REG - Argo Blockchain PLC - Information regarding Growler

London Stock Exchange
2025.07.01 08:10
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Argo Blockchain PLC has provided information regarding its counterparty and lender, Growler Mining, LLC, following a proposed restructuring announcement. Growler, owned by entrepreneur Stan Pate, operates cryptocurrency mining facilities in Alabama and is exploring opportunities in AI infrastructure. Argo Blockchain, a dual-listed company focused on large-scale cryptocurrency mining, emphasizes its commitment to sustainable operations powered by renewable energy. For further inquiries, contact Argo Blockchain Investor Relations or their corporate brokers.

RNS Number : 1769P Argo Blockchain PLC 01 July 2025

Press Release

1 July 2025

Argo Blockchain plc

("Argo" or "the Company")

Information regarding Growler

Further to its announcement on 30 June 2025 concerning a proposed restructuring, Argo Blockchain PLC (LSE: ARB, NASDAQ: ARBK) discloses the following information regarding its counterparty and lender, Grower Mining, LLC (n/k/a Growler Mining Tuscaloosa, LLC) ("Growler"):

Growler is a privately held company wholly owned by Stan Pate, a veteran entrepreneur with over 45 years of experience in commercial real estate, oil and gas, and emerging technologies. The company currently operates cryptocurrency mining facilities in Alabama and serves as a platform for Mr. Pate's broader investment and development initiatives. Growler is also actively exploring opportunities in the evolving AI infrastructure space, leveraging its existing digital capabilities to support the next generation of compute-intensive technologies.

For further information please contact:

Argo Blockchain

Investor Relations

ir@argoblockchain.com

Tennyson Securities

Corporate Broker

Peter Krens

+44 207 186 9030

Fortified Securities

Joint Broker

Guy Wheatley, CFA

+44 7493 989014

guy.wheatley@fortifiedsecurities.com

About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With a mining facility in Quebec 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. For more information, visit www.argoblockchain.com.

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