Coinsilium Group Limited (COIN)
Coinsilium Group Limited: Investee Company Update: Factom Inc.
02-Apr-2020 / 13:18 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
COINSILIUM GROUP LIMITED
("Coinsilium" or the "Company")
Investee Company Update: Factom Inc.
London, UK, 2 April 2020 - Coinsilium Group Limited (AQSE:COIN), the
blockchain technology venture builder, advisor and investor, hereby provides
an update in respect of investee company, Factom Inc. ("Factom").
The Company has been notified by the directors of Factom that in a board
meeting on 31 March 2020 they concluded that, in the absence of further
funding, they will need to begin the process of assignment of assets for the
benefit of creditors. Should there be any further developments the Company
will make further updates.
The Company's interest in Factom is by way of 150,000 Series Seed shares and
73,291 A-1 preferred shares valued at GBP236,776 on 30 June 2019.
The Directors of Coinsilium Group Limited take responsibility for this
announcement.
For further information, please contact:
Coinsilium Group Limited +44 (0) 7785 381 089
Malcolm Palle, Executive Chairman www.coinsilium.com
Eddy Travia, CEO
Peterhouse Capital Limited +44 (0) 207 469 0930
Guy Miller / Mark Anwyl
(AQSE Growth Market Corporate Adviser)
SI Capital Limited +44 (0) 1483 413 500
Nick Emerson
(Broker)
Notes to Editors:
About Coinsilium
Coinsilium is a venture builder, investor and advisor, supporting
early-stage blockchain technology companies and the digital token economy.
As the first ever IPO of a blockchain company in 2015, Coinsilium harnesses
its experience and wide-ranging network to invest in leading blockchain
projects such as RSK/IOV Labs, Indorse and Blox.
Coinsilium shares are traded on AQSE Growth Market, the primary market for
unlisted securities operated by Aquis Stock Exchange, a Recognised
Investment Exchange under the Financial Services and Markets Act 2000.
For further information please visit www.coinsilium.com [1] or follow
@CoinsiliumGroup on Twitter
ISIN: VGG225641015
Category Code: MSCM
TIDM: COIN
Sequence No.: 56358
EQS News ID: 1014301
End of Announcement EQS News Service
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(END) Dow Jones Newswires
April 02, 2020 08:18 ET (12:18 GMT)
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