Hamak Strategy Limited (LSE:HAMA) has unveiled a £35 million funding package aimed at accelerating its gold exploration and Bitcoin treasury initiatives. The financing includes a £5 million Convertible Loan Note from Yorkville Advisors Global and a proposed £30 million At The Market facility with AlbR Capital.
This funding structure is designed to give the company greater financial flexibility while supporting its growth plans and ensuring an orderly market for its shares. The arrangement remains subject to shareholder approval.
By combining gold exploration in Africa with a cryptocurrency treasury strategy, Hamak aims to enhance shareholder value through a diversified approach. However, the company’s involvement with Bitcoin underscores the inherent risks associated with crypto-related investments.
About Hamak Strategy Limited:
Hamak Strategy is a UK-listed company focused on gold exploration in Africa, complemented by a Bitcoin and cryptocurrency treasury management strategy. The company holds part of its reserves in Bitcoin and is not regulated by the Financial Conduct Authority, reflecting the speculative nature of its crypto exposure.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.
Leave a Reply