Client work
Capital Markets team advises Hamak Strategy on £2.5 million convertible loan and ATM facility
3
Our Capital Markets team has advised Hamak Strategy Limited (Hamak Strategy) on a £2.5 million Convertible Loan Note (CLN) and an At The Market (ATM) facility for up to £30 million.
Hamak Strategy, listed on Official List and trading on the London Stock Exchange, combines gold exploration in Africa with digital asset treasury management.
The funds raised will support its integrated gold and bitcoin strategy, designed to enhance shareholder value.
The funding package is made up of a CLN with YA II PN Ltd, an institutional investor managed by Yorkville Advisors Global, LP and also includes the ATM facility with corporate broker AlbR Capital.
The team advising was led by Partner Charles Bond, supported by Legal Director Sue Johnston, Consultant Marta Pink and Associate Sarah Lambert.
Gowling WLG's Capital Markets team is recognised as one of the leading practices in London. With wide ranging experience, the team acts for both companies and investment banks on IPOs, secondary fundraisings and public takeovers, as well as advising on ongoing compliance and corporate governance issues.
NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
