JERSEY

CoinShares Exercises Option to Acquire Valkyrie Funds

Retrieved on: 
Friday, January 12, 2024

SAINT HELIER, Jersey, Jan. 12, 2024 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), today announced it has exercised the option to acquire Valkyrie Funds LLC ("Valkyrie Funds"), the U.S. digital asset manager's investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. ("Valkyrie Investments").

Key Points: 
  • CoinShares has confirmed the exercise of its strategic option to acquire Valkyrie Funds, thereby bolstering its entrance into the U.S. market.
  • SAINT HELIER, Jersey, Jan. 12, 2024 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), today announced it has exercised the option to acquire Valkyrie Funds LLC ("Valkyrie Funds"), the U.S. digital asset manager's investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. ("Valkyrie Investments").
  • The exercise of this option signifies a pivotal step in the acquisition process, clearly demonstrating CoinShares' commitment to acquiring Valkyrie Funds.
  • Exercising our option to acquire Valkyrie Funds aims at extending  our European success in the U.S, offering unparalleled access to regulated digital asset products to American investors.

Metals Acquisition Limited Announces Appointment of Morné Engelbrecht as Chief Financial Officer

Retrieved on: 
Wednesday, December 20, 2023

Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce the appointment of Mr. Morné Engelbrecht as Chief Financial Officer (“CFO”) with an expected commencement date of February 10, 2024.

Key Points: 
  • Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce the appointment of Mr. Morné Engelbrecht as Chief Financial Officer (“CFO”) with an expected commencement date of February 10, 2024.
  • He is a Member of Chartered Accountants Australia and New Zealand and has a Bachelor of Commerce (Accounting) with Honours.
  • Mick McMullen, CEO of MAC commented “We are very excited to welcome Morné to our team and to have secured a high calibre and accomplished executive.
  • Dan will continue as Chief Development Officer which is a vital role for the Company as we look to build on our current asset base.”

Metals Acquisition Limited Announces Appointment of Graham van’t Hoff to the Board of Directors

Retrieved on: 
Wednesday, November 15, 2023

Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce the appointment of Mr. Graham van’t Hoff as a Non-Executive Director to the Company’s Board of Directors.

Key Points: 
  • Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce the appointment of Mr. Graham van’t Hoff as a Non-Executive Director to the Company’s Board of Directors.
  • Mr. van’t Hoff is the nominee director of Bluescape Energy Partners LLC.
  • Mr. van't Hoff is also on the board of 5E Advanced Materials, Inc. and Verde Clean Fuels, Inc. Further information related to Mr. van’t Hoff can be found at www.metalsacquisition.com .
  • Patrice Merrin, Chair of the Board of MAC commented, “We are pleased to welcome Graham van’t Hoff to the board of directors of MAC.

Metals Acquisition Limited Provides Operational Update

Retrieved on: 
Tuesday, November 14, 2023

Access to this stoping area has subsequently been restored and the high grade (+4% copper) material is now being mined.

Key Points: 
  • Access to this stoping area has subsequently been restored and the high grade (+4% copper) material is now being mined.
  • The average received copper price was flat quarter on quarter and declined slightly from the first quarter in line with market prices.
  • Figure 4 provides an illustration of the improvements in productivity that has already been demonstrated at the mine.
  • This work is well underway and will be fed into the mine planning for the 2023 resource and reserve update.

CoinShares Secures Strategic Option to Acquire Valkyrie Funds

Retrieved on: 
Thursday, November 16, 2023

SAINT HELIER, Jersey, Nov. 16, 2023 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European investment company specialising in digital assets, today announced it has secured an exclusive option to acquire Valkyrie Funds LLC ("Valkyrie Funds"), the U.S. digital asset manager's investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. ("Valkyrie Investments").

Key Points: 
  • SAINT HELIER, Jersey, Nov. 16, 2023 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European investment company specialising in digital assets, today announced it has secured an exclusive option to acquire Valkyrie Funds LLC ("Valkyrie Funds"), the U.S. digital asset manager's investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. ("Valkyrie Investments").
  • CoinShares' option to acquire Valkyrie Funds from Valkyrie Investments, is active from now until its expiry on 31 March 2024.
  • The option grants CoinShares the exclusive right to purchase 100% of Valkyrie Funds from Valkyrie Investments, as well as all of Valkyrie Investments' associated rights with the Valkyrie Bitcoin Fund and any other unlaunched ETFs currently held by Valkyrie Investments.
  • Valkyrie Funds will continue to operate as an independent entity until any potential acquisition by CoinShares is finalised and the transaction is executed.

OKX, CoinShares and Komainu Launch Secure Trading of Segregated Assets Under Custody for Institutional Clients

Retrieved on: 
Wednesday, November 15, 2023

The collaboration marks a significant advancement in institutional crypto trading by ensuring that collateral assets are securely held by Komainu in third-party custody in order to mitigate counterparty risks.

