Valereum PLC - Update on Option Agreement
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Released
Announcement PDF
RNS Number : 2405X
Valereum PLC
14 February 2025
14/02/2025
Valereum Plc
("Valereum", "VLRM" or the "Company")
Valereum PLC Update on Blue Sky Vision Option Exercise
Valereum Plc (AQSE: VLRM) would like to inform the market that the £2 million option
agreement with Blue Sky Vision LLC (announced on 16 December 2024 and on 2 January
2025) will not be proceeding. However, Valereum Plc is in negotiations with another entity
to take up this subscription as part of the wider ongoing discussions previously announced
to the market and expect to come to a satisfactory conclusion during February.
There is no guarantee that Valereum Plc will successfully close the proposed £2 million
raise and further market updates will be provided in due course.
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. Here you
will find all company news and additional content to further explain Valereum's strategy
and products.
For further information, please contact:
Valereum Plc
Peter Sekhon, Investor Relation Director
Engage with the company directly
Tel: +44 7938 767319
Investor Hub
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 atwww.vlrm.com or to engage with the Valereum
management team directly by asking questions, watching video summaries and seeing what other shareholders
have to say.
Navigate to our Interactive Investor hub here:Sign Up
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