Digihost Announces Appointment of New Chief Financial Officer
TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that it has
appointed Paul Ciullo as the new Chief Financial Officer (“CFO”), effective April 29, 2021. Mr. Ciullo will be based out of New York and will oversee all accounting and finance
functions, while providing strategic recommendations that ensure all financial solutions support the Company’s evolving growth strategy and vision.
Mr. Ciullo has a diverse professional background and specialized in financial reporting and project management during his time spent working in senior corporate finance and accounting positions for various Fortune 500 companies. Mr. Ciullo is a CPA who obtained a Bachelor’s of Science in Accounting from the State University of New York College at Geneseo and an MBA from Pennsylvania State University.
Michel Amar, CEO of the Company, stated: “We are thrilled to welcome Paul to the Digihost senior management team. The addition of Paul as CFO and his depth of corporate and capital markets experience will contribute greatly to the Company’s plans for growth and to the Company as a whole.”
Mr. Ciullo will replace Ms. Cindy Davis as CFO of the Company. Mr. Amar and the Board would like to thank Ms. Davis for her continuous hard work and endless contributions to Digihost over the past two years.
About Digihost Technology Inc.
Digihost Technology Inc. is a growth-oriented blockchain technology company primarily focused on Bitcoin mining. The Company's mining facilities are located in Upstate New York, and are equipped with 78.7 MW of low-cost power with the option to expand to 102MW. The Company is currently hashing at a rate of 190PH with potential to expand to a rate of 3EH upon the completion of the previously announced acquisition of a 60MW power plant.
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Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.