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Argo Blockchain said to be working on an equity fundraising - sources

There is talk in the market that Argo Blockchain, the Bitcoin mining group listed in London, is working an equity fundraising.

People following the situation have heard rumours Argo Blockchain, which also has a US listing, could be looking to tap up shareholders for fresh cash, possibly via a placing.

Some people had heard brokers at Tennyson Securities were working on the deal for Argo Blockchain and were looking to raise the funds at around 10p a share. ..