Statement regarding investment in Vaultz Capital
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.