Riot Blockchain, Inc. Announces $1.00 Charitable Donation

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CASTLE ROCK, Colo., July 08, 2022 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or the “Firm”), an trade chief in Bitcoin (“BTC”) mining and internet hosting is happy to announce that, to precise its appreciation for stockholder participation, Riot will make a charitable donation of $1.00 in Bitcoin to No Child Hungry on behalf of each distinctive stockholder that votes for issues pertaining to the Firm’s upcoming Annual Basic Assembly of stockholders (the “AGM”). As many as 13 million kids in america dwell in meals insecure properties, that means their households shouldn’t have sufficient meals for each member of the family to guide a wholesome life. No Child Hungry is a nationwide marketing campaign dedicated to ending youngster starvation in america via quite a lot of meals applications. A $50 present to No Child Hungry helps to supply as much as 500 meals for a kid battling starvation. As a stockholder, not solely will your vote be used to find out essential enterprise choices, however it would additionally contribute to a fantastic trigger.

The proxy voting deadline is 11:59 p.m. ET on July 26, 2022.

We encourage you to vote effectively prematurely of the deadline.

Proposal


Board Advice

1.


Election of Hubert Marleau to serve on the Board of Administrators.


“FOR”

 


 

 
 

2.


Ratification of the appointment of Marcum LLP because the Firm’s unbiased registered public accounting agency.


“FOR”

 


 

 
 

3.


Approval, on an advisory foundation, of the compensation of the Named Govt Officers as disclosed within the Proxy Assertion.


“FOR”

 


 

 
 

4.


Approval to amend the Articles of Incorporation of Riot Blockchain, Inc. to extend the variety of shares of widespread inventory approved for issuance.


“FOR”

 


 

 
 

5.


Approval of the Third Modification to the Riot Blockchain, Inc. 2019 Fairness Incentive Plan to extend the variety of shares reserved for issuance.


“FOR”

Riot Blockchain AGM

The AGM is scheduled for 9:00 a.m. (Jap Time) on Wednesday, July 27, 2022, on-line at www.virtualstockholdermeeting.com/RIOT2022.

Further info in regards to the proposals could be discovered within the definitive proxy assertion dated June 17, 2022.

HOW TO VOTE

Please vote your shares, by way of the strategies as set out beneath, by following the directions included in your proxy card:

Vote by Web:
Vote by Telephone: 1-866-620-9211 or 1-800-690-6903
Vote by Mail: c/o Broadridge, 51 Mercedes Manner, Edgewood, NY 11717.

Essential Data

This communication could also be deemed to be solicitation materials in reference to the proposals to be thought of on the Firm’s upcoming AGM. In reference to the proposals, Riot filed a definitive proxy assertion on Schedule 14A with the U.S. Securities and Alternate Fee (the “SEC”) on June 17, 2022. Stockholders are urged to learn the definitive proxy assertion and all different related paperwork filed with the SEC as a result of they comprise essential details about the proposals. An digital copy of the definitive proxy assertion is offered on the Firm’s EDGAR profile at www.sec.gov.

Contributors within the Solicitation

Riot and its administrators and govt officers could also be deemed to be members within the solicitation of proxies from Riot Blockchain stockholders in respect of the proposals to be thought of on the Firm’s upcoming AGM. Details about the administrators and govt officers of Riot Blockchain could be present in its Annual Report on Kind 10-Okay for the yr ended December 31, 2021, as amended on Kind 10-Okay/A, filed with the SEC on March 16, 2022 and Could 2, 2022 respectively, filings on Kind 3, 4 and 5 filed with the SEC, and the Firm’s definitive proxy assertion for the upcoming AGM filed with the SEC on June 17, 2022.

About Riot Blockchain, Inc.

Riot Blockchain’s (NASDAQ: RIOT) imaginative and prescient is to be the world’s main Bitcoin-driven infrastructure platform.

Our mission is to positively affect the sectors, networks and communities that we contact. We imagine that the mix of an progressive spirit and robust group partnership permits the Firm to attain best-in-class execution and create profitable outcomes.

Riot is a Bitcoin mining and digital infrastructure firm centered on a vertically built-in technique. The Firm has Bitcoin mining information middle operations in central Texas, Bitcoin mining operations in central Texas and upstate New York, and electrical switchgear engineering and fabrication operations in Denver, Colorado.

For extra info, go to www.RiotBlockchain.com.

Investor Relations

Phil McPhersonRiot Blockchain, Inc.303-794-2000 ext. 110[email protected]

Secure Harbor

Statements on this press launch that aren’t historic information are forward-looking statements that replicate administration’s present expectations, assumptions, and estimates of future efficiency and financial circumstances. Such statements depend on the secure harbor provisions of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934. As a result of such statements are topic to dangers and uncertainties, precise outcomes could differ materially from these expressed or implied by such forward-looking statements. Phrases comparable to “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and related expressions are meant to determine forward-looking statements. These forward-looking statements could embrace, however are usually not restricted to, statements about the advantages of acquisitions, together with monetary and working outcomes, and the Firm’s plans, targets, expectations, and intentions. Among the many dangers and uncertainties that would trigger precise outcomes to vary from these expressed in forward-looking statements embrace, however are usually not restricted to: unaudited estimates of Bitcoin manufacturing; our future hash fee progress (EH/s); the anticipated advantages, development schedule, and prices related to the Navarro web site growth; our anticipated schedule of latest miner deliveries; our potential to efficiently deploy new miners; M.W. capability underneath growth; we could not have the ability to understand the anticipated advantages from immersion-cooling; the mixing of acquired companies is probably not profitable, or such integration could take longer or be harder, time-consuming or expensive to perform than anticipated; failure to in any other case understand anticipated efficiencies and strategic and monetary advantages from our acquisitions; and the affect of COVID-19 on us, our clients, or on our suppliers in reference to our estimated timelines. Detailed info concerning the components recognized by the Firm’s administration which they imagine could trigger precise outcomes to vary materially from these expressed or implied by such forward-looking statements on this press launch could also be discovered within the Firm’s filings with the U.S. Securities and Alternate Fee (the “SEC”), together with the dangers, uncertainties and different components mentioned underneath the sections entitled “Threat Components” and “Cautionary Word Relating to Ahead-Trying Statements” of the Firm’s Annual Report on Kind 10-Okay for the fiscal yr ended December 31, 2021, as amended, and the opposite filings the Firm makes with the SEC, copies of which can be obtained from the SEC’s web site, www.sec.gov. All forward-looking statements included on this press launch are made solely as of the date of this press launch, and the Firm disclaims any intention or obligation to replace or revise any such forward-looking statements to replicate occasions or circumstances that subsequently happen, or of which the Firm hereafter turns into conscious, besides as required by legislation. Individuals studying this press launch are cautioned to not place undue reliance on such forward-looking statements. 

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