Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Valereum PLC - Gibraltar-based company linking mainstream currency products into cryptocurrencies - Nick Cowan officially joins board as chief executive officer. Cowan founded GSX Group and the Gibraltar Stock Exchange, and was previously the CEO of GSX. Valereum announced on December 18 it had agreed to buy GSX through a strategic share purchase agreement in exchange for 5.0 million Valereum shares and 10.0 million warrants, having first purchased an option to buy the exchange in October, 2021.
Valereum also announces that its emergency general meeting, to ratify approval of the GSX acquisition, will take place on January 30. Annual general meeting will be deferred pending conclusion of a full audit, but a shareholder meeting is scheduled for January 31.
Current stock price: 4.45 pence
12-month change: down 57%
Copyright 2024 Alliance News Ltd. All Rights Reserved.