Hamak Gold Limited (GB:HAMA) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Hamak Gold Limited has successfully raised £200,000 through the issuance of 16,000,000 new ordinary shares to further its gold exploration efforts in Liberia. The funds will primarily be directed towards advancing exploration at the Nimba high-grade gold discovery. Additionally, the company has settled outstanding fees and debts with directors and advisers through the issuance of shares, with new shares expected to be admitted to trading on the London Stock Exchange by May 1, 2024.
For further insights into GB:HAMA stock, check out TipRanks’ Stock Analysis page.