Hamak Gold Limited Secures £2.467 Million Through Share Placement

According to PANews, Hamak Gold Limited, a publicly listed company in the UK, has announced the successful raising of £2.467 million through direct subscription and a share placement facilitated by Peterhouse Capital. The company issued 308,375,000 new ordinary shares at a price of £0.008 per share, representing a 27% discount from the closing price on July 2. Two new directors contributed £200,000 to the subscription, while two non-executive directors have resigned. Key investors include a private investment entity associated with Sheik Nayef Bin Eid Al Thani of the Qatari royal family. The company plans to allocate part of the funds to debt repayment and operational capital enhancement, with the remainder directed towards implementing a Bitcoin asset management strategy. Newly appointed Chairman Nick Thurlow stated that the company will focus on both gold exploration and digital asset management strategies, ensuring transparency, institutional-grade security, and governance through its listing on the main board of the London Stock Exchange.