RE: VGOLD-CORE9 Apr 2026 20:06
There is no material uncertainty. Gary Cottle has already stated Valereum has the funds to keep going.
With the QGP deal, a Valereum QGP SPC was set up in the Cayman Islands to oversee the $200m qualified senior secured medium term notes.
These are held by the V-QGP SPC and the subsequent coupon payment is held by the V-QGP SPC.
As part of the compliance for OTCQB, and subsequently NASDAQ, Metrikus has to provide live sensor feed on blockchain of the assets backing the $200m qualified senior secured medium term notes.
The V-QGP SPC are also holding the $3.97m for the coupon, this was verified by the audit hash on the blockchain by Metrikus.
Gary Cottle decided he wanted the coupon paid mainly in VGOLD-CORE, and, with this news, also came the strategic integration news, which they have been discussing for some time, I believe.
At the moment there is QGP with its assets backing the $200m Qualified senior secured medium term notes and then other QGP assets backing the VGOLD-CORE and in turn the VGOLD token yield.
Valereum, without QGP's involvement, are also in discussions with owners of mines who want to tokenise their own mines to raise funding .
Depending on how this is set up, Valereum may also own mining assets from these mine owners who want to raise funding by using their mines as collateral or through royalty and streaming assets from their mines as collateral for the tokenisation.
So, this was all proving difficult because QGP have their own mining assets backing the $200m notes and Valereum will have their own mining assets too for VGOLD, plus, QGP have the assets backing the VGOLD-CORE which is providing the yield for V-GOLD tokens.
It was all becoming rather messy in who got what revenue from the Valereum V-GOLD tokens.
The strategic integration is a way to solve this by all the assets being pulled together and all the technology being shared so the revenue is fair for Valereum and QGP.
With all this in mind, Gary Cottle decided he wanted the coupon paid mainly in VGOLD-CORE and to swap the $200m qualified senior secured medium term notes into VGOLD-CORE.
I think Gary Cottle is doing this mainly for the US Institutions as a statement to show Valereum have their own funds in VGOLD-CORE of at least $200m.
If Valereum can do this, then so can US Institutions do this by buying and holding the VGOLD tokens generating a yield of 10% to 15% and backed by assets for the VGOLD-CORE.
Gary Cottle is thinking strategically as to how best to sell to US Institutions the VGOLD tokens backed by VGOLD-CORE's assets.
The best way is to show and prove Valereum have their funds in VGOLD-CORE.
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