Hydro66 Announces Additional Advance Under Convertible Loan
Toronto, Ontario--(Newsfile Corp. - June 2, 2020) - Hydro66 Holdings Corp. (CSE: SIX) (the "Company" or "Hydro66") announces that today it has requested and received additional advances of USD$172,000 and CDN$128,000 pursuant to a secured convertible loan agreement with certain shareholders and directors of the Company dated March 31, 2020 (the "Loan Agreement"). In connection with the initial advances made pursuant to the Loan Agreement the Company issued secured convertible promissory notes...
2020-06-02 5:30 PM EDT
Hydro66 Announces Entering into of Convertible Loan Agreement
Toronto, Ontario--(Newsfile Corp. - March 31, 2020) - 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 David Rowe, a significant shareholder and a director of the Company, and with Robert Keith, a significant shareholder of the Company (the "Loan Agreement"). The maximum amount of the loan will be USD$1,000,000 (the "Loan") in the aggregate, convertible at the market price of the...
2020-03-31 5:15 PM EDT
Hydro66 and maincubes Sign Partnership for European Hyperscale and HPC Coverage
Boden, Sweden--(Newsfile Corp. - March 11, 2020) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is delighted to announce a new partnership with maincubes, a data center operator located in Germany and the Netherlands. Hydro66, the ultra-low emissions colocation and cloud infrastructure provider, and maincubes, the colocation data center operator with facilities in Frankfurt and Amsterdam, have agreed to partner in delivering next generation architecture for...
2020-03-11 8:30 AM EDT
Hydro66 Announces New AI Cloud Customer
Boden, Sweden--(Newsfile Corp. - March 4, 2020) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company"), the ultra-low emissions cloud infrastructure provider, is delighted to announce a new Artificial Intelligence (AI) cloud computing customer, offering services from their award-winning Boden data center. Puzl, an Estonia-based AI company brings a new technical and economic proposition to the AI community - container as a service cloud computing at a market beating...
2020-03-04 4:40 PM EST
Hydro66 Announces Additional Advance Under Convertible Loan
Boden, Sweden--(Newsfile Corp. - November 14, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") 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...
2019-11-14 1:07 PM EST
Hydro66 Announces Open Compute Project (OCP) Amsterdam Regional Summit Sponsorship
Boden, Sweden--(Newsfile Corp. - September 26, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the Company is sponsoring the European Regional Summit for the Open Compute Project. This successful annual event brings together the OCP community from around the world to share innovation and best practice most relevant to the European market. Hydro66 previously announced that their data center facility in Northern Sweden is an OCP...
2019-09-26 8:00 AM EDT
Hydro66 Announces Appointment of David Rowe as Chief Executive Officer
Boden, Sweden--(Newsfile Corp. - September 23, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the appointment of David Rowe as Chief Executive Officer ("CEO") to lead the company through its next stages of growth. David succeeds Anne Graf who has accepted a senior role with Facebook based in Luleå, Sweden. David Rowe was formerly the founder and CEO of Easynet Group, a $350m global enterprise cloud services business built from...
2019-09-23 8:00 AM EDT
Hydro66 Confirms Operational Expansion and Efficiency Improvement of Blockchain Infrastructure
Boden, Sweden--(Newsfile Corp. - September 17, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that its new ASIC equipment is now fully operational. Following the capital raise announced on July 12th, 2019, and subsequently announced purchase of equipment on July 18th, the Company expected the equipment to be fully operational within 8 weeks, and is delighted to have delivered on this commitment. This brings the Company's total...
2019-09-17 12:15 PM EDT
Nexedi selects Hydro66 for Open Compute Project colocation services for new IaaS cloud infrastructure platform
Boden, Sweden--(Newsfile Corp. - September 6, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce Nexedi as a further client addition to the Enterprise colocation data center business. Headquartered in France, Nexedi is an innovative Enterprise solution provider focused on delivering open source software and hardware to solve complex business applications issues (such as Enterprise Resource Planning and Customer Relationship Management)...
2019-09-06 8:00 AM EDT
Hydro66 Appoints Experienced Sales and Marketing Leadership in Benelux and France Region
Boden, Sweden--(Newsfile Corp. - September 5, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the enhancement of its sales and marketing capability in Belgium, the Netherlands, France and the wider Western Europe region. Patrick Smidts has been appointed as Commercial Director at innovative and fast-growing Swedish colocation data center operator Hydro66. Smidts will be responsible for further developing colocation services and...
2019-09-05 12:40 PM EDT
Hydro66 announces strong quarter on quarter growth and H1 2019 interims
Boden, Sweden--(Newsfile Corp. - August 29, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the release of its H1 2019 results and Management Discussion & Analysis (MD&A) documents. Hydro66 continues to be well positioned to take advantage of the exponential growth in data and environmental computing trends by providing access to low-cost, green energy in an ultra-efficient hyperscale colocation data center. The company has already...
2019-08-29 8:00 AM EDT
Hydro66 Announces Further Expansion of Cryptocurrency Operations
Boden, Sweden--(Newsfile Corp. - July 18, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that is has completed the purchase of new ASIC equipment to further expand the Company's blockchain services operations at its award-winning data center in Sweden. Following the capital raise announced on July 12th, 2019, the Company has acted decisively to secure equipment early in the current crypto cycle. The new equipment is scheduled to be...
2019-07-18 2:11 PM EDT
Hydro66 Announces Open Compute Project Colocation Facility Compliance
Boden, Sweden--(Newsfile Corp. - July 17, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce the Company has been formally certified by the Open Compute Project (OCP) as an OCP Ready™ Colo Facility. OCP is a collaborative community focused on redesigning hardware technology to efficiently support the growing demands on compute infrastructure, most recently including a standard for innovative colocation data centers like Hydro66. Steve...
2019-07-17 4:47 PM EDT
Hydro66 Closes Private Placement Financing for Gross Proceeds of $1.8 Million and Withdraws from Merger with Whinstone
Boden, Sweden--(Newsfile Corp. - July 12, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement, raising gross proceeds of $1,824,975 through the issuance of 3,649,950 units ("Units") of the Company at a price of C$0.50 per Unit (the "Offering"). Each unit is comprised of one common share (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant...
2019-07-12 5:15 PM EDT
Hydro66 Announces Purchase of Additional ASIC Equipment
Boden, Sweden--(Newsfile Corp. - June 27, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce that is has purchased new mining equipment to expand the Company's cryptocurrency operations at its facilities in Sweden. The new equipment will be fully operational within 10 weeks and will bring Hydro66's total owned ASIC and GPU capacity up to 31.5 PH/s running 2.6 MW of power. The Company also advises that it continues to see a substantial...
2019-06-27 4:37 PM EDT
Hydro66 Announces Fully Allocated Private Placement Financing
Boden, Sweden--(Newsfile Corp. - June 25, 2019) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is pleased to announce a fully allocated non-brokered private placement financing (the "Offering") of up to 6,000,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Unit Price") for gross proceeds of up to C$3,000,000. EMD Financial Inc. is acting as finder for the Offering. The net proceeds from the offering will be used to purchase...
2019-06-25 8:00 AM EDT
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...
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