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IN BRIEF: Argo Blockchain Files Application For US OTC Market Trading

Tue, 29th Dec 2020 21:07

Argo Blockchain PLC - UK-based cryptocurrency miner - Files application with the US Financial Industry Regulatory Authority for its shares to be cross-traded publicly on the US OTCQB Venture Market. Says this will make its shares more widely available to North American investors, with additional trading on the US OTC market to have no impact on its existing shares traded on London's Main Market.

Chief Executive Peter Wall: "We want to make Argo available to US markets in order to gain access to a broader investor base and enhance our visibility in North America. We are already trading on OTCPK and we anticipate a full OTC listing with wider investor reach in the coming days."

Current stock price: 33.00 pence; up 74% on Tuesday

Year-to-date change: up sharply from 5.60p

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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