BRIEF-Vci Global Enters Binding Term Sheet For Strategic Investment In Brazil Gold Asset, Advancing Integration Of Physical Gold Into Rwa And Digital Asset Treasury Strategy

VCI Global Limited

VCI Global Limited

VCIG

0.00

May 7 (Reuters) - VCI Global Ltd VCIG.O:

  • VCI GLOBAL ENTERS BINDING TERM SHEET FOR STRATEGIC INVESTMENT IN BRAZIL GOLD ASSET, ADVANCING INTEGRATION OF PHYSICAL GOLD INTO RWA AND DIGITAL ASSET TREASURY STRATEGY

  • VCI GLOBAL LTD - TO MAKE INITIAL INVESTMENT AND EXPECTED TO ASSUME EPC PARTNER ROLE

  • VCI GLOBAL LTD - TO RETAIN OPTION TO INCREASE OWNERSHIP INTEREST TO UP TO 51%

  • VCI GLOBAL LTD - DEAL TO BE SUPPORTED BY PHASED CAPITAL DEPLOYMENT PLAN

  • VCI GLOBAL LTD: IDENTITY OF ASSET AND COUNTERPARTIES HAS NOT BEEN DISCLOSED AT THIS STAGE

Source text: ID:nGNX3yfMJV

Further company coverage: VCIG.O


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