REG - Argo Blockchain PLC - Term Sheet Cancellation

Argo BlockchainAnnouncement

17/03/2025 12:15

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RNS Number : 9671A  Argo Blockchain PLC  17 March 2025

Press Release

17 March 2025

Argo Blockchain plc

("Argo" or "the Company")

Argo Provides an Update on Financing Discussions

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES.

 

Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) announces that the Company is no
longer in financing discussions with the counter party referenced in the press
release on 3 March 2025. The Company is in discussions with other interested
parties and continues to work with its advisor Stifel. We will update the
market as appropriate.

This news release does not constitute an offer to sell or a solicitation of an
offer to buy any securities in the United States. No securities may be offered
or sold in the United States or to U.S. persons (as defined in Regulation S
under the United States Securities Act of 1933, as amended (the "1933 Act"))
unless the securities have been registered under the 1933 Act and all
applicable state securities laws, or are otherwise exempt from such
registration.

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 7493 989014

 Guy Wheatley, CFA                   guy.wheatley@fortifiedsecurities.com
 Tancredi Intelligent Communication   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 a mining
facility in Quebec 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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