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RNS Number : 7076H Argo Blockchain PLC 11 October 2024
Press Release
11 October 2024
Argo Blockchain plc
("Argo" or "the Company")
Dismissal of Class Action Lawsuit (Murphy vs. Argo)
Argo is pleased to announce that the class action lawsuit, Murphy vs. Argo
Blockchain plc et al, filed in the Eastern District of New York on 26 January
2023, and transferred to the Southern District of New York on 4 August 2023,
was dismissed on 9 October 2024, without prejudice and without leave to amend.
The Company has always maintained that the allegations were without merit and
is grateful for the resolution.
This announcement contains inside information.
For further information please contact:
Argo Blockchain
Investor Relations ir@argoblockchain.com (mailto:ir@argoblockchain.com)
Tennyson Securities
Corporate Broker +44 207 186 9030
Peter Krens
Fortified Securities
Joint Broker +44 74930989014
Guy Wheatley, CFA guy.wheatley@fortifiedsecurities.com
(mailto:guy.wheatley@fortifiedsecurities.com)
Tancredi Intelligent Communication argoblock@tancredigroup.com (mailto:argoblock@tancredigroup.com)
UK & Europe Media Relations
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.
For more information, visit (http://www.argoblockchain.com/)
www.argoblockchain.com (http://www.argoblockchain.com/) .
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