REG - Argo Blockchain PLC - Change in Executive Management

Argo BlockchainAnnouncement

01/02/2023 07:00

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RNS Number : 4812O  Argo Blockchain PLC  01 February 2023

Press Release

1 February 2023

Argo Blockchain plc

("Argo" or "the Company")

 

Change in Executive Management

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB;
NASDAQ: ARBK), announces that following the successful completion of the sale
of the Helios facility to Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy")
on 29 December 2022, Alex Appleton has resigned from his positions as Chief
Financial Officer and Executive Director to pursue other opportunities.

Argo has engaged an executive search firm to assist with the process of
selecting a replacement Chief Financial Officer. The Company has also engaged
BDO Canada LLP to assist the Company's Chief Operating Officer, Seif El-Bakly,
CFA, with accounting and advisory services during the search phase.

Mr. Appleton said, "I am very proud of what we have achieved over my time
with Argo. The business has great potential, and I wish the Argo team all the
best for the future."

Argo Chief Executive Peter Wall said, "On behalf of the Argo team, I thank
Alex for his hard work and significant contributions during his two and a half
years with the Company."

For further information please contact:

 Argo Blockchain
 Peter Wall                          ir@argoblockchain.com

 Chief Executive
 finnCap Ltd
 Corporate Finance                   +44 207 220 0500

 Jonny Franklin-Adams

 Seamus Fricker

 Joint Corporate Broker

 Sunila de Silva
 Tennyson Securities
 Joint Corporate Broker              +44 207 186 9030

 Peter Krens
 Tancredi Intelligent Communication

 UK & Europe Media Relations
 Salamander Davoudi                   argoblock@tancredigroup.com

 Emma Valgimigli

 Fabio Galloni-Roversi Monaco

 Nasser Al-Sayed

 

About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain
technology company focused on large-scale cryptocurrency mining. With mining
facilities in Quebec, mining operations in Texas, and offices in the US,
Canada, and the UK, Argo's global, sustainable operations are predominantly
powered by renewable energy. In 2021, Argo became the first climate positive
cryptocurrency mining company, and a signatory to the Crypto Climate Accord.
Argo also participates in several Web 3.0, DeFi and GameFi projects through
its Argo Labs division, further contributing to its business operations, as
well as the development of the cryptocurrency markets. For more information,
visit (http://www.argoblockchain.com/) www.argoblockchain.com
(http://www.argoblockchain.com/) .

 

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