Valor announces strategic partnership with Spirit Blockchain and participation in private placement of CSE:SPIR

• Spirit is a Canadian-Swiss group operating in the blockchain and digital asset sectors with the primary objective of creating value in a fast-growing environment through recurring cash flows and capital growth.
• Valour’s CEO, Olivier Roussy Newton intends to apply for a seat on the Spirit Board after the completion of the private placement. In addition Spirit CEO Lewis Bateman will, after the conclusion of the private placement, join the board of Valor and guide Valor in product development.

TORONTO, March 2, 2023 /PRNewswire/ – Valor Inc. (the “Company“or”Valor“) (NEO: DEFI) (GR: MB9) (OTC: DEFTF), a technology company and the first and only publicly traded company bridging traditional capital markets, Web3 and decentralized finance is pleased to announce that it has agreed to a strategic partnership with Spirit Blockchain (CSE: SPIR), a Canadian company that offers shareholders diversified exposure to the Blockchain and Digital Asset Industry In advance of this strategic partnership, Valor will also participate in Spirit Blockchain’s private placement.

Spirit is listed on the Canadian Securities Exchange (CSE) under the symbol SPIR.CN. Spirit is a Canadian-Swiss group operating in the blockchain and digital asset sectors with the primary objective of creating value in a fast-growing environment through recurring cash flows and capital growth. Spirit gives investors direct exposure to the sector without the technical complexity or limitations of buying and holding the underlying crypto assets.

To align the interests of all parties and help Spirit achieve its goals, Valour’s CEO, Olivier Roussy Newton intends to apply for a seat on the Spirit Board after the completion of the private placement. In addition Spirit CEO Lewis Bateman will, after the conclusion of the private placement, join the board of Valor and guide Valor in product development. Over the next six months, the two firms will also establish objectives, key results and key indicators for the strategic partnership and execute definitive agreements reflecting the partnership.

“Valour is a great company to work with and the partnership will be the foundation for great opportunities and growth for both companies.” “This is just the beginning,” Spirit CEO Lewis Bateman so.

“We are thrilled to have the opportunity to work with Spirit Blockchain as a partner” said CEO of Valour, Olivier Roussy Newton. “This partnership symbolizes Valour’s commitment to building the leading decentralized digital asset management firm in the world.” Lewis Bateman has extensive experience in exchange-traded product solutions and capital formation in both traditional and digital markets and was a strategic leader in mergers and acquisitions at former public companies.

Learn more about the Valor and Spirit Blockchain at www.valour.com and www.spiritblockchain.com/

About Valor

Valor Inc. (NEO: DEFI) (GR: MB9) (OTCQB: DEFTF) is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and finance. Founded in 2019, Valor is backed by a recognized and pioneering team with decades of experience in financial markets and digital assets. Valour’s mission is to expand investor access to industry-leading Web3 and technologies. This allows investors to access the future of finance via regulated stock exchanges using their traditional bank account and access.

About Spirit Blockchain

Spirit is listed on the Canadian Securities Exchange (CSE) under the symbol SPIR.CN.

Spirit is a Canadian-Swiss group operating in the blockchain and digital asset sectors with the primary objective of creating value in a fast-growing environment through recurring cash flows and capital growth.

Spirit gives investors direct exposure to the sector, without the technical complexity or limitations of buying and holding the underlying crypto assets. Spirit’s strategy is based on management’s belief that the Blockchain and digital asset ecosystem will provide significant growth and outperform traditional asset classes in the medium to long term.

The company’s strategy is centered on four complementary financial units:

• Royalties & Streams by lending capital to Blockchain ecosystem participants, where repayment of notional and interest takes place in the form of crypto assets;
• Consultancy and research services;
• Treasury management through investment in major crypto assets with cold storage in Switzerland; and
• Deliver IT solutions to the sector within the areas of Compliance, AML, Forensics and Risk Reporting.

To learn more about Spirit, go to: www.spiritblockchain.com

Warning about forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, the strategic partnership between Spirit and Valor Inc.; Valor Inc. participating in the private placement of Spirit; Mr. Bateman being nominated to the board of directors of Valor Inc. after the closing of the private placement; Mr. Roussy Newton will be nominated to the board of Spirit after the closing of the private placement.; the regulatory environment with respect to the growth and adoption of decentralized finance; Valor and its subsidiaries’ pursuit of business opportunities; and the benefits or potential returns of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to differ materially from those expressed or implied by the Company. such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to, acceptance of Valor exchange-traded products by exchanges; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the company has attempted to identify important factors that may cause actual results to deviate significantly from those contained in the forward-looking information, there may be other factors that cause the results not to be as expected, estimated or intended. No guarantee can be given that such information will prove to be accurate, as actual results and future events may differ materially from those anticipated in such statements. Accordingly, readers should not rely on forward-looking information. The Company undertakes no obligation to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE Valor, Inc.