Argo Blockchain PLC Change in Executive Management (4812O)
February 01 2023 - 2:00AM
UK Regulatory
TIDMARB
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
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finnCap Ltd
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Corporate Finance
Jonny Franklin-Adams
Seamus Fricker
Joint Corporate Broker
Sunila de Silva +44 207 220 0500
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Tennyson Securities
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Joint Corporate Broker
Peter Krens +44 207 186 9030
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Tancredi Intelligent Communication
UK & Europe Media Relations
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Salamander Davoudi argoblock@tancredigroup.com
Emma Valgimigli
Fabio Galloni-Roversi Monaco
Nasser Al-Sayed
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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
www.argoblockchain.com .
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END
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