Argo Blockchain PLC Announces Closing of Transactions

Argo Blockchain PLC Announces Closing of Transactions

Closing of Transactions with Galaxy Digital Holdings, Ltd.

LONDON, UK/ ACCESSWIRE/ December 29, 2022/ Argo Blockchain plc (LSE: ARB)(NASDAQ: ARBK), an international leader in cryptocurrency mining, is delighted to reveal that it has actually closed the formerly revealed deals with Galaxy Digital Holdings, Ltd. (TSX: GLXY) (“Galaxy”). The Company has actually offered its Helios center in Dickens County, Texas for $65 million (₤ 54 million), re-financed its asset-backed loans, and participated in a hosting arrangement with Galaxy to keep Argo’s mining makers at the Helios center. Complete information of the deals were revealed in a statement on 28 December 2022.

For more info please contact:

Argo Blockchain

Peter Wall

President

[email protected]

finnCap Ltd

Business Finance

Jonny Franklin-Adams

Seamus Fricker

Joint Corporate Broker

Sunila de Silva

+44 207 220 0500

Tennyson Securities

Joint Corporate Broker

Peter Krens

+44 207 186 9030

Tancredi Intelligent Communication

UK & Europe Media Relations &

Salamander Davoudi

Emma Valgimigli

Fabio Galloni-Roversi Monaco

Nasser Al-Sayed

[email protected]

About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain innovation business concentrated on massive cryptocurrency mining. With mining centers in Quebec, mining operations in Texas, and workplaces in the United States, Canada, and the UK, Argo’s international, sustainable operations are mainly powered by renewable resource. In 2021, Argo ended up being the very first environment favorable cryptocurrency mining business, and a signatory to the Crypto Climate Accord. Argo likewise takes part in numerous Web 3.0, DeFi and GameFi jobs through its Argo Labs department, more adding to its service operations, in addition to the advancement of the cryptocurrency markets. For more details, check out www.argoblockchain.com.

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SOURCE: Argo Blockchain PLC

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