Riot Blockchain Announces Appointment of Megan Brooks as Chief Operating Officer, and Appointments to the Roles of VP, Capital Markets and VP, Finance - Seite 2

Mr. McPherson joined Riot Blockchain in March 2021, after spending the past eight years as CFO of Citadel Exploration Inc. Prior to Citadel Mr. McPherson spent fifteen years on the sell side of the capital markets, predominantly in an equity research capacity, focused on the energy sector. Mr. McPherson also currently serves on the Board of Directors of Barnwell Industries (NYSE: BRN) as a member of its Audit committee and Chairman of its Reserve Committee. Mr. McPherson brings a wealth of knowledge and more than two decades experience in the public markets to Riot, and will lead the Company’s investor relations initiatives, in addition to supporting Riot’s other capital markets-related initiatives. Mr. McPherson received his Bachelor of Science in Economics from East Carolina University. 

“Riot has grown significantly in many aspects over the past year. We are tremendously excited that the Company is at a point to further invest in its human capital, in support of our future growth initiatives,” said Jason Les, CEO of Riot. “Megan Brooks has been a key individual managing the Company’s operations since 2019 and has been largely responsible for its growing fleet of miners. Having worked closely with her during her tenure at Riot, I am thrilled to have her step into the role of Chief Operating Officer. Additionally, with the onboarding of Phil McPherson as VP, Capital Markets and Ryan Werner as VP, Finance we are strengthening our management team to best position the Company for success, and to capitalize on the many exciting opportunities in our industry.”

About Riot Blockchain 

Riot Blockchain (NASDAQ: RIOT) focuses on cryptocurrency mining of Bitcoin. The Company is expanding and upgrading its mining operations by securing the most energy efficient miners currently available. Riot also holds certain non-controlling investments in blockchain technology companies. Riot is headquartered in Castle Rock, Colorado, and the Company’s mining operations are located in upstate New York, under a co-location hosting agreement with Coinmint. For more information, visit www.RiotBlockchain.com.

Safe Harbor

The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "anticipates," “believes,” "plans," "expects," "intends," "will," "potential," "hope" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the U.S. Securities and Exchange Commission (the “SEC”), including the factors described in the sections entitled "Risk Factors," copies of which may be obtained from the SEC's website at www.sec.gov. The Company does not undertake any obligation to update forward-looking statements contained in this press release.

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