April 22 (Reuters) - HIVE Blockchain Technologies Ltd HIVE.V :
* GENESIS MINING ATTEMPTS TO TAKE OVER HIVE BLOCKCHAIN BOARD IN REACTION TO DEMAND FOR RETURN OF US$50 MILLION FROM GENESIS AND RESOLUTION OF MATERIAL BREACHES OF THE MASTER SERVICE AGREEMENT
* HIVE BLOCKCHAIN TECHNOLOGIES - ON APRIL 19 GENESIS MINING REQUISITIONED MEETING OF SHAREHOLDERS FOR PURPOSE OF REMOVING DIRECTORS INDEPENDENT OF GENESIS
* HIVE BLOCKCHAIN - ON APRIL 20 HIVE BOARD APPOINTED INDEPENDENT SPECIAL COMMITTEE TO DEAL WITH REQUISITION, RELATED DISPUTES BETWEEN GENESIS & CO
* HIVE BLOCKCHAIN - MEETING REQUISITION IN REACTION TO FORMAL NOTICE WHICH CO PROVIDED ON APRIL 2, 2019 TO GENESIS REGARDING MATERIAL BREACHES OF MSA
* HIVE BLOCKCHAIN TECHNOLOGIES LTD - HIVE ESTIMATES THAT VARIOUS BREACHES ARE VALUED AT ABOUT US$50 MILLION TO HIVE
* HIVE BLOCKCHAIN TECHNOLOGIES - UNDER MSA, UNLESS MATERIAL BREACHES ARE CURED, HIVE WILL HAVE RIGHT TO TERMINATE MSA, APPLICABLE SERVICES ORDERS FOR CAUSE
* HIVE BLOCKCHAIN - ACTIVELY SEEKING ALTERNATIVE SERVICE PROVIDERS TO GENESIS IN PARTICULAR WITH RESPECT TO CO'S EQUIPMENT, OPERATIONS IN SWEDEN