NEW RNS8 Apr 2021 15:53
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 (“MAR”)VALEREUM BLOCKCHAIN PLC(“Valereum” or the “Company”)VALEREUM BLOCKCHAIN INITIATES BITCOIN MINING STRATEGYLondon, UK, 8April2021 -Valereum Blockchain Plc (AQSE: VLRM), acryptocurrency, decentralized finance (DeFi),and blockchain technology venture builder, is pleased to announce that ithas engagedspecialist North American consultants, Kyudoka Capital Corporation (“Kyudoka”), to provide strategic technology advisory services to Valereum for its pipeline of blockchainand DeFiopportunities. Kyudoka will be working with Valereumto provide advice, detailed strategy,and phased implementation plans with respect to buildingexpandable cryptocurrencyminingoperationsand infrastructure. North America is the current anticipatedlocation for the Company’s initialbitcoin mining operations. Other cryptocurrencies and locations are additionally beingconsidered. Valereum’s Chairman Richard Poulden commented:“We see a bright future for cryptocurrencies and are pleased to announce the engagement of Kyudoka Capital Corporation of Canada to advise and assist Valereumwithestablishing and building outits cryptocurrency mining operations.Kyudoka brings the necessaryexperience in heavy compute, cryptocurrency infrastructure, and strategic technology advisoryto meet our objectiveswithin this rapidly growingand transformativesector. We look forward to providing material shareholder updates in the coming weeks.”The Directors of Valereum Blockchain Plctake responsibility for this announcement.END