Bitfarms Announces Toronto Stock Exchange Deferral of Consideration of Shareholder Rights Plan

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Bitfarms Ltd.

Bitfarms Ltd.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.

TORONTO, Ontario and BROSSARD, Québec, June 10, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms” or the “Company”), a global Bitcoin vertically integrated company, today announced that it has been notified by the Toronto Stock Exchange (the “TSX”) that the TSX will defer its consideration of the acceptance of the Company’s tactical shareholder rights plan (the “Rights Plan”), as announced earlier today, until: (i) such time as it is satisfied that the appropriate securities commission will not intervene pursuant to National Policy 62-202; and (ii) the ratification of the Rights Plan by the shareholders of the Company by no later than December 10, 2024.

A deferral of acceptance of the…

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