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Khan Resources Inc. Company Links

(last updated 9 Mar 2018)

Khan Resources Inc.


Head Office

Khan Resources Inc.
The Exchange Tower
130 King St. W., Suite 3680
PO Box 99
Toronto, Ontario
Canada M5X 1B1
Tel: +1 416 599 8547, Fax: +1 416 599 4959

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> View SEDAR filings


Would-be uranium miner Khan Resources Inc. moves on to blockchain processing and cryptocurrency mining: Former uranium developer Khan won a US$70 million settlement from the Mongolian government in 2015 in return for snatching its Dornod project. In 2016, 99% of Khan's shareholders voted to liquidate the company and were handed $0.65 per share.
Khan changed its mind in May 2017, and now has a new plan. It has put $1.93 million into British Columbia firm Arctic Blockchain, which itself just took over a Swedish data centre that has positioned itself as a blockchain expert and cryptocurrency miner. The meat and veg of data centre operations has for a long time been providing companies with server space and cloud computing support. Now Hydro66 , 100% owned by Arctic Blockchain, says it uses cheap hydro power to mine cryptocurrencies and provide blockchain infrastructure. (Blockchain being the system where transactions are bounced around servers globally, which all check bona fides along the way, getting rid of the need to for a central clearing house like a bank) (Mining Journal Mar. 7, 2018)


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