16 May 2024
Vinanz
Limited
("Vinanz"
or "the Company")
Issue of Escrowed Equity and
Total Voting Rights
Vinanz Limited (US OTCQB: VINZF
and London AQSE: BTC), the London
listed Bitcoin mining company focusing on
decentralised deployment of Bitcoin mining clusters in multiple
data facilities throughout the US and Canada, advises that it has signed a contract with US firm Church
& Keeler Inc ("C&K") whereby they will be providing
professional services designed to assist Vinanz with developing a
comprehensive strategy to expand the Company's Bitcoin footprint
and presence in the region.
As part of C&K's compensation
package, Vinanz will be issuing a total of two million new shares
to C&K ("New Shares") comprising of one million new Vinanz
Limited shares, escrowed for nine months, and a further one million
shares escrowed for twelve months from today's date.
Total Voting Rights:
Application will be made to the
Aquis Stock Exchange for admission of these New
Shares to trading on Aquis ("Admission"). These
shares will have escrowed provisions attached with one million
shares escrowed until the 15 February 2025 and one million shares
escrowed until 15 May 2025.
Although the New Shares will be
escrowed, these New Shares will be issued fully paid and will
rank pari passu in all respects with the Company's existing Ordinary
Shares.
Following Admission, the total
number of Ordinary Shares in the capital of the Company will
be 160,267,707 with voting rights. This figure
may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company's issued
share capital pursuant to the Company's Articles.
About Vinanz Limited
Vinanz is listed in London Aquis and
is building 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 directors of Vinanz Limited
accept responsibility for this announcement.
CONTACTS:
For further information please
contact:
Vinanz Limited
David
Lenigas
david@vinanz.co.uk
Jeremy
Edelman
jeremy@vinanz.co.uk
First Sentinel (Corporate Adviser and
Broker)
Brian
Stockbridge
brian@first-sentinel.com
+44 (0) 20 3855 5551
Clear Capital Markets (Broker)
Bob
Roberts
bobroberts@clear-cm.co.uk
+44 (0) 20 3869 6080
