Hut 8 Mining Corp. (TSX: HUT) (“Hut 8” or the “Company”) announces that its annual general and special meeting of shareholders (the “Meeting”) will be held on June 23, 2021. Further details of the Meeting, which will be held virtually via live video webcast, will be included in a management information circular expected to be mailed the week of May 24.
Following the announcement of its intention to seek a NASDAQ listing, the Board of Directors of Hut 8 (the “Board”) has reaffirmed its commitment to diversity and inclusion with the appointment of Alexia Hefti, Esq. to the Company’s Board.
Ms. Hefti, CEO of eGovern.com, is a Canadian-Swiss entrepreneur and lawyer qualified to practice law in New York. An early leader in the global blockchain and crypto industry, Alexia co-founded Deloitte’s blockchain tax practice in Canada and Dubai and has significant experience advising national governments, regulators and multilateral finance development institutions in the Middle East, Caribbean and the United Nations. Currently, her work focuses on advising national governments on how to prepare for, design and implement blockchain-enabled government services to increase citizen engagement and democratic governance, essential counsel to the future of the industry.
“The Board and Executive team are delighted to welcome Alexia to Hut 8. A driving force in this industry in Canada, she is a young leader that stands out for her skill, professionalism, and experience,” said Jaime Leverton CEO of Hut 8. “Together our Company and the Board have expressed a long-term commitment to advancing diversity and our ESG aligned priorities. Alexia’s experience and appointment will enable us to continue to advance our objectives of strengthening diverse perspectives and leadership across our Board.”
The Board has also accepted the resignations of Mr. Sanjiv Samant and Mr. Chris Eldredge as directors of the Company. The Company thanks Mr. Samant and Mr. Eldredge for their service to the Board.
With the appointment of Ms. Hefti, the Company’s Board is comprised of a majority of independent directors consisting of Mr. Joseph Flinn, Mr. Bill Tai (Chairman), and Ms. Hefti. Mr. Jeremy Sewell will continue to serve as BitFury Holdings’ nominee pursuant to the existing Investor Rights Agreement, and Hut 8’s CEO, Jaime Leverton will continue in her role on the Board.
At the Meeting, Mr. Flinn, Mr. Tai, Ms. Hefti, Mr. Sewell and Ms. Leverton will be put forward as nominees for election to the Board by the shareholders to serve as directors of Hut 8 following the Meeting.