6-K 1 a8968u.htm CELSIUS RESOLUTION OF CLAIMS a8968u
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
_____________________
 
FORM 6-K
 
_____________________
 
REPORT OF FOREIGN PRIVATE ISSUER
 
PURSUANT TO RULE 13a-16 OR 15d-16
 
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of December, 2021
 
Commission File Number: 001-40816
 
_____________________
 
Argo Blockchain plc
 
(Translation of registrant’s name into English)
 
_____________________
 
9th Floor
 
16 Great Queen Street
 
London WC2B 5DG
 
England
 
(Address of principal executive office)
 
_____________________
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
 
 
 
EXHIBIT INDEX
 
Exhibit No.
1
 
Description
Celsius Resolution of Claims dated 8 December 2021
 
 
 
 
 
Press Release
 
08 December 2021
 
 
Argo Blockchain PLC
 
("Argo" or "the Company")
 
Celsius Resolution of Claims
 
 
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK) announces that they have reached an amicable resolution with Celsius, of their respective claims in the litigation pending in New Jersey federal court. Pursuant to the resolution: (i) the parties entered into an amendment terminating their November 2, 2020 lease agreement, whereby Argo paid Celsius US $6,320,947.64 in satisfaction of its remaining financial obligations to Celsius and Celsius conveyed title to Argo for the Bitmain S19 Antminer S19 Pro mining machines covered by the lease and (ii) Argo agreed to terminate its mining services arrangement with Celsius in return for a payment from Celsius to Argo in the form of Bitcoin.  The remaining terms of the resolution were not disclosed.
 
 
 
 
For further information please contact:
 
Argo Blockchain
 
Peter Wall
Chief Executive
via Tancredi +44 203 434 2334
 
finnCap Ltd
 
Corporate Finance
Jonny Franklin-Adams
Tim Harper
Joint Corporate Broker
Sunila de Silva
+44 207 220 0500
 
 
Tennyson Securities
 
Joint Corporate Broker
Peter Krens
+44 207 186 9030
OTC Markets
 
Jonathan Dickson
jonathan@otcmarkets.com
+44 204 526 4581
+44 7731 815 896
Tancredi Intelligent Communication
UK & Europe Media Relations
 
Emma Valgimigli
Emma Hodges
Salamander Davoudi
Fabio Galloni-Roversi Monaco
argoblock@tancredigroup.com
+44 7727 180 873
+44 7861 995 628
+44 7957 549 906
+44 7888 672 701
 
 
About Argo:
 
Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB and on the Nasdaq Global Select Market in the United States under the ticker: ARBK.
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Date: 8 December, 2021
ARGO BLOCKCHAIN PLC
By:
Name: Peter WallTitle: Chief Executive Officer
 
Name: Davis ZaffeTitle: General Counsel