Argo Mining Profitability and Expansion Update slide image

Argo Mining Profitability and Expansion Update

Financing Argo's Growth in 2022 Helios Phase 1 ▸ Commenced mining operations in May 2022 -$50 million additional capital required to complete infrastructure & machine purchases Bitcoin Potential sources of growth capital1: Debt ▸ Debt: Opportunistic and flexible financing options Bitcoin: Sell a portion of monthly Bitcoin production ▸ Equity: None currently anticipated in 2022 Illustrative Funding Split 13 1.This represents current plans, but we may need to seek alternative sources of capital, including equity, depending on market conditions and other factors. argo
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