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Hamak Gold Limited ( (GB:HAMA) ) has shared an update.
Hamak Gold Limited has announced progress in its joint venture with First Au Limited on the Nimba project in Liberia. The company has completed a Stage 1 payment and received shares, securing a 35% interest in the project. A 3,000-meter drilling program is underway, funded by FAU, which helps Hamak Gold preserve cash for its digital asset strategy. The venture is expected to strengthen the company’s balance sheet and aligns with its dual strategy of gold exploration and cryptocurrency management.
More about Hamak Gold Limited
Hamak Gold Limited is a UK-listed company focused on gold exploration in Africa, combining this with a digital asset treasury management strategy. The company offers investors exposure to gold and cryptocurrency through its main board listing on the London Stock Exchange.
Average Trading Volume: 19,104,353
Technical Sentiment Signal: Buy
Current Market Cap: £17.18M
Learn more about HAMA stock on TipRanks’ Stock Analysis page.