Summary by Moomoo AI
On June 10, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced that the Toronto Stock Exchange (TSX) has deferred the consideration of the Company's tactical shareholder rights plan until it receives confirmation that securities commissions will not intervene and until the plan is ratified by shareholders by December 10, 2024. Despite the TSX's deferral, the rights plan will remain effective for at least six months from its adoption date, unless terminated earlier. The announcement was made in a press release, which is part of a material change report filed with the Canadian Securities Regulatory Authorities and is incorporated by reference into Bitfarms' Registration Statements on Form F-10 and Form S-8. Bitfarms, which was founded in 2017, operates 12 Bitcoin mining facilities and has one under development across Canada, the United States, Paraguay, and Argentina, focusing on environmentally friendly hydro-electric power and sustainable energy infrastructure.