On July 12, 2019 Bitfarms Ltd. (“Bitfarms” or the “Company”) announced that it had received final approval from the TSX Venture Exchange (the “TSXV”) to list the Company’s common shares on the TSXV. The common shares are expected to begin trading on the TSXV on July 16, 2019 under the symbol “BITF”.

Through its ownership of Backbone Hosting Solutions Inc., the company operates blockchain computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks, such as Bitcoin, earning fees from each network for securing and processing transactions.

Peterson McVicar acted for Bitfarms Ltd. with a team that included Dennis Peterson, Peter Georgas and Taylor Dignan.

Thank you very much,