Result of Annual General Meeting (25 June 2026)
Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF), a company combining advanced gold exploration in West Africa with a Digital Asset Treasury Management strategy, announces that at the Annual General Meeting of Hamak held at 11:30 am on 25 June 2026, all resolutions proposed at the meeting were duly passed on a poll.
The total number of votes received on each resolution were as follows:
| Votes | Votes | Total votes cast (excluding withheld) | % of issued share capital voted* | Votes withheld ** | |||
| For | % | Against | % | ||||
| Resolution 1: Financial Statements | 96,630,755 | 100.00% | 4,160 | 0.00 | 96,634,915 | 21.37% | 0 |
| Resolution 2: Remuneration Report | 96,618,262 | 99.98% | 16,653 | 0.00 | 96,634,915 | 21.37% | 0 |
| Resolution 3: Re-elect H Horlick as a director | 96,603,133 | 100.00% | 4,160 | 0.00 | 96,607,293 | 21.37% | 27,622 |
| Resolution 4: Re-elect N Karl Smithson as a director | 96,603,133 | 100.00% | 4,160 | 0.00 | 96,607,293 | 21.37% | 27,622 |
| Resolution 5: Re-elect M Murphy as a director | 96,630,755 | 100.00% | 4,160 | 0.00 | 96,634,915 | 21.37% | 0 |
| Resolution 6: Re-elect M Lampshire as a director | 96,599,043 | 99.99% | 8,250 | 0.00 | 96,607,293 | 21.37% | 27,622 |
| Resolution 7: Allot shares | 96,481,708 | 99.84% | 153,207 | 0.0016 | 96,634,915 | 21.37% | 0 |
| Resolution 8: Re-appoint Auditor | 96,630,755 | 100.00% | 4,160 | 0.00 | 96,634,915 | 21.37% | 0 |
| Resolution 9: Auditors Remuneration | 96,622,352 | 99.99% | 12,563 | 0.00 | 96,634,915 | 21.37% | 0 |
| *Total voting rights of the shares in issue: | |||||||
| **Please note a ‘vote withheld’ is not countered in the calculations of votes ‘for’ or ‘against’ a resolution | |||||||
The Company’s Chairman, Nicola Horlick, said: “I am grateful to the shareholders for the support that they have given to the Company over the past year. The Board is delighted with the initial results from the Akoko project in Ghana. Based on historical drilling and assay results, our consultants estimate that Akoko hosts a 252,000-ounce resource (non-JORC) from just two small areas and at depths of less than 50m from surface, which we believe will be amenable to low-cost open pit mining. In due course, we expect to announce an industry compliant mineral resoruce estimate based on historic and current drilling results, which will be followed by a Preliminary Economic Assessment of the mining opportunity at Akoko. This presents an exciting opportunity for the Company and its shareholders and we will continue to provide regular updates on progress.”
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 LimitedKarl Smithson, CEO and Executive DirectorMike Murphy, CSO and Executive Director | k.smithson@hamakstrategy.comm.murphy@hamakstrategy.com |
| AlbR Capital Limited (Corporate Broker) | +44 (0) 20 7469 0930 |
| Yellow Jersey PRAnnabelle Wills | +44 (0) 20 3004 9512 |
About Hamak Strategy Limited
Hamak Strategy 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.
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 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.