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LONDON - Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF), a digital asset venture builder and investor, has received exercise notices for 6 million warrants at 3.75 pence per share, raising £225,000 in gross proceeds, according to a company press release issued Friday.
The exercised warrants were part of those granted during the company’s subscription and broker placement conducted through Peterhouse Capital and SI Capital in March 2024.
Coinsilium has applied for the new ordinary shares to be admitted to trading on the Aquis Stock Exchange Growth Market, with admission expected around July 10. Following admission, the company’s issued share capital will increase to 393,534,495 ordinary shares.
The new shares will rank equally with existing ordinary shares and will represent the total voting rights in the company, which shareholders may use as the denominator when calculating whether they need to notify changes in their interest under Financial Conduct Authority rules.
Coinsilium, established in 2015, describes itself as having a "long-established presence in the digital asset sector" with a portfolio of strategic investments across blockchain, financial technology, and digital infrastructure companies.
Earlier this year, the company launched Forza (Gibraltar) Limited, a wholly-owned subsidiary responsible for managing Coinsilium’s Bitcoin treasury and strategy.
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