Definitive Agreement Update

Summary by AI BETAClose X

Valereum Plc has provided an update on its definitive agreement with Quorium Global Photonics SPC (QGP), announcing that negotiations are well advanced and that a part payment of $300,000 has been received. The company views this relationship as a significant transaction and is working diligently to finalize the agreement, expressing excitement about the opportunities it will present.

Disclaimer*

Valereum PLC
16 April 2026
 

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Date: 16 April 2026

FOR IMMEDIATE RELEASE (Aquis Stock Exchange: VLRM)

Valereum Plc

("Valereum", "VLRM" or the "Company")

Definitive Agreement Update - QGP

Valereum Plc (AQSE: VLRM | OTCQB: VLRMF), a company aiming to become the global market leader in the rapidly developing tokenised digital markets sector, provides the following update in relation to the progress of the definitive agreement with Quorium Global Photonics SPC ("QGP") and receipt of the $300,000 as previously announced on 31 March 2026 and 10 April 2026, respectively.

The Board is pleased to announce that the Company is well advanced in negotiating the Definitive Agreement and has received part payment of the contracted $300,000 from QGP. 

Gary Cottle, CEO of Valereum Plc, commented:

"The relationship with QGP continues to be a monumental transaction for Valereum and the Board is working hard to finalise the agreement. We remain very excited about the opportunities that this will present to the Company." 

Further announcements will be made as appropriate.

For further information, please contact:

Valereum Plc

Karl Moss

 Tel: +44 7938 767319 

Investor Hub

Fortified Securities

Guy Wheatley                        

 

Tel: +44 203 4117773                 

Aquis Corporate Adviser   

Guild Financial Advisory Limited

Ross Andrews

 

 

E: ross.andrews@guildfin.co.uk

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

Please visit the Company's website at www.vlrm.com

For more information, and the chance to have your questions directly answered by the management team, please head to our interactive investor hub via: Investor Hub.

IMPORTANT NOTICES

The Company holds cryptocurrencies or crypto assets in its treasury. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in cryptocurrencies to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in cryptocurrencies, either directly or by proxy and shareholders will have no direct access to the Company's holdings. However, the Board of Directors consider cryptocurrencies to be an appropriate store of value and potential growth and therefore appropriate for the Company. Accordingly, the Company is and intends to continue to be materially exposed to cryptocurrencies.

The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the UK. As with most other investments, the value of cryptocurrencies can go down as well as up, and therefore the value of the Company's cryptocurrencies holdings can fluctuate. The Company may not be able to realise its cryptocurrencies holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its cryptocurrencies positions due to market movements. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.

Cryptocurrencies may present special risks to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and commingling of funds could cause unwanted delay; and (iv) crypto assets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. Prospective investors in the Company are encouraged to do their own research before investing.

 

 

 

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