured crypto custodial service. HyperBlock confirmed it has received a written commitment for insurance coverage from an A+ rated insurer, for its newly-launched, proprietary crypto custodial service, HyperVault.  HyperBlock also announced it has signed a three-year agreement with a private Caribbean -based investment bank to provide insured custodial services. The contract terms include a minimum of $10M in assets under management to start — with a maximum balance of USD$400M in crypto assets under management.

  • CNW Group

    HyperBlock Streamlines Operations, Announces Update to Executive Management Team and Custodial Business Launch

    TORONTO , Oct. 10, 2018 /CNW/ - (HYPR.CN) — HyperBlock Inc. — one of North America's largest publicly traded diversified crypto asset enterprises — is streamlining its operations and is excited to be moving ahead with its planned crypto custody product launch. The company has successfully exited four Canadian locations — executing on its consolidation plans in Eastern Canada and at its US cryptocurrency datacenter in the Pacific Northwest. HyperBlock CEO Sean Walsh says the moves are a proactive step to help the company weather difficult market conditions and will over time, result in lower, more efficient power costs. "Hash rate sales have been soft in recent months due to relentless increases in mining difficulty — without corresponding increases in Bitcoin price," he says.