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Hamak Gold Directors Adjust Shareholdings Amidst Promising Gold Discoveries

Story Highlights
  • Martin Lampshire transferred 4,759,909 shares to his SIPP, keeping his holding at 6,389,470 shares.
  • Nicholas Thurlow bought 500,000 shares, raising his holding to 19,250,000 shares, reflecting confidence in the company.
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Hamak Gold Directors Adjust Shareholdings Amidst Promising Gold Discoveries

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Hamak Gold Limited ( (GB:HAMA) ) just unveiled an update.

Hamak Gold Limited has announced recent director dealings involving Non-Executive Director Martin Lampshire and Executive Chairman Nicholas Thurlow. Martin Lampshire transferred 4,759,909 shares into his personal SIPP, maintaining his total beneficial holding at 6,389,470 shares, which represents 1.41% of the company’s issued share capital. Meanwhile, Nicholas Thurlow purchased 500,000 shares, increasing his total beneficial holding to 19,250,000 shares, representing 4.26% of the issued share capital. These transactions reflect ongoing confidence in the company’s operations and potential growth, particularly in light of its recent high-grade gold discovery in Liberia.

More about Hamak Gold Limited

Hamak Gold Limited is a UK-listed company focused on gold exploration in Liberia. The company has identified a new high-grade gold discovery in its Nimba license area, which is near the commercial Ity Gold Mine on the border with Ivory Coast.

Average Trading Volume: 7,698,864

Technical Sentiment Signal: Buy

Current Market Cap: £9.95M

For an in-depth examination of HAMA stock, go to TipRanks’ Overview page.

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