Hamak explainers, market intelligence and visual education — with company facts, analysis and external data clearly separated.
Hamak has given up its Nimba gold project in Liberia to BMMC, a subsidiary of Avesoro, for up to US$2 million in milestone payments and a 2% production royalty that BMMC can halve for US$2.5 million. The US$4.5 million headline is all contingent: nothing is paid on completion and the treasury does not move.
Hamak's unaudited interim results for the six months to 30 June 2026, published on 25 September, report a loss of $1.39 million, $0.70 million of it a non-cash fall in the value of its 26 bitcoin, and cash of $26,000 at 30 June against $3.11 million at 31 December 2025. Total equity fell from $3.38 million to $1.74 million, and all $3.41 million of liabilities, including $2.57 million of loans, fall due within a year.
Hamak sold 8 bitcoin on 18 September 2026 for £482,516.32 gross, announced on 21 September, leaving 18 BTC. It is the first time the treasury has gone down.
Hamak has appointed Snowden Optiro to prepare an independent NI 43-101-compliant PEA focused on the upper oxide zones and an open-pit heap-leach development concept.
The maiden NI 43-101 resource provides a quantified foundation for the Akoko investment case.
Hamak reported 179.9 million warrants tendered under the exchange offer.
Gold constrains supply through geology, capital and time; Bitcoin constrains issuance through protocol and consensus.
