Bitfarms Announces Participation at the H.C. Wainwright Cryptocurrency, Blockchain & FinTech Conference on April 27, 2021 (...
April 22 2021 - 7:00AM
Bitfarms Ltd. (“
Bitfarms”, or the
“
Company”) (TSXV:BITF // OTC:BFARF), today
announces it will be featured as a presenting company at the H.C.
Wainwright Cryptocurrency, Blockchain & FinTech
Conference. The conference is being held on April 27,
2021 virtually.
Geoffrey Morphy, President, of Bitfarms, will
provide an overview of the Company's business during the
presentation. If you are an institutional or retail
investor and would like to listen to the Company’s presentation,
please register using the following link
(www.hcwevents.com/crypto). You may also listen to the company
presentation online using the link provided below, starting on
April 27 at 7:00 A.M. (ET) and archived for 90 days.
Over 30 corporate presentations and panels will be available live
and on-demand on April 27, 2021, starting at 7:00 A.M. (ET).
|
Event: |
H.C.
Wainwright Cryptocurrency, Blockchain & FinTech Conference
(Virtual Conference) |
|
Date: |
April 27, 2021 |
|
Time: |
7:00 AM (Eastern Time) |
|
Location: |
Virtual Conference |
|
Webcast Link: |
https://journey.ct.events/view/14ee6943-4b29-4156-952c-32865c3f3769 |
In addition, Bitfarms welcomes you to listen in on a panel
discussion featuring Ben Gagnon, Bitfarms’ Director of Mining
Operations and many of our publicly traded peers.
|
Panel: |
Crypto Mining:
Technology, Flexibility, and Sustainability Panel (Virtual
Conference) |
|
Date: |
April 27, 2021 |
|
Time: |
10:00 AM – 11:00 AM (Eastern Time) |
|
Location: |
Virtual Conference |
|
Webcast Link: |
https://journey.ct.events/view/af503c51-cf4d-46dc-866c-885a1652d0bb |
About H.C. Wainwright &
Co.
H.C. Wainwright is a full‐service investment
bank dedicated to providing corporate finance, strategic advisory
and related services to public and private companies across
multiple sectors and regions. H.C. Wainwright & Co.
also provides research and sales and trading services to
institutional investors. According to Sagient
Research Systems, H.C. Wainwright’s team is ranked as the #1
Placement Agent in terms of aggregate CMPO (confidentially marketed
public offering), RD (registered direct offering) and PIPE (private
investment in public equity) executed cumulatively since 1998.
For more information visit H.C. Wainwright & Co. on the web
at www.hcwco.com
About Bitfarms Ltd.
Founded in 2017, Bitfarms is a Bitcoin mining
company. Bitfarms run vertically integrated mining operations with
onsite technical repair, data analytics and engineers to deliver
high performance and uptime of operations.
Having demonstrated rapid growth and stellar
operations, Bitfarms became the first Bitcoin mining company to
complete its long form prospectus with the Ontario Securities
Commission and started trading on the TSX-V in July 2019. Bitfarms
is currently listed as a Rising Star by the TSX-V.
Bitfarms has a diversified production platform
with five industrial scale facilities located in Québec. Each
facility is 100% powered with environmentally friendly hydro power
and secured with long-term power contracts. Bitfarms is currently
the only publicly traded pure-play mining company audited by a Big
Four audit firm.
Cautionary Statement
Trading in the securities of the Company should
be considered highly speculative. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain
“forward-looking information” within the meaning of applicable
securities laws that are based on expectations, estimates and
projections as at the date of this news release. The information in
this release about future plans and objectives of the Company is
forward-looking information. Other forward-looking information
includes, but is not limited to, information concerning: the
intentions, plans and future actions of the Company, as well as
Bitfarms’ ability to successfully mine digital currency, revenue
increasing as currently anticipated, the ability to profitably
liquidate current and future digital currency inventory, volatility
of network difficulty and digital currency prices and the resulting
significant negative impact on the Company’s operations, the
construction and operation of expanded blockchain infrastructure as
currently planned, and the regulatory environment of cryptocurrency
in the applicable jurisdictions.
Any statements that involve discussions with
respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions, future events or performance (often but
not always using phrases such as “expects”, or “does not expect”,
“is expected”, “anticipates” or “does not anticipate”, “plans”,
“budget”, “scheduled”, “forecasts”, “estimates”, “believes” or
“intends” or variations of such words and phrases or stating that
certain actions, events or results “may” or “could”, “would”,
“might” or “will” be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking
information and are intended to identify forward-looking
information.
This forward-looking information is based on
reasonable assumptions and estimates of management of the Company
at the time it was made, and involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking information. Such
factors include, among others, risks relating to: the global
economic climate; dilution; the Company’s limited operating
history; future capital needs and uncertainty of additional
financing; the competitive nature of the industry; currency
exchange risks; the need for the Company to manage its planned
growth and expansion; the effects of product development and need
for continued technology change; protection of proprietary rights;
the effect of government regulation and compliance on the Company
and the industry; network security risks; the ability of the
Company to maintain properly working systems; reliance on key
personnel; global economic and financial market deterioration
impeding access to capital or increasing the cost of capital; and
volatile securities markets impacting security pricing unrelated to
operating performance. In addition, particular factors that could
impact future results of the business of Bitfarms include, but are
not limited to: the construction and operation of blockchain
infrastructure may not occur as currently planned, or at all;
expansion may not materialize as currently anticipated, or at all;
the digital currency market; the ability to successfully mine
digital currency; revenue may not increase as currently
anticipated, or at all; it may not be possible to profitably
liquidate the current digital currency inventory, or at all; a
decline in digital currency prices may have a significant negative
impact on operations; an increase in network difficulty may have a
significant negative impact on operations; the volatility of
digital currency prices; the anticipated growth and sustainability
of hydroelectricity for the purposes of cryptocurrency mining in
the applicable jurisdictions, the ability to complete current and
future financings, any regulations or laws that will prevent
Bitfarms from operating its business; historical prices of digital
currencies and the ability to mine digital currencies that will be
consistent with historical prices; an inability to predict and
counteract the effects of COVID-19 on the business of the Company,
including but not limited to the effects of COVID-19 on the price
of digital currencies, capital market conditions, restriction on
labour and international travel and supply chains; and, the
adoption or expansion of any regulation or law that will prevent
Bitfarms from operating its business, or make it more costly to do
so. For further information concerning these and other risks and
uncertainties, refer to the Company’s filings on www.SEDAR.com
including the annual information form for the year ended December
31, 2020, filed on April 7, 2021. The Company has also assumed that
no significant events occur outside of Bitfarms’ normal course of
business. Although the Company has attempted to identify important
factors that could cause actual results to differ materially from
those expressed in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
information. The Company undertakes no obligation to revise or
update any forward-looking information other than as required by
law.
Contacts
Investor Relations:
CORE IR+1 516 222
2560Investors@bitfarms.com
For Media Inquiries:
US/Global Media:
Core
IR
Jules Abraham, Director of Public Relationsjulesa@coreir.com
YAP
GlobalMia Grodsky, Account Executivemia@yapglobal.com
Québec Media:
Ryan Affaires publiques Marc
Duchesne, Directeur / Directormarc@ryanap.com
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