Argo Blockchain PLC Announces Change in Executive Management

Change in Govt Administration

LONDON, UK / ACCESSWIRE / February 1, 2023 / Argo Blockchain plc (“Argo” or “the Firm”), a world chief in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), pronounces that following the profitable 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 Monetary Officer and Govt Director to pursue different alternatives.

Argo has engaged an government search agency to help with the method of choosing a alternative Chief Monetary Officer. The Firm has additionally engaged BDO Canada LLP to help the Firm’s Chief Working Officer, Seif El-Bakly, CFA, with accounting and advisory companies in the course of the search part.

Mr. Appleton stated, “I’m very pleased with what we’ve got achieved over my time with Argo. The enterprise has nice potential, and I want the Argo group all the perfect for the longer term.”

Argo Chief Govt Peter Wall stated, “On behalf of the Argo group, I thank Alex for his laborious work and important contributions throughout his two and a half years with the Firm.”

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About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain expertise firm targeted on large-scale cryptocurrency mining. With mining services in Quebec, mining operations in Texas, and workplaces within the US, Canada, and the UK, Argo’s international, sustainable operations are predominantly powered by renewable vitality. In 2021, Argo grew to become the primary local weather optimistic cryptocurrency mining firm, and a signatory to the Crypto Local weather Accord. Argo additionally participates in a number of Internet 3.0, DeFi and GameFi initiatives by means of its Argo Labs division, additional contributing to its enterprise operations, in addition to the event of the cryptocurrency markets. For extra info, go to www.argoblockchain.com.

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SOURCE: Argo Blockchain PLC