Coinsilium Group Limited: Relaunch Progress Update

DJ Coinsilium Group Limited: Relaunch Progress Update

Coinsilium Group Limited (COIN) 
Coinsilium Group Limited: Relaunch Progress Update 
 
04-Nov-2020 / 11:29 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") 
 
         Coinsilium - Relaunch Progress Update 
 
London, UK, 4 November 2020 - Coinsilium Group Limited (AQSE:COIN), is pleased 
to provide a progress update on the Company's forthcoming relaunch as a 
Blockchain, Open Finance and Crypto Finance venture operator. 
 
The Company announced on 13 July 2020, the commencement of a Strategic 
Business Review (the "Review") of the Company's operations and equity 
investments to align the Company in readiness for its participation within the 
IOV Asia Joint Venture (JV) announced on 7 July 2020, and to ensure that the 
Company is optimally positioned and resourced to capitalise on new 
opportunities both from within the scope of its JV with IOV and also from 
Coinsilium's operational base in Gibraltar. 
 
The Company is pleased to report that the Review process is now approaching 
its completion and once complete, details of Coinsilium's new strategy, 
operating model and strategic partnerships will be announced to the market, 
together with the renewed corporate branding and website relaunch. This is 
expected to occur during the current quarter. Investors may wish to review the 
Company's August 2020 presentation in order to re-familiarise themselves with 
the relaunch roadmap and timeline. 
 
https://coinsilium.com/investors/presentations/download?path=CoinDeFi%2B-The%2 
BNew%2BCrypto%2BFinance%2BOpportunity%2BAugust%2B2020%2Bv2.pdf [1] 
 
The Company also announced on 19 October 2020 that Coinsilium's shares 
commenced cross-trading on the OTCQB Venture Market in the United States. By 
joining OTCQB ahead of its relaunch, Coinsilium now has an effective platform 
from which to reach a significantly larger US investor audience. 
 
Appointment of US Advisor 
 
The Company is pleased to announce the appointment of Wachsman as strategy and 
communications advisors to the Company in respect of its forthcoming relaunch 
and ongoing market strategy. Wachsman is a global communications-based 
strategy consultancy focused on advising the next generation of leaders on the 
frontline of the new economy. Further information on Wachsman can be found 
here: [2]https://wachsman.com/ [2] 
 
David Wachsman CEO of Wachsman commented: "The global digital asset industry 
is primed for tremendous growth, and we believe Coinsilium is well-positioned 
to capitalize on its impending adoption through the introduction of new and 
exciting innovations. Coinsilium is led by a unique, experienced management 
team who have already played a key role in the development of the digital 
asset market. We're proud to help Coinsilium manifest their vision for 
blockchain technology and decentralized finance." 
 
The Directors of Coinsilium Group Limited take responsibility for this 
announcement. 
 
For further information, please contact: 
 
Coinsilium Group Limited               [phone] 
 
Malcolm Palle, Executive Chairman      www.coinsilium.com 
 
Eddy Travia, Chief Executive 
 
Peterhouse Capital Limited             [phone] 
 
Guy Miller / Mark Anwyl 
 
(AQSE Growth Market Corporate Adviser) 
 
SI Capital Limited                     [phone] 
 
Nick Emerson 
 
(Broker) 
 
Notes to Editor 
 
About Coinsilium 
 
Coinsilium is a focused Blockchain, DeFi and Crypto Finance venture operator. 
As the first ever IPO of a blockchain company in 2015, Coinsilium has 
harnessed its experience and wide-ranging network to invest in leading 
blockchain projects such as RSK/IOV Labs, Indorse and Blox. 
 
In July 2020 Coinsilium executed an agreement with global blockchain protocol 
company IOV Labs, to establish a 50/50 Joint Venture Company in Singapore to 
promote and commercialise RSK's products, services and technologies in the 
Asian markets and to promote the adoption in the region of the RIF token which 
powers the ecosystem of solutions developed by RSK, their partners and 
developers around the world. 
 
Coinsilium shares are traded on the 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 [3]www.coinsilium.com [3] or follow 
@CoinsiliumGroup on Twitter 
 
ISIN:          VGG225641015 
Category Code: MSCM 
TIDM:          COIN 
Sequence No.:  87220 
EQS News ID:   1145443 
 
End of Announcement EQS News Service 
 
 
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(END) Dow Jones Newswires

November 04, 2020 06:29 ET (11:29 GMT)