Vinanz Limited Commencement of Trading on US OTCQB Venture Market (3091L)
September 05 2023 - 1:00AM
UK Regulatory
TIDMBTC
RNS Number : 3091L
Vinanz Limited
05 September 2023
05 September 2023
Vinanz Limited
("Vinanz" or "the Company")
Commencement of Trading on US OTCQB Venture Market
Vinanz Limited (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,
is pleased to announce that trading in the Company's Ordinary
Shares on the OTCQB Venture Market ("OTC") in the United States
will commence on 05 September 2023. The Company's shares will trade
on the OTC Market under the ticker VINZF.
Vinanz's OTCQB information can be found on the OTC Markets
website: https://www.otcmarkets.com/stock/VINZF/overview
There is no associated capital raise with this cross trade and
Vinanz's Ordinary Shares will continue to trade on its primary
listing, the Access segment of the Aquis Stock Exchange under the
ticker BTC.
Cross trading on the OTCQB market allows the Company to access
one of the world's largest investment markets to expand its reach
into a broader pool of investors. Vinanz's shares will be available
to US investors during US working hours and priced in US dollars
and thus has the potential to enable greater liquidity in the
Company's shares on the Aquis Stock Exchange by easing cross-border
trading for potential US investors. Further information about the
OTCQB market can be found at:
https://www.otcmarkets.com/learn/market-101
David Lenigas, Executive Chairman of Vinanz, said: Following our
successful listing in London in April 2023, we are looking to offer
our shareholders increased liquidity and trading options. Bitcoin
and Bitcoin mining in North America is an exciting sector to be in
and we look forward to seeing trading in our shares on both sides
of the pond. Joining the OTCQB market provides us with access to
investors in a major market with minimal ongoing associated costs,
significantly increasing our exposure and trading liquidity with no
additional reporting requirements.
About Vinanz
Vinanz is listed on the London Aquis markets and 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.
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended). Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now
considered to be in the public domain.
The directors of Vinanz accept responsibility for this
announcement.
For further information please contact:
Vinanz Limited david@vinanz.co.uk
David Lenigas jeremy@vinanz.co.uk
Jeremy Edelman
First Sentinel (Corporate Adviser brian@first-sentinel.com
and Broker) +44 (0) 20 3989 2222
Brian Stockbridge
--------------------------
Clear Capital Markets (Broker) bobroberts@clear-cm.co.uk
Bob Roberts +44 (0) 20 3869 6080
--------------------------
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END
NEXFLFSLATISIIV
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September 05, 2023 02:00 ET (06:00 GMT)
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