News – UK – Clear Leisure increases &pound, 1 million for development plans for cryptocurrencies

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Clear Leisure has 1 million GBP raised before spending to expedite the development of its cryptocurrency plans

The company traded by AIM announced that it would raise funds by placing 100000000 new shares at 1p each were raised to a single investor, John Story

The net proceeds would allow him to accelerate and expand the development of his cryptocurrency plans, including entering into cloud mining contracts with existing mining pool operators more quickly

The funds would also help to set up a Bitcoin mining operation in Italy, finance the procurement of economically renewable wind farms and hydropower and, in addition to the planned operation in Italy, create one or more replicas of the existing Bitcoin cryptocurrency infrastructure located is currently in Serbia

Finally, it would fund the development of innovative hardware solutions for cryptocurrency mining and help Clear Leisure take a “direct step” in the new crypto validators segment

Story would also grant 100 million warrants on Clear Leisure shares, with each warrant holder entitling the warrant holder to subscribe for one new share at a price of 2p each, and would be exercisable for two years from the date the placing shares were admitted

After the placement, but prior to the exercise of warrants, John Story would have an interest of approximately 1114% in Clear Leisure

“I am delighted to welcome John Story as a significant shareholder in Clear Leisure and to have direct access to the exciting technologies he has recently invested in, which could be extremely beneficial to our new cryptocurrency initiatives,” said the Managing Director Chairman and Managing Director Francesco Gardin

Brainspark, cryptocurrency, LON: CLP, share, Bitcoin, investor, finance

News – GB – Clear Leisure increases £ 1 million for development plans for cryptocurrency
Associated title :
Clear Leisure raises 1 million GBP for development plans for cryptocurrencies
>> Clear Leisure Shares jumps to 1 million with a new investor GBP Fundraise
Clear Leisure: Place to raise 1 million pounds

Source: https://www.sharecast.com/news/aim-bulletin/clear-leisure-raises-pound1m-for-cryptocurrency-development-plans–7820251.html