Digihost Announces US$5.35 Million Private Placement

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HOUSTON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to announce that the Company has entered into subscription agreements with certain investors for gross proceeds of up to US$5.35 million in a private placement of its equity securities (the “Private Placement”), comprised of 2,026,516 subordinate voting shares of the Company (“Shares”) and warrants (the “Warrants”) exercisable for up to 1,013,258 Shares of the Company, at a combined purchase price of US$2.64. The Company reserves the right to accept additional subscriptions to increase the size of the Private Placement by up to an additional 25%. Each Warrant has a per Share exercise price of US$3.66 and an exercise period of three years from the issuance date.

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