Vinanz (AQSE: BTC) is pleased to announce that admission of its ordinary shares of no par value (“Ordinary Shares”) to trading on the Access segment of the Aquis Stock Exchange (“AQSE”) will take place and dealings will commence at 8.00 a.m., 21 April 2023 (“Admission”), under the ticker BTC and ISIN number VGG9520B1004.

The commencement of trading of the Company’s Ordinary Shares follows a successful subscription and placing by Vinanz for a total of 25,166,667 Ordinary Shares at 3p per Ordinary Share, raising gross proceeds of £755,000 (before expenses).

In addition, as announced by Valereum PLC (“Valereum”) on 18 August 2022, Valereum and Vinanz have entered into an asset purchase agreement pursuant to which the Company agreed to acquire certain Bitcoin mining machines and Bitcoins from Valereum. Completion of the acquisition was subject to and conditional upon the satisfaction of certain conditions, including Admission.

Valereum Plc, the Gibraltar technology group, announced that it has sold its Bitcoin Mining assets to Vinanz Ltd (“Vinanz”) for a total consideration of 27,325,171 shares in Vinanz. Vinanz is listing on London’s AQUIS Stock Exchange and these shares will have an asset value to Valereum of around £800,000 (valued at Vinanz’s listing price of 3p per shares).

Following the Company’s Admission, 20 Bitcoin mining machines and 5.01153011 Bitcoins are effectively transferred to the Company in consideration for the issue of 27,325,171 new Ordinary Shares to Valereum , representing a holding of 23.46% of the Company. The Ordinary Shares issued to Valereum are subject to a 12-month lock-in period.

David Lenigas, the Executive Chairman of the Company, currently holds an 8.63% shareholding in Valereum.

On Admission, the Company will have 116,491,839 Ordinary Shares in issue and the market capitalisation of the Company will be approximately £3,494,755.

About Vinanz

Vinanz aims to build out a fully-fledged Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and Canada through third-party cryptocurrency mining providers. Whilst the Company will focus initially on BTC mining, it will also consider the mining of other cryptocurrencies, and operations in the DeFi and Big Data space in the future. The Company intends to be able to provide a listed UK platform to offer entry to the technology and cryptocurrency business.

The Company’s admission document is available to view on its website

The directors of Vinanz Limited accept responsibility for this announcement.

For further information please contact:

Vinanz Limited

Jeremy Edelman

[email protected]

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