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Bitfarms Announces Results of Special Meeting of Shareholders

TORONTO & BROSSARD, Québec–(BUSINESS WIRE)–Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV:BITF), announced today the results of the Special Meeting of Shareholders held September 16, 2019.

A total of 31,454,859 shares (approximately 55.11% of 57,079,325 outstanding common shares as of the record date) were represented in person or by proxy. A resolution approving, ratifying and confirming the Company’s Incentive Stock Option Plan was passed by shareholders as follows:

Vote For

% Votes For

Votes Against

% Votes Against

31,433,563

99.932

21,295

0.068

A resolution approving, ratifying and confirming outstanding option grants made pursuant to the Company’s Incentive Stock Option Plan was passed by shareholders as follows:

Vote For

% Votes For

Votes Against

% Votes Against

31,433,563

99.932

21,295

0.068

About Bitfarms Ltd.

The Company owns and operates computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, Bitfarms operates 5 computing centres in Québec, Canada. Bitfarms’ experienced management team includes industrial-scale data centre operators and capital markets professionals, focused on building infrastructure for the future by developing and hosting the ecosystem growing around blockchain-based technologies.

Keep up-to-date on Bitfarms’ events, developments and online communities:

Facebook
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LinkedIn

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

For investor inquiries:
Sonia Tercas

Director, Investor Relations

+1.647.348.9207

stercas@bitfarms.io

For media inquiries:
Bahador Zabihiyan

Director of Public Relations

+1.514.536.0145

bahador@bitfarms.io

(c)2018 Business Wire Inc., All rights reserved.
Original Release: Business Wire

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