For
immediate
release
22 January 2025
Tiger Royalties and
Investments Plc
('Tiger' or 'the
Company')
Maiden Incubation Partnership
Agreed
AI Venture Capital
Utility Meme Coin Project, AROK.VC
Tiger is pleased to announce that
Bixby Technology Inc, its wholly owned subsidiary specializing in
the identification, incubation and development of technology
projects, has formed its maiden incubation
partnership with the founder of a sentient AI Agent called AROK
(www.arok.vc).
AROK is an automated venture capital
agent project based on Artificial Intelligence that uses
sophisticated automated methods to support and innovate on
investments in the meme coin space. It has over US$1.27M in
meme coins under management.
The key terms of the incubation
partnership are as follows:
- Bixby
Technology Inc will support the development of the AROK project by
providing incubation services for marketing, development,
operations and strategic direction.
- Bixby
Technology Inc has received 100M AROK.VC tokens for these
incubation services. As of 22 January 2025 these tokens
have a market value of 0.00003355 SOL per token (US$850,000), as
derived from Dex Screener.[1] Due to potential market illiquidity
and/or volatility the actual value of such tokens may differ from
the market value at any point in time.
- Bixby
Technology Inc will have a right of first refusal to invest into
the project for a period of 2 years.
Jonathan Bixby, said: "Our model is to incubate and scale up
ambitious commercial ideas using utility meme coins to recognise
the value we add. AROK is the perfect first deal to showcase our
approach. AROK is a pioneer in demonstrating the potential benefits
that AI can bring to the Venture Capital industry. The market
growth for AI Agents has been extraordinary with
AI Agents
emerging as one of the most promising and transformative segments
in the AI market growth. We expect this to be a
growing future market and are delighted to support AROK on its
journey."
The developer of AROK, Leo Mercier,
said: "Humans trade with varying
degrees of emotion. AROK trades only with data. This
partnership isn't just about meme coins - it's about machines
finally understanding (in a similar way to humans) what makes
markets move. Arok is building the foundation for autonomous
AI agents to reshape a major part of the financial stack and the
combination of humans and AI has great potential
benefits."
This announcement contains inside
information for the purposes of Article 7 of Regulation
2014/596/EU as it forms part of the UK law pursuant to
the European Union (Withdrawal) Act 2018. The person who
arranged the release of this announcement on behalf of the Company
was Jonathan Bixby.
A copy of this announcement is
available at the Company's website www.tiger-rf.com
For further information please
contact:
Tiger Royalties and Investments Plc
|
Jonathan Bixby/Raju Samtani,
Director
|
+44 (0)20 7581 4477
|
Beaumont Cornish (Nomad)
|
Roland Cornish
Felicity Geidt
|
+44 (0)20 7628 3369
|
(Joint Brokers)
|
Email:corpfin@bcornish.co.uk
|
|
Fortified
Securities
Mark
Wheeler
+44 (0)20 3411 7773
Novum Securities
Jon Belliss
+44 (0)20 7399
9425
Yellow Jersey
PR
Annabelle
Wills
+44 (0)20 3004 9512
(Public
Relations)
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
Forward Looking Statements:
Certain statements in this
announcement are or may be deemed to be forward looking statements.
Forward looking statements are identified by their use of terms and
phrases such as ''believe'' ''could'' "should" ''envisage''
''estimate'' ''intend'' ''may'' ''plan'' ''will'' or the negative
of those variations or comparable expressions including references
to assumptions. These forward-looking statements are not based on
historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth results of
operations performance future capital and other expenditures
(including the amount. Nature and sources of funding thereof)
competitive advantages business prospects and opportunities. Such
forward looking statements reflect the Directors' current beliefs
and assumptions and are based on information currently available to
the Directors. A number of factors could cause actual results to
differ materially from the results discussed in the forward-looking
statements including risks associated with vulnerability to general
economic and business conditions competition environmental and
other regulatory changes actions by governmental authorities the
availability of capital markets reliance on key personnel uninsured
and underinsured losses and other factors many of which are beyond
the control of the Company. Although any forward-looking statements
contained in this announcement are based upon what the Directors
believe to be reasonable assumptions. The Company cannot assure
investors that actual results will be consistent with such
forward-looking statements.