02/01/2025

Valereum Plc

 ("Valereum" or the "Company")

Valereum Plc announces exercise of £2m option agreement by

Blue Sky Vision LLC

Valereum Plc (AQSE: VLRM) is pleased to announce that, as per announcement of 16 December 2024, Blue Sky Vision LLC ("Blue Sky") has exercised its option to subscribe for 20,000,000 ordinary shares ("Subscription Shares") in the share capital of Valereum at an issue price per share of GBP £0.10 ("Exercise Price"), enabling the Company to raise £2 million, subject to satisfactory completion of due diligence. A further announcement will be made upon the completion of the subscription and issuance of the Subscription Shares which is expected to occur by the end of January 2025.  

This partnership marks another step forward for Valereum, paving the way for its enhanced growth and innovation:

1.   Strategic Growth Potential: This potential funding provides Valereum with the capital required to expand its portfolio and pursue transformative projects in emerging markets.

2.  Shared Values and Long-Term Vision: Blue Sky Vision and its affiliated entities focus on a tailored approach to investment, focusing on fostering long-term relationships.

The Excitement of Strategic Collaboration

This potential partnership is born from a shared commitment to innovation and growth. Blue Sky Vision and its affiliated entities aim to provide strategic advisory and operational support and will help position Valereum to seize new opportunities and navigate challenges with agility should the share purchase transaction be completed. Together, we aim to redefine industry standards and deliver exceptional outcomes for investors.

Building and Growing Together

Once completed, the £2 million funding round will symbolise more than a financial boost, it would be a joint endeavour to maximise impact and dig into untapped potential. With Blue Sky Vision and its affiliated entities' dedicated resources and network, alongside the support of DMC Markets Inc. With the completion of these deals, Valereum will be well-equipped to scale operations, access new markets, and build sustainable growth.

More About Blue Sky Vision and its affiliated entities

Blue Sky Vision and its affiliated entities consist of a diverse team with extensive experience in the investment and finance industry. Leveraging the team's experience, the group specialises in empowering entrepreneurial businesses through customised investment strategies and strategic guidance.

Valereum CEO Nick Cowan added:

"This is a defining moment for Valereum, following a culmination of our efforts to source funding from strategic partners which bring synergistic benefits into Valereum. We are now focused on significantly accelerating the delivery of our vision. Together, we plan to scale the business to unprecedented heights and deliver significant value to our investors and stakeholders."

This contemplated subscription and issue of shares will be conditional upon First Sentinel Corporate Finance performing their routine compliance review of the private equity Investor.

The Subscription Shares will be subject to a lock-up for a period of 12 months from the date of the applicable issue and allotment ("Lock-up period"), except that, following the expiry of the first six months of the Lock-Up Period, the restrictions will no longer apply to the sale, transfer, or disposal of the Subscription Shares, provided that the aggregate market value of the Subscription Shares disposed of does not exceed the value of the Option.

We will continue updating the market with further news in due course.

For further information, please contact:

Enquiries:   

Valereum Plc   

James Formolli, Chairman    

Tel: +44 7938 767319   

Stanford Capital Partners                  

Bob Pountney

Patrick Claridge

Tel: +44 023 3650 3650

AQSE Corporate Adviser   

First Sentinel Corporate Finance    

Brian Stockbridge / Gabrielle Cordeiro   

Tel: +44 20 3855 5551 

The Directors of the Company accept responsibility for the contents of this announcement.

For more information, please visit the Company's website at www.vlrm.com