Vinanz Limited

About Vinanz Limited

Vinanz Limited (“Vinanz” or the “Company”) aims to build out a fully-fledged Bitcoin mining company initially focusing on installing clusters of Bitcoin miners in multiple decentralised data facilities throughout the US and Canada through third-party cryptocurrency mining providers such as Compass Mining. Whilst the Company will focus initially on BTC mining, it will also consider mining of other cryptocurrencies, and operations in the DeFi and Big Data space in the future.On Admission, the Company will acquire the BTC mining operations of Valereum PLC consisting of 20 Bitcoin mining machines and approximately 4.76 Bitcoins. The machines are all installed, and fully operational, and are based in Nebraska, in the US, at one of the facilities provided by Compass Mining. Currently, Valereum has a hosting agreement with Compass Mining (which will be novated to the Company) by which Compass Mining is responsible for operating those machines at a fixed cost.