Re: RNS OUT24 Apr 2023 11:43
Valereum Plc, the Gibraltar technology group, is pleased to announce that it will be issuing a total of 3,425,425 new ordinary shares of 0.1 pence each (the “Ordinary Shares”) at a price of 4.7112 pence per share which equates to £161,380 (US$200,000), following the conversion notice received by the Company under the terms of the funding facility announced on 31st January 2022. This brings the outstanding balance down to US$1.2m.