Coinsilium Group raises funds through warrant exercises

LONDON - Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF), a Web3-focused investor, advisor, and venture builder, has announced the exercise of warrants resulting in the issuance of 3,010,000 Ordinary Shares and raising a total of £104,550 for the company. These warrants were exercised at prices of 3.75p and 3p per share, originating from the company’s previous arrangements with Peterhouse Capital and SI Capital on April 21, 2023, and March 8, 2024, respectively.

The new Ordinary Shares are expected to be admitted to trading on the Aquis Stock Exchange Growth Market around June 11, 2025. These shares will have equal rights with the existing shares. Following the admission, Coinsilium’s issued share capital will increase to 340,292,589 Ordinary Shares, which will also represent the total voting rights within the company.

Shareholders will use this figure to assess their notification requirements for any changes in their holdings according to the Financial Conduct Authority’s Disclosure and Transparency Rules. The company has also confirmed that it does not hold any ordinary shares in treasury.

This financial move comes as part of Coinsilium’s ongoing efforts to support the growth and commercialization of Web3 and AI-powered technology startups. The company also provides strategic advisory services for token generation events through its subsidiary, Coinsilium (Gibraltar) Limited.

Coinsilium, known for being the first blockchain company to go public in 2015, operates under the ticker symbols "COIN" on the AQSE Growth Market in London and "CINGF" on the OTCQB Venture Market in the United States.

The information provided in this article is based on a press release statement from Coinsilium Group Limited.

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