Facts - Awaiting Approvals worlds first10 Oct 2022 00:32
1. Valereum and the GSEG have also executed the first stage of the revised agreement, whereby Valereum has now paid the GSEG a total of £2.9m and taken security over the first 50% of the shares of the GSX.
In connection with the exercise of the Option, Valereum will seek approval from GFSC to establish the GSX as one of the world’s first fully regulated, integrated fiat and digital exchanges.
2. Valereum Blockchain Plc (AQSE: VLRM), the Gibraltar technology group, announces that it has signed an agreement to acquire the entire issued share capital of the Juno Group of Companies (“Juno”).
3. Valereum is pleased to announce that it has appointed London based Z/Yen Group Ltd (“Z/Yen”) as its strategic adviser and to provide a commercial review of the Company’s business plans for the Gibraltar Stock Exchange (“GSX”).
In addition, Z/Yen will assist Valereum with the preparation of a prospectus for an additional listing of the Company’s shares on a major exchange later this year.
4. In response to market rumours, Valereum, the Gibraltar-based technology group, announces that it is formulating plans to launch a new global marketplace platform for Non-Fungible Tokens (NFTs).
5. Valereum is pleased to announce that, conditional only upon the listing of Vinanz Ltd on a recognised stock exchange it will sell its Bitcoin mining assets to Vinanz Ltd in exchange for fully paid ordinary shares in the company representing a holding of approximately 24%. The final holding will depend on the amount of the capital raised as part of the listing. Valereum will have no management representation on the Vinanz board.
6. Valereum has an option on 20% of the Global Stock Exchange Group
7. The GSX will be the world’s first exchange to create a seamless and fully regulated bridge that links the fiat and crypto markets