Coinsilium Group Limited: Investee Company Update
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Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
Coinsilium Group Limited (COIN) Coinsilium Group Limited: Investee Company Update Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
COINSILIUM GROUP LIMITED
("Coinsilium" or the "Company")
Coinsilium Group Limited: Investee Company Update
London UK, 23 December 2022, Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased report that it has received a shareholder update from investment portfolio company Greengage Global Ltd (“Greengage”), the content of which has been reproduced below verbatim.
Details of Investment
Coinsilium’s investment in Greengage was completed on 7 September 2021 and conducted via Coinsilium's wholly owned Gibraltar registered subsidiary, Seedcoin Limited ("Seedcoin"), whereby Seedcoin invested GBP200,000 in convertible notes and has also taken GBP300,000 equity in a secondary stake sale that values Greengage at GBP27.3m.
Coinsilium CEO Eddy Travia commented: “We are delighted to note the solid progress Greengage has reported in its most recent shareholder update. Greengage aims to become a next generation digital merchant bank and today’s news of the imminent launch of its E-money account services can be seen as a major milestone on that journey. Further details on Coinsilium’s investment in Greengage and our other investments and advisory clients can be found on the Coinsilium website: https://coinsilium.com/investors/presentations
Greengage Investor Update 21.12.22
Dear Shareholder,
On behalf of Greengage, we wish you and your families a very happy holidays and a joyous New Year ahead. We wouldn’t have been able to achieve any of the above without your backing, and we look forward very much to building on this success in 2023 with our big launch!
ENDS
The Directors of Coinsilium Group Limited take responsibility for this announcement.
Notes to Editor
About Coinsilium
Coinsilium is a focused Web3 Investor, Advisor and Venture Builder based in Gibraltar, a pre-eminent global regulatory jurisdiction and a leading hub for innovative financial technology. In 2015, Coinsilium became the first blockchain company to IPO. The Company has evolved to develop revenue-generating strategic advisory services and is a highly regarded innovator with proven technological and commercial expertise and development capabilities in the Web3 arena and within Open Finance.
Coinsilium has developed an array of commercial partnerships and joint ventures around the world to support its development capabilities, giving it access to best-in-class tech experts, a strong network, and asserting its profound industry profile. It has also partnered with blockchain technology experts Indorse to create Nifty Labs, a Web3 and Non-Fungible Token ('NFT') technology development studio in Gibraltar.
Coinsilium shares are traded on the AQSE Growth Market in London, under the ticker symbol "COIN", and on the OTCQB Venture Market in the United States under the ticker symbol "CINGF".
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ISIN: | VGG225641015 |
Category Code: | PFU |
TIDM: | COIN |
Sequence No.: | 210795 |
EQS News ID: | 1520337 |
End of Announcement | EQS News Service |
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