TLDR

Hamak Gold Limited announced a new Bitcoin treasury policy following a successful £2.47 million capital raise.
The company issued 308.4 million new shares at a 27 percent discount from the previous day’s closing price.
Newly appointed directors Nick Thurlow and James Lawrence temporarily received the new shares due to regulatory limitations.
Existing shareholders will receive warrants on the same terms as new investors with eligibility based on July 2 holdings.
MBS Global Investments, linked to a Qatari royal family member, invested £100,000 in the fundraising round.

London-listed Hamak Gold Limited advanced 6% on Thursday after confirming plans to integrate Bitcoin into its treasury policy. The announcement followed a £2.47 million equity raise through discounted shares, supported by new leadership and strategic backers. Several UK companies also moved toward Bitcoin adoption, echoing Hamak’s dual focus on digital assets and core operations.

Hamak Gold Raises Capital, Restructures Board, and Plans Bitcoin Treasury

Hamak Gold Limited introduced a Bitcoin treasury strategy after securing gross proceeds of £2.47 million via share placing and subscription. The shares were issued at 0.8 pence, marking a 27% discount compared to the previous close on July 2. Investors received 308.4 million new shares, which now represent 68.2% of the company’s expanded equity base.

The financing faced regulatory barriers due to listing rules that required an FCA-approved prospectus for a full market admission. As a solution, the newly issued shares went temporarily to directors Nick Thurlow and James Lawrence. These directors agreed to sell 283 million of those shares to investors at the same discounted rate.

The share placement coincided with major board changes that saw Executive Chairman Amara Kamara and Director Niall Young resign. Thurlow and Lawrence assumed their respective executive positions as part of the firm’s new direction. The firm submitted applications for listing the new shares to the FCA and London Stock Exchange, with trading expected from July 4.

Qatari Royal-Linked Investor Supports Bitcoin Move

Among the subscribing investors was MBS Global Investments, which allocated £100,000 toward the share placement. MBS operates as the investment arm of Sheikh Nayef Bin Eid Al Thani’s private office, a Qatari royal family member. This backing affirms institutional support for Hamak’s treasury plans and signals growing interest from Middle Eastern investors.

Existing shareholders will also receive warrants under the same terms as the newly placed shares. The deadline for eligibility was set at market close on July 2, a day before the announcement. Each share includes a two-year warrant, with a one-year lock-in and exercisable during the second year.

The company now aims to develop its gold projects while becoming a market leader in Bitcoin treasury policies on the Main Market. Hamak’s strategy mirrors growing adoption among UK-listed firms seeking diversification through digital assets. This dual-track approach positions the company within a shifting financial landscape influenced by cryptocurrency integration.

More UK Resource Firms Follow Bitcoin Treasury Path

Panther Metals joined the trend, disclosing its first Bitcoin purchase following a £2.2 million annual loss. Shares rose over 60% in a month as the firm announced plans to build £4 million in Bitcoin holdings. CEO Darren Hazelwood confirmed aggressive short-term accumulation as part of a revised corporate strategy.

Bluebird Mining Ventures raised £2 million in debt to acquire Bitcoin and is now targeting a £10 million increase. The company previously posted an $898,000 loss and described the initiative as critical for survival and growth. Founder Aidan Bishop confirmed Bitcoin would support future expansion and operational stability.

Vinanz continued to accumulate digital assets, funding its holdings through equity and debt. Its Bitcoin reserves now total $3.85 million, positioning it among the most aggressive in the sector. Following its April Bitcoin plan, Smarter Web Company’s market capitalization rose to £806.2 million.

 

The post Hamak Gold Adopts Bitcoin Treasury Policy After £2.47M Fundraise appeared first on CoinCentral.

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Filed under: News - @ July 3, 2025 5:28 pm