Gould & Ratner acted for Navuer on the agreement for Argo Cryptocurrency Facility in West Texas.
Navier, a specialist in the design and construction of cryptocurrency mining facilities, announced the negotiation and execution of a strategic agreement with Argo Blockchain. Navier will provide a wide-range of consulting services related to the design and construction of the new Argo facility located in West Texas, including the co-design of a sophisticated electrical infrastructure capable of supporting 200MW of mining.
Navier will also install innovative immersion technology that will increase mining productivity, control heat, and expand the lifespan of installed mining rigs.
Argo will pay Navier a monthly retainer and will issue a warrant allowing Navier to purchase up to 223,821 Argo shares at a price of 135p each.
The Gould & Ratner team included attorneys Robert Chidester (Picture) and Ammara Khan.
Law Firms: Gould & Ratner;