Join Our Mailing List
Monday May 29, 2023
Bitcoin (BTC) $28,092.53   Ethereum (ETH) $1,906.44
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Executives and Advisers

Coinsilium updates on TerraStream TGE progress; appoints mining advisor

Published by CryptoNinjas.net
02/19/2018
Coinsilium updates on TerraStream TGE progress; appoints mining advisor

Coinsilium Group, the accelerator that finances and manages the development of early-stage blockchain technology companies, has announced the appointment of Richard Lloyd as Mining Industry Sector Advisor to TerraStream, Coinsilium’s Gibraltar registered subsidiary. The company also provided an update on Terrastream’s progress towards the development of its platform and its planned Token Generating Event (TGE).

First announced back on August 23rd, 2017, TerraStream was formed with the objective of creating a blockchain powered platform to support the offering of token-based alternative funding solutions with potential applications across several industry sectors.

Initially, TerraStream plans to focus on the mining industry and in particular, precious metals and natural resources extraction. The build and development of TerraStream will be funded from the company’s existing reserves and the proceeds of a Token Generation Event under Gibraltar’s future ICO regulatory framework.

Appointment of Mining Industry Advisor to TerraStream

Coinsilium officially welcomed Mr. Richard Lloyd as Mining Industry Sector Advisor to TerraStream, with immediate effect.

Richard has 17 years investment banking experience with a specific focus on the mining and exploration sector. Richard began his career as a mining geologist, having worked on projects in Indonesia, Malaysia, Peru, and Zimbabwe, as well as deep level gold mining with AngloGold in South Africa. Richard has also held senior positions at Dresdner Kleinwort/Commerzbank, ANZ and Standard Bank. He holds a BSc (Hons) in Mining Geology and A.R.S.M and an M.Sc in Mineral Deposit Appraisal from the Royal School of Mines, Imperial College. Richard is a Fellow of the Institute of Materials, Minerals, and Mining, and a Fellow of the Geological Society. Richard is also an Independent Non-Executive Director of AIM-listed Goldstone Resources.

Coinsilium believes that the mining and exploration sector offers a broad range of compelling commercial opportunities for TerraStream, particularly in relation to the provision of project-level finance solutions for precious metals resource developers.

Market sector analysis and industry specific modelling is ongoing and discussions are now being advanced with potential industry partners.

TerraStream TGE Update

With Gibraltar’s DLT Regulatory framework successfully launched as of January 1st, 2018 Consilium is now awaiting the publication of a more specific set of regulations relating to token sales which are expected to be published by the Gibraltar Financial Services Commission (GFSC) during Q2, 2018.

Based on its discussions with Coinsilium’s legal advisors, ISOLAS, in Gibraltar and the public announcements from the GFSC, Coinsilium’s priority is to ensure that the TerraStream TGE will be fully compliant with Gibraltar’s forthcoming TGE regulations and aims to be in a position to commission the development and build of its Minimum Viable Product (MVP) once the TGE regulations are published.

Coinsilium’s Chairman Malcolm Palle commented:

“We are delighted to welcome Richard as an advisor to TerraStream and it is most pleasing that, as an industry sector veteran, he shares Coinsilium’s vision and enthusiasm for the opportunities that blockchain technology has to offer within the Mining and Exploration sector.”

“Richard is now working with us on developing the TerraStream model and we are confident that his industry knowledge and experience will be of great benefit as we progress discussions with potential industry partners and look to position TerraStream for its Mining sector launch”.

51
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

IOV Labs increases stake in Coinsilium with $439K investment

12/05/2020
IOV Labs and Coinsilium expand partnership to promote RSK and RIF platforms in Asia

Coinsilium, a blockchain, DeFi, and crypto finance venture operator and one of the earliest publicly listed blockchain companies, announced it has received a GBP330,000 (USD 439,000 equivalent) investment from Gibraltar-based IOV Labs (IOV), the...

Read more

IOV Labs and Coinsilium expand partnership to promote RSK and RIF platforms in Asia

01/28/2020
IOV Labs and Coinsilium expand partnership to promote RSK and RIF platforms in Asia

Following and expanding on July's strategic agreement, today, IOV Labs and blockchain venture builder and advisor Coinsilium announced the formation of a Joint Venture company in Singapore to promote IOV’s RSK and RIF OS...

Read more

Coinsilium partners with Devmons to launch smart contract development studio

11/26/2019
Coinsilium partners with Devmons to launch smart contract development studio

Coinsilium, a blockchain venture builder, advisor, and investor, today announced it has signed a Memorandum of Understanding (MoU) with Devmons Management Limited (Devmons), a Gibraltar registered technology management company, to jointly launch a blockchain...

Read more

Coinsilium, StartupToken and IOV Labs join to promote RSK network in Asia

07/11/2019
Rsk Iov Rif Coinsilium

Coinsilium, a blockchain venture builder, advisor, and investor, today announced that the company's Gibraltar registered advisory services provider, together with StartupToken, a hyper accelerator in which Coinsilium holds a 27.8% equity position, and IOV...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy