Change of Company Name to Hamak Strategy
Summary by AI BETAClose X
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
25 September 2025
Hamak Gold Limited
("Hamak" or the "Company")
Change of Company Name to Hamak Strategy
New Website
Hamak Gold Ltd. (LSE: HAMA / OTCQB: HASTF), a company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy, is pleased to announce that it intends to change its name to Hamak Strategy Ltd ("Hamak Strategy").
A submission for the proposed name change has been lodged with the Registrar of Corporate Affairs in the British Virgin Islands where the Company is incorporated and the Certificate of Name Change is awaited. Trading in the Company's shares will continue under Hamak Gold Limited until the Certificate of Name Change is received, expected to be on or around 26 September 2025. The Company's current TIDM, ISIN and SEDOL will remain the same and a further announcement will be made on the date the change is formalised. The change of name will not affect any shareholders' rights. Existing share certificates will remain valid and it is not proposed that replacement certificates be issued.
The decision to change the Company's name reflects the recent evolution of the corporate strategy, with the Company announcing on 3 July 2025 its aim to provide institutional and professional investors with structured, professionally managed exposure to both gold and the wider digital asset space.
On 30 July 2025, the Company became one of the first Main Market-listed companies in London to establish a Bitcoin Treasury following the purchase of 20 Bitcoin as part of its broader capital allocation and treasury management strategy.
Since this date, and more particularly in the last few weeks, following several unsolicited approaches and introductions made by key stakeholders, the Company has entered into constructive and ongoing dialogue with a number of parties with a view to materially accelerating the ambitious growth plans of the Company. Whilst there can be no guarantee or assurance that any of these initiatives and discussions will reach fruition, the Board is greatly encouraged by this interest, which it sees as a major validation, from significant international counterparties, of Hamak's "twinned" gold and DAT strategy.
In line with the name change and new strategy, the Company is also pleased to have launched its new website, which interested parties are invited to visit: https://hamakstrategy.com/
Investor Webinar
The Company reminds investors that Nick Thurlow, Executive Chairman and Karl Smithson, Executive Director, will host a live presentation via the Investor Meet Company platform today at 12:00 BST where the Company strategy and update will be further elaborated.
Investors can sign up for free via: https://www.investormeetcompany.com/hamak-gold-limited/register-investor. Investors who already follow the Company on the Investor Meet Company platform will have been automatically invited.
For further information you are invited to view the company's website at https://hamakstrategy.com/ or please contact:
|
Hamak Gold Limited Nick Thurlow Karl Smithson |
|
|
Peterhouse Capital Limited (Corporate Broker) Yellow Jersey PR Annabelle Wills |
+44 (0) 20 7469 0930
+44 (0) 20 3004 9512 |
About Hamak Gold Limited
Hamak Gold Limited (LSE: HAMA / OTCQB: HASTF) is a UK listed company focussed on gold exploration in Africa and with a strategy of pursuing an appropriate and compliant BTC/ crypto treasury management policy.
Important Notice
The Company maintains some of its treasury reserves and surplus cash in Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated by The Financial Conduct Authority (FCA) and Bitcoin investments are generally not subject to regulation by the FCA or otherwise in the United Kingdom. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.
The FCA considers Bitcoin investments to be high-risk. The value of Bitcoin can go up as well as down, leading to fluctuations in the value of the Company's Bitcoin holdings, and the Company may not be able to realise its Bitcoin holdings for the same amount it paid to acquire them, or even for the value the Company currently attributes to its Bitcoin positions.
The Company's Board of Directors have identified the following risks in relation to the holding of Bitcoin, which are not exhaustive:
• The value of Bitcoin can be highly volatile, with its value falling as quickly as it rises. Investors in Bitcoin must be prepared to lose all money invested.
• The Bitcoin market is largely unregulated. There is a risk of losing money due to factors such as cyber-attacks, financial crime, and counterparty failure.
• The Company may not be able to sell its Bitcoin at will. The ability to sell Bitcoin depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks, and comingling of funds could cause unwanted delays.
• Cryptoassets carry a perception of fraud, money laundering, and financial crime.
An investment in the Company is not an investment in Bitcoin itself, but prospective investors in the Company are encouraged to conduct their own research before investing and should be aware that they will have indirect exposure to the high-risk nature of cryptoassets, including their volatility, and could therefore sustain large or total losses of their investment.
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