Key Points: 
  • The collaboration marks a significant advancement in institutional crypto trading by ensuring that collateral assets are securely held by Komainu in third-party custody in order to mitigate counterparty risks.
  • By crafting robust frameworks, the arrangement bridges the gap between institutional traders and top-tier trading platforms while providing clarity on rights, responsibilities and redress mechanisms.
  • All of these factors combine to foster a more trustworthy and transparent trading environment for institutional traders.
  • OKX previously partnered with Komainu in June 2023 to join the Komainu Connect platform, paving the way for the tripartite agreement with CoinShares.

OKX, CoinShares and Komainu Launch Secure Trading of Segregated Assets Under Custody for Institutional Clients

Retrieved on: 
Wednesday, November 15, 2023

The collaboration marks a significant advancement in institutional crypto trading by ensuring that collateral assets are securely held by Komainu in third-party custody in order to mitigate counterparty risks.

Key Points: 
  • The collaboration marks a significant advancement in institutional crypto trading by ensuring that collateral assets are securely held by Komainu in third-party custody in order to mitigate counterparty risks.
  • By crafting robust frameworks, the arrangement bridges the gap between institutional traders and top-tier trading platforms while providing clarity on rights, responsibilities and redress mechanisms.
  • All of these factors combine to foster a more trustworthy and transparent trading environment for institutional traders.
  • OKX previously partnered with Komainu in June 2023 to join the Komainu Connect platform, paving the way for the tripartite agreement with CoinShares.

Cypress Creek Renewables Selects Sitetracker to Enhance Solar and Storage Operations

Retrieved on: 
Thursday, November 2, 2023

 DURHAM, N.C. and MONTCLAIR, N.J., Nov. 2, 2023 /PRNewswire/ -- Cypress Creek Renewables and Sitetracker are pleased to announce today a partnership whereby Cypress Creek will utilize Sitetracker's leading deployment operations management software platform to add further speed, efficiencies and visibility across the company's core operations including its development, Project Execution and O&M teams.

Key Points: 
  • Cypress Creek to employ Sitetracker across its development, Project Execution and O&M teams for added speed, efficiency, and visibility across the entire company under a single, unified software platform
    DURHAM, N.C. and MONTCLAIR, N.J., Nov. 2, 2023 /PRNewswire/ -- Cypress Creek Renewables and Sitetracker are pleased to announce today a partnership whereby Cypress Creek will utilize Sitetracker's leading deployment operations management software platform to add further speed, efficiencies and visibility across the company's core operations including its development, Project Execution and O&M teams.
  • "Cypress Creek is delighted to partner with Sitetracker to meet the management software needs of our company's continued growth," Sarah Slusser, CEO of Cypress Creek said.
  • "Sitetracker is thrilled to support Cypress Creek's growth plans, centered around its mission of powering a sustainable future, one project at a time.
  • "It is an exciting time to participate in the renewables and telecommunications industries on a global basis, working with companies such as Cypress Creek that are deploying significant capital across large asset bases in a desire to expedite a cleaner and more connected world."

Ireland's first medicinal cannabis clinic 'MEDICANN' is now open for patients

Retrieved on: 
Wednesday, November 1, 2023

JERSEY, Channel Islands, Nov. 1, 2023 /PRNewswire/ -- Ireland is set to get its first medicinal cannabis clinic, covering all therapy areas, since it became legalised in June 2019.

Key Points: 
  • JERSEY, Channel Islands, Nov. 1, 2023 /PRNewswire/ -- Ireland is set to get its first medicinal cannabis clinic, covering all therapy areas, since it became legalised in June 2019.
  • Medicann, the award winning medicinal cannabis clinic is launching the first  clinic in Ireland, and are now accepting patients who wish to know if they are eligible for treatment with this natural medication.
  • The new clinic covers all conditions treatable with medicinal cannabis, and not just those recognised by the Medical Cannabis Access Programme in Ireland.
  • In Ireland, there are currently more than 9,000 people diagnosed with MS, and through the governments Medicinal Cannabis Access Programme, qualifying patients can apply for funding to cover the cost of medicinal cannabis.

Metals Acquisition Limited Announces $20 Million Private Placement Equity Financing

Retrieved on: 
Tuesday, October 17, 2023

Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce that it has entered into subscription agreements with certain existing and new accredited investors to sell and issue an aggregate of 1,827,096 ordinary shares, par value $0.0001 per share, (the “Ordinary Shares”) of the Company at a price of $11.00 per Ordinary Share, for aggregate gross proceeds of approximately $20 million through a private placement financing (the “Private Placement”).

Key Points: 
  • Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce that it has entered into subscription agreements with certain existing and new accredited investors to sell and issue an aggregate of 1,827,096 ordinary shares, par value $0.0001 per share, (the “Ordinary Shares”) of the Company at a price of $11.00 per Ordinary Share, for aggregate gross proceeds of approximately $20 million through a private placement financing (the “Private Placement”).
  • The net proceeds from the financing will be used to accelerate exploration drilling and mine development at the CSA copper mine, for working capital and general corporate purposes.
  • With additional capital we expect to bring forward some of the previously unrealized value that exists at CSA.
  • Persons in the Private Placement.