4 July 2025
HOT ROCKS INVESTMENTS PLC
(the "Company")
Investment in Hamak Gold Limited ordinary shares
Hamak Gold Limited
The Directors of the Company are pleased to announce that the Company has agreed to subscribe for £100,000 of new ordinary shares in the approximately £2.5m financing for Hamak Gold Limited (“HAMA”) as announced on 3 July 2025.
The new ordinary shares are being issued at 0.8p per share and come with warrants on a one for one basis exercisable at 0.8p per share for 2 years, being locked in for the first 12 months. Therefore Hot Rocks Investments plc shall receive 12,500,000 ordinary shares in HAMA and 12,500,000 warrants.
Net proceeds are to be utilised to settle certain creditors and for general working capital with any excess funds being applied to follow a focused Bitcoin Treasury Management programme.
Upon completion of the above-mentioned financing and the Cel AI financing the company will hold equity and / or warrant positions in the following entities:
Cel AI plc
D3 Energy
Electrum Discovery Corp
Elephant Oil Corp
Endor Group Limited t/a Universe Payments
Hamak Gold Limited
Laiva Gold Inc
Mafula Energy Limited
Mendell Helium plc
Minergy Limited
Mosi Copper Limited
New Horizon Oil & Gas Limited
Orcadian Energy Plc
Oscillate plc
Phoenix Digital Assets plc
Pilar Gold Inc
Rift Resources Limited
Supernova Digital Assets plc
Supernova Metals Corp
Tap Global Group plc
The Smarter Web Company Plc
Trigon Metals Inc
Tucano Gold Inc
Unicorn Mineral Resources plc
WeShop Holdings Limited
The Directors continue to look at opportunities to diversify and add value for shareholders.
For further details please contact:
Hot Rocks Investments plc
Gavin Burnell Tel: 0207 2644 546
Optiva Securities Limited
Vishal Balasingham Tel: 0203 981 4174