RE: With the money available here4 Jul 2025 09:56
One of the investors in the fundraising was MBS Global Investments, which subscribed for £100,000. MBS is the investment arm of the Private Office of Sheikh Nayef Bin Eid Al Thani, a member of the Qatari royal family.
The Qatari investors will see to it that part of the proceeds are used to create a Bitcoin treasury.
“With the injection of additional capital, we are now well-positioned to pursue two core objectives in parallel, maximising our gold exploration opportunities and leading the UK market in bitcoin treasury management as a Main Market-listed company,” Chair Thurlow said in a statement.
Earlier this week, Hamak submitted applications to the Financial Conduct Authority (FCA) and the London Stock Exchange for the admission of 308,375,000 new shares to the equity shares (transition) category of the FCA’s Official List. The company expects the shares to begin trading on the main market on or around July 4, 2025.