Valereum Blockchain

Valereum Blockchain Bitcoin Mining Strategy

RNS Number : 8706U
Valereum Blockchain PLC
08 April 2021
 

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 STRATEGY

 

 

London, UK, 8 April 2021 - Valereum Blockchain Plc (AQSE: VLRM) , a cryptocurrency, decentralized finance (DeFi), and blockchain technology venture builder, is pleased to announce that it has engaged specialist North American consultants, Kyudoka Capital Corporation ("Kyudoka"), to provide strategic technology advisory services to Valereum for its pipeline of blockchain and DeFi opportunities.

 

Kyudoka will be working with Valereum to provide advice, detailed strategy, and phased implementation plans with respect to building expandable cryptocurrency mining operations and infrastructure. North America is the current anticipated location for the Company's initial bitcoin mining operations. Other cryptocurrencies and locations are additionally being considered.

 

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 Valereum with establishing and building out its cryptocurrency mining operations. Kyudoka brings the necessary experience in heavy compute, cryptocurrency infrastructure, and strategic technology advisory to meet our objectives within this rapidly growing and transformative sector. We look forward to providing material shareholder updates in the coming weeks."

 

The Directors of Valereum Blockchain Plc take responsibility for this announcement.

 

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Enquiries:

The website address of the Company is   www.valereumblockchain.com .

 

Valereum Blockchain Plc

Richard Poulden, Chairman

Tel: +44 7551 863 830

 

AQSE Growth Market Corporate Adviser

Peterhouse Capital Limited

Guy Miller / Allie Feuerlein

Tel: +44 (0) 207 469 0930

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