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Hamak Gold Limited ( (GB:HAMA) ) has issued an announcement.
Hamak Strategy Limited announced the results of its Extraordinary General Meeting, where a resolution to waive pre-emption share allotment and issue rights was passed with 98.38% of votes in favor. This decision could impact the company’s financial strategy and market positioning, especially given its involvement in high-risk Bitcoin investments, which are subject to volatility and regulatory challenges.
More about Hamak Gold Limited
Hamak Strategy Limited is a UK-listed company focused on gold exploration in Africa. The company also engages in a BTC/crypto treasury management policy, maintaining some of its treasury reserves and surplus cash in Bitcoin. It is not regulated by the Financial Conduct Authority, and its Bitcoin investments are considered high-risk due to their volatility and the largely unregulated nature of the market.
Average Trading Volume: 10,969,273
Technical Sentiment Signal: Sell
Current Market Cap: £6.9M
For an in-depth examination of HAMA stock, go to TipRanks’ Overview page.