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Argo Blockchain: Marks to Trade on the OTCQB Undertaking Market in the US

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Shivangi Mujumdar Follow

INDIA

Jan, 08 2021

Jan, 08 2021

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Argo Blockchain, the important cryptocurrency miner founded in the U.K., is pleased to publicize that it has filed form with FINRA, the Financial Industry Regulatory Authority, for the Company's shares to be cross-traded publicly on the U.S. OTCQB Venture Market ("OTCQB"), under the ticker ARBKF, which would make Argo’s shares more broadly accessible to North American investors.

Argo is a worldwide leader in cryptocurrency mining with one of the world’s major and most well-organized operations. The Company is headquartered in London and its bonds are recorded on the Main Market of the London Stock Exchange beneath the ticker ARB. The company’s mining services are positioned in strategic locations all through North America. Argo’s total mining volume is 16,000 machines and 645 petahash in totaling to 280 Megasols of equihash mining capability.

The OTCQB market delivers a platform for a wide range of companies to be able to trade their shares on a major US exchange. In specific, this market delivers a facility for North American investors to trade in a varied range of non-US companies whose shares are listed externally. Trades on this market are commenced in the North American time zone.

Argo carried on cumulative its actions and last month went into a tools lease agreement with Celsius Networks. It was for 4,500 Bitmain Antminer S19 and S19 pro miners that lasted for a period of 24 months.

Peter Wall, Chief Executive of Argo Blockchain, stated that we have been required to make Argo accessible to U.S. markets for quite some time. We are previously trading on OTCPK and we expect a full OTC listing with broader investor influence in the coming days. This listing signifies an important milestone in the growth of Argo as we gain contact to a wider investor base and improve our visibility in the North American markets.


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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