COINSILIUM GROUP
LIMITED
("Coinsilium" or
the "Company")
Coinsilium Group
Limited: Result of AGM and Chairman’s
Statement
Gibraltar, 12
December 2024 - Coinsilium
Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor,
advisor and venture builder hereby announces that at the Annual
General Meeting (the "AGM") of the Company held at 9:30am today all
resolutions were duly passed.
AGM Chairman’s
Statement
Dear
Shareholders,
It is a pleasure to address you at
this year’s AGM and to share our reflections on the considerable
progress Coinsilium has made over the past year, placing us in a
strong position as we look ahead to an exciting and promising
2025.
Since the start of 2024, Bitcoin's
price has surged approximately 135%, driven by ETF tailwinds and
increasing institutional interest. The subsequent months saw a
period of consolidation, as leverage was flushed from the system
and additional sell pressure emerged, including sales from the
German government and the unwinding of the Yen carry trade in
August. Despite these headwinds, inflows into US-listed Bitcoin
ETFs remained strong, paving the way for renewed price action in
November, underpinned by the shifting political landscape in the
United States. This positive momentum has pushed the price of
Bitcoin to over $100,000 and the total cryptocurrency market
capitalization beyond $3.75 trillion, marking the early stages of a
strengthening bull market with further room for growth as adoption
accelerates and investor participation deepens.
This positive backdrop bodes
exceptionally well for Coinsilium as a Web3-focused investor,
advisor, and venture builder, providing a clear signal that the
digital asset space is entering a new phase of
growth.
As Web3 adoption gathers pace and
decentralized technologies reshape traditional systems, Coinsilium
is exceptionally well-placed to leverage these favorable conditions
through our strategic investments, targeted advisory mandates, and
revenue-generating activities.
We believe 2025 will be a defining
year to "make hay while the sun shines”, seizing the confluence of
improving market sentiment, growing institutional engagement, and
accelerating innovation across the digital asset landscape. By
maintaining our focus on innovation, disciplined investments, and
sustainable revenue streams, Coinsilium is well-positioned to
deliver value for shareholders during this transformative period.
In doing so, we continue to reinforce our leadership role within
the industry while also acting as a conduit for investors seeking
considered exposure to the rapidly evolving digital asset space,
leveraging our expertise, experience, and proven ability to
identify and support promising opportunities at an early
stage.
Looking ahead, we are pleased to
inform shareholders that we will be providing a comprehensive
business update before the end of the year. This update will offer
further detail and guidance on developments within the business, as
well as progress across our investment and advisory portfolios. We
encourage shareholders to look out for this update, which will
provide greater insight into the opportunities we are pursuing and
our plans for continued growth in 2025 and beyond.
Finally, on behalf of the Board of
Coinsilium, I would like to extend our sincere gratitude to our
shareholders for your ongoing trust, support, and confidence in the
Company. I would also like to take this opportunity to thank our
exceptional team for their hard work, dedication, and commitment to
our shared vision. Wishing you all a joyful holiday season and a
happy, healthy, and prosperous New Year.
Yours sincerely,
Malcolm Palle
Chairman
The Directors of
Coinsilium Group Limited take responsibility for this
announcement.
Coinsilium Group
Limited
Malcolm Palle, Executive
Chairman
Eddy Travia, Chief
Executive
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+350 2000 8223
+44 (0) 7785 381 089
www.coinsilium.com
|
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Peterhouse
Capital Limited
(AQUIS Growth Market Corporate
Adviser and Corporate Broker)
|
+44 (0) 207 469 0930
|
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SI Capital
Limited (Joint Broker)
Nick Emerson
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+44 (0) 1483 413 500
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Oberon Capital
(Joint Broker)
Nick Lovering, Adam
Pollock
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+44 203 179 5300
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Notes to
Editor
About
Coinsilium
Coinsilium is an advisor, venture
builder and investor at the forefront of Web3 convergence. The
Company invests in and accelerates Web3 and AI powered technology
start-ups whilst supporting their development and
commercialisation.
Coinsilium also provides strategic
advisory services to start-ups looking to issue tokens through
token generation events.
Coinsilium’s wholly owned
subsidiary Coinsilium (Gibraltar) Limited is the Company’s
operational hub in Gibraltar. Coinsilium shares are traded on the
Aquis Growth Market in London, under the ticker symbol "COIN", and
on the OTCQB Venture Market in the United States under the ticker
symbol "CINGF”.
For more
information, visit: https://www.coinsilium.com/