READ THE RNS CAREFULLY - rivate Office of Sheik Nayef Bin Eid Al Thani, a member of the Qatari Royal Family3 Jul 2025 08:50
Highlights
GOLD ++++ BITCOIN +++ QATARI INVESTMENT
· £2,467,000 raised at a price of £0.008 per share (the "Issue Price") from a range of new investors, including the investment arm of the Private Office of Sheik Nayef Bin Eid Al Thani, a member of the Qatari Royal Family
· New Board appointments to significantly increase the Company's Middle East and Gulf connections and advance the Company's corporate strategy of embarking on a Bitcoin Treasury Management ("BTM") Policy alongside its existing gold exploration
· Investors will receive one warrant for each new ordinary share subscribed for, exercisable at the Issue Price (the "Investor Warrants"). Additionally, all existing shareholders on the register, immediately prior to this announcement, will receive a free 1-for-1 warrant at the Issue Price ("Existing Shareholder Warrant").
· All warrants are exercisable for a period of two years from the date of this announcement and are subject to a one-year lock-in from this date.
Nick Thurlow, newly appointed Chairman of Hamak Gold Ltd, commented:
"This is an exciting strategic development for Hamak. With the injection of additional capital, we are now well-positioned to pursue two core objectives in parallel. Firstly, maximising our existing gold exploration and development opportunities and secondly, seizing the transformative opportunity as a Main Market listed company to lead the UK in bitcoin treasury management.