Show Notes
Pires Investments (PIRI.L) Update on investment in the digital assets sector
Pires Investments plc (AIM: PIRI), the investment company focused on next-generation technology, notes that, further to its announcement on 4 March 2021, Argo Blockchain plc (“Argo”) announced on 8 March 2021 that it has raised £26.8 million of new funds, of which it has agreed to invest £7.3 million in Pluto Digital Assets plc (“Pluto”), as part of the equity fundraising being carried out by Pluto.
This will enable Argo to maintain its circa 25% shareholding in Pluto.
Peter Redmond, Chairman of Pires, commented:
Peter Redmond, Chairman of Pires, commented:
“We are delighted that Argo is continuing to support Pluto by investing around 27% of the new funds that it is now raising in Pluto which is an excellent validation of the company’s strategy and prospects. ”
Listen On
Also Listen
-
Zak Mir talks to Dr Kerim Sener, Managing Director of Ariana Resources Plc
Zak Mir talks to Dr Kerim Sener, Managing Director of Ariana Resources, in the w -
Zak Mir talks to Paul Mathieson, CEO of Amazing AI
Zak's Traders Cafe sat down with Paul Mathieson, CEO of Amazing AI, to unpack a -
Zak Mir talks to Charles Dickson, CEO of Roadside Real Estate
We spoke with Charles Dixon, CEO of Roadside Real Estate, to unpack the company' -
Zak Mir Speaks with Fiinu CEO Dr. Marko Sjoblom on New Strategic Partnership
Zak Mir caught up with Dr. Marko Sjoblom, Chief Executive Officer of Fiinu Plc,