Hamak Gold Boosts Exploration Funds Through Share Issuance

Hamak Gold Limited (GB:HAMA) has released an update.

Hamak Gold Limited has successfully raised £200,000 through the issuance of 16,000,000 new ordinary shares to further its gold exploration efforts in Liberia. The funds will primarily be directed towards advancing exploration at the Nimba high-grade gold discovery. Additionally, the company has settled outstanding fees and debts with directors and advisers through the issuance of shares, with new shares expected to be admitted to trading on the London Stock Exchange by May 1, 2024.

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