Business
Correction: Issuance of Director Shares
Correction: Issuance of Director Shares.
About this update from Hamak Strategy Limited
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The following additional information has been included in the 'Operational Update & Issuance of Director Shares' announcement released on 27 March 2023 at 16:07 under RNS No 3581U.\n \n \n An application has been made by the issuer to the FCA to have 1, 401, 912 Ordinary Shares listed on the FCA Official List. It is expected the shares will be admitted on 31 March 2023.\n \n \n All other details remain unchanged.\n \n \n The full amended text is shown below.\n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \n \n \n \n Hamak Gold Limited\n \n \n \n (\"Hamak Gold\" or the \"Company\")\n \n \n \n Operational Update\n \n \n \n \n Issuance of Director Shares\n \n \n \n Hamak Gold Limited (LSE: HAMA) is pleased to provide an update on the geophysical survey across its high-grade gold discovery at the Company's 100% held Nimba Licence in Liberia. \n \n \n \n Highlights\n \n \n \n ·\n Induced Polarisation (\"IP\") geophysical survey underway by consulting group GeoFocus\n \n \n \n \n \n ·\n 4,240m of line survey completed at orientation block over Ziatoyah gold discovery where initial drilling returned a near-surface intersection of 20m @7g/t Au\n \n \n \n \n \n ·\n Interpretation of initial results is promising at mapping the subsurface sulphide mineralization associated with gold mineralization discovered at Ziatoyah\n \n \n \n \n \n ·\n Survey to be expanded for a further 6,400m of line survey across the northwestern, strong gold in soil anomaly\n \n \n \n \n \n ·\n Objective of the survey is to define the margins of sub-surface sulphide mineralized units and to define and identify future drill targets\n \n \n \n \n \n \n Karl Smithson, Executive Director of Hamak Gold commented: \n \n \n \n \"The Induced Polarization (\"IP\") orientation geophysical survey is progressing well over the area which hosts the Ziatoyah high-grade gold discovery. Given the excellent quality of the data yielded so far, we are confid...