Ann: CHP Secures $4M in Blockchain Platform - Securrency Inc, page-13

Massive deal for CHP with a 10% stake in Securrency, listing at a minimum valuation of $50m USD on the TSX

$1m raised @ a premium to the current share price to fund this investment + further working capital

It says it is looking for an RTO on the TSX at a SIGNIFICANTLY HIGHER VALUATION than the current $50m valuation - what does that mean? Double would mean a $10m USD value for CHP for this investment

Deal is worth $4m USD/10% which means CHP is effectively getting 2% ownership upon completion of there performance rights/obligations

Attached are some of the key points I’ve screen shot, take note of the last one in particular which is the white paper I signed up and found for the London Football Exchange

London Football Exchange is listing at a valuation of $350m USD ALONE, with Securrency owning a ‘significant stake’ in LFE - for now we must contemplate what a significant stake entails?? I would say greater than 20% given the language used, which would mean LFE is worth $70m upon listing alone to Securrency and a further $7m worth of value for CHP

Securrency - $5m USD value MINIMUM on a $4m USD investment (other peers in the same space are worth $150m+ so we wait to see) they go on to say they are going to list at a SIGNIFICANTLY HIGHER VALUATION THAN $50m.. what does that mean for the valuation? Double it’s current value? That would mean $10m USD value for CHP

London Football Exchange (minimum 20% holding IMO) - $7m USD value MINIMUM for CHP, given they are floating @ a $350m valuation as a coin

This deal is massive for CHP when you consider what they already have in store:

39.25% investment in 20Four worth $8.42m

20% investment in RNL currently worth $2.1m on a $600k investment

RFN investment currently worth $1.35m

Securrency 10% investment currently worth around $12m AUD to CHP at the significantly higher valuation

London Football Exchange investment, part of Securrency investment, currently worth $8m+ AUD for CHP

50% MJLS investment cost $600k+ USD, with a 25% convertible note for Aunt Zelda = massive $$

80% of SynDynamics already with CSIRO approval + 50/50 JV on 10k MTPA of waste in PNG = massive $$

Seems a $30m+ total valuation for CHP without further upside attached to the figures would be a ballpark figure for this company at present .. a very significant discount to the current $16m market cap

All IMO / DYOR