Hot Rocks Investments Plc Invests in Hamak Gold Limited

Hot Rocks Investments Plc announced an agreement to invest £100,000 in new ordinary shares of Hamak Gold Limited. This investment is part of a wider £2.5 million financing round for Hamak Gold. The shares are priced at 0.8p each and come with warrants, providing the company with an equal number of warrants exercisable at the same price for two years, with a 12-month lock-in period.

The funds raised will be used to settle specific creditors and for general working capital. Surplus funds will support a Bitcoin Treasury Management programme. The investment further diversifies the company’s holdings, which include stakes in firms across the energy, technology, and resources sectors. This strategy aims to enhance shareholder value.