According to , the London-listed company Helium Ventures plc announced that at the shareholders' meeting held earlier today, all resolutions were formally passed, including: (1) approval of establishing a Bitcoin vault, (2) issuance of new ordinary shares, and (3) changing the company name to VaultZ Capital plc.
The company has signed an investment management agreement with NewQube, an institutional-grade Bitcoin and crypto asset strategy provider, aimed at establishing Bitcoin fund management capabilities. Under the agreement, the company has issued 2,500,000 new ordinary shares to NewQube. NewQube will receive a 0.5% management fee annually based on the value of assets under management.
