
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.
14 July 2026
Hamak Strategy Limited
("Hamak" or the "Company")
Statement regarding investment in Vaultz Capital plc (AQSE: V3TC)
Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF), a Company combining advanced gold exploration in West Africa with a disciplined Digital Asset Treasury Management strategy, notes the publication by Vaultz Capital plc ("Vaultz" or "V3TC") of a circular convening a general meeting on 21 July 2026 to consider resolutions to withdraw its Bitcoin treasury policy and grant authority to dispose of its Bitcoin holdings.
Hamak confirms that it holds 6,500,000 ordinary shares in V3TC. The holding was acquired as a financial and strategic investment, providing Hamak with exposure to a listed company whose asset base has been substantially underpinned by Bitcoin, and which is now seeking shareholder authority to broaden its strategic focus.
Having reviewed the V3TC circular, Hamak intends to vote in favour of both proposed resolutions. Hamak's Board believes the resolutions should provide V3TC with greater flexibility to realise value from its Bitcoin holdings and potentially reposition itself as a cash-backed acquisition platform capable of pursuing value-accretive opportunities.
V3TC stated in its 2 June 2026 announcement that, following its £1.0 million subscription, its unaudited NAV was approximately £8.0 million, equivalent to approximately 3.1 pence per share, and that its asset base included 134 Bitcoin. Hamak believes that, if the V3TC board is able to realise its Bitcoin holdings in an orderly manner and deploy the proceeds into a disciplined transaction, the V3TC platform could retain meaningful value as a listed, cash-backed vehicle.
Hamak will continue to monitor the V3TC position carefully and will assess any future V3TC transaction or strategic development against Hamak's capital allocation priorities, including the advancement of the Company's West African gold portfolio and its disciplined treasury strategy.
Mike Murphy, Chief Strategy Officer and Executive Director of Hamak, commented:
"Hamak's position is straightforward. We support practical steps that give V3TC the flexibility to unlock balance sheet value and move from passive asset holding to active value creation. We believe that a well-funded, cash-backed listed platform can have strategic value if capital is deployed with discipline. Hamak will remain supportive as V3TC moves into its next stage."
For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of Hamak is Karl Smithson, CEO and Executive Director.
For further information on Hamak you are invited to view the Company's website at https://hamakstrategy.com/ or please contact:
|
Hamak Strategy Limited |
k.smithson@hamakstrategy.com |
|
AlbR Capital Limited (Corporate Broker) |
+44 (0) 20 7469 0930 |
|
Yellow Jersey PR |
+44 (0) 20 3004 9512 |
About Hamak Strategy Limited
Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF) is a UK listed company focused on gold exploration in Africa and a Digital Asset Treasury Management strategy focused on Bitcoin.
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.
However, 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 has 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 supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and commingling 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.