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The latest update is out from Hamak Gold Limited ( (GB:HAMA) ).
Hamak Strategy Limited has completed a £2.5 million convertible loan note (CLN) and signed an At the Market (ATM) facility with its broker, AlbR Capital, to support its dual strategy of gold exploration and Bitcoin treasury management. The funding package provides flexibility for Hamak to invest in gold exploration and mining opportunities while strengthening its balance sheet through strategic acquisitions of Bitcoin and physical gold, aiming to enhance share value and achieve asset growth for shareholders.
More about Hamak Gold Limited
Hamak Strategy Limited is a UK listed company focused on gold exploration in Africa, combining traditional gold exploration with a Digital Asset Treasury Management strategy. The company is involved in gold acquisition opportunities and maintains a treasury policy that includes investments in Bitcoin and physical gold to diversify risk and enhance shareholder value.
Average Trading Volume: 8,670,396
Technical Sentiment Signal: Sell
Current Market Cap: £4.7M
See more insights into HAMA stock on TipRanks’ Stock Analysis page.