Hamak Strategy Limited said it will admit 58,474,075 new ordinary shares to trading on the London Stock Exchange, rounding to 58.5 million in public filings.
The subscription portion comprises 25 million new shares issued to Verdant Capital Limited for a cash consideration of £200,000, according to a company announcement. An additional 33,474,075 shares will be issued under the firm’s warrant exchange program, replacing 167,370,376 warrants that will be cancelled.
The warrant adjustment reflects a reduction from the 179,906,090 warrants previously submitted for cancellation. Following the admission, Hamak’s total issued share capital will rise to 510,612,474 ordinary voting shares, with no treasury shares held.
The new shares will rank pari passu with existing ordinary shares, meaning they carry identical rights. Verdant Capital’s subscription was disclosed on July 9, 2026, while the warrant cancellation update was published on July 27, 2026. Trading in the new shares is expected to commence on or around September 3, 2026.
Hamak describes itself as a company engaged in West African gold exploration alongside a digital asset treasury management strategy.
