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iMining Announces Appointment of Khurram Shroff as President and CEO

Toronto, Ontario–(Newsfile Corp. – June 29, 2021) – iMining Blockchain and Cryptocurrency Inc. (TSXV: IMIN) (the “Company” or “iMining”) today announced the appointment of Khurram Shroff as President and CEO of the Company.

Robert Eadie, who has served in those positions, will move to the advisory board and will continue to assist management and the iMining team. “This is great news for our shareholders,” said Robert. “Khurram’s vast experience in Digital Asset Staking and various blockchain businesses is what iMining needs to propel the Company and lead it through the next stages of growth and asset building in this exciting industry.”

Mr. Shroff has over ten years of experience in the blockchain industry. He was most recently Chairman of IBC Group. In this role, Mr. Shroff acted as a trusted advisor for some of the most prominent projects in blockchain and oversaw the implementation of the firm’s moving from Dubai to Toronto. Mr. Shroff built his career in working for Canadian Family office in real estate, rising to top roles, including leading some real estate projects globally as well as other business investments across Europe, Middle East and Africa. He also served as a civilian sponsor and member of Canadian Armed Forces College and is a member of the University Club of Toronto

Mr. Shroff also acts as Chairman of the Board of Directors of iMining. “I would like to thank Robert for his numerous years of service and his commitment to our shareholders,” said Khurram. “I am looking forward to the challenges ahead as we work together to bring Cryptocurrencies and digital assets to the world’s leading institutions.”

ON BEHALF OF THE BOARD

iMining Blockchain and Cryptocurrency Inc.
Signed “Khurram Shroff”

Khurram Shroff, Chairman, President & Chief Executive Officer

FOR FURTHER INFORMATION, please contact:

iMining Corporate Offices:
Robert Eadie, Advisor to the Board
Email: [email protected]
Telephone: 1-604-602-4935 ♦ Facsimile: 1-604-602-4936
Toll Free: 1-866-602-4935

Evan Eadie, Corporate Development
Email: [email protected]
Telephone: (604) 602-4935 ext. 203
Toll Free: 1-866-602-4935

 

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.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance,  including, but not limited to, future business operations of iMining  They reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company.  Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of iMining’s activities, future Cryptocurrency prices, operating risks, and other risks in the Cryptocurrency industry.  All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com.  These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law. 

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