CBI announces the repayment of a share loan granted by Ker Ventures SARL as part of the Brilliantcrypto transaction

CBI announces the repayment of a share loan granted by Ker Ventures SARL as part of the Brilliantcrypto transaction

CRYPTO BLOCKCHAIN INDUSTRIES ("CBI", Euronext Growth Paris: FR0014007LW0 - ALCBI) announces the repayment of a loan of 12,000,000 CBI shares granted by Ker Ventures SARL on 27 May 2024 as part of the Brilliantcrypto transaction.

This loan was repaid by the issue of 12,000,000 new CBI shares, i.e. a number of shares strictly equal to the number of shares loaned by Ker Ventures SARL. For the record, this loan was interest-free.

Warning

The realisation of CBI's projects, as well as their operating budgets and financing plans, remain fundamentally subject to major uncertainties, and failure to realise the underlying assumptions may have a significant and adverse impact on the value of CBI's assets and liabilities.

About CBI

CRYPTO BLOCKCHAIN INDUSTRIES ("CBI") is a French company that develops, operates and invests in video games, professional applications and selective projects related to blockchain, Non-Fungible Tokens ("NFTs") and cryptocurrencies. Founded by Frédéric Chesnais, a well-known video game industry entrepreneur and blockchain pioneer, CBI's ambition is to develop and add value to a portfolio of blockchain activities covering various sectors (video games, finance, logistics, etc.) to take advantage of this technology, either directly or in partnership. CBI has already made several investments and is currently developing a virtual world (metaverse), AlphaVerse, based on blockchain technology. CBI shares are listed on Euronext Growth in the E2 listing group (public offering). For more information, visit www.cbicorp.io.

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