tiprankstipranks

Hamak Gold Partners with First Au for Nimba Project in Liberia

Story Highlights
  • Hamak Gold partners with First Au for Nimba Gold Project exploration in Liberia.
  • The partnership aims to advance Nimba efficiently, benefiting shareholders and Liberia’s resource sector.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hamak Gold Partners with First Au for Nimba Project in Liberia

Confident Investing Starts Here:

Hamak Gold Limited ( (GB:HAMA) ) has issued an announcement.

Hamak Gold Limited has announced a strategic partnership with First Au Limited for the Nimba Gold Project in Liberia. Under this agreement, First Au will fund exploration and drilling activities, potentially increasing its stake in the project, while Hamak Gold will benefit from share issuances and potential future value from resource declarations. This partnership aims to advance the Nimba project efficiently and is seen as beneficial for both shareholders and Liberia’s resource sector. Additionally, Hamak Gold has made board changes and issued shares to directors and consultants to conserve cash.

More about Hamak Gold Limited

Hamak Gold Limited operates in the resources sector, focusing on exploration and development of mineral projects. The company is primarily engaged in gold exploration, with a significant market focus in Liberia, where it seeks to leverage its majority Liberian ownership to attract foreign investment.

Average Trading Volume: 265,109

Technical Sentiment Signal: Sell

Current Market Cap: £385.1K

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App