11th Sep 2025 10:06
(Alliance News) - Hamak Gold Ltd on Thursday said it has listed on the OTC Venture Market, as part of a drive to boost US investor exposure.
The Tortola, Virgin Islands-registered mining firm with licences in West Africa trades on London's Main Market. It aims for its secondary listing to increase liquidity and access to North American markets.
Alongside traditional mining activities, Hamak is pursuing a cryptocurrency treasury strategy. The firm noted that no shares were issued in connection to the US trading launch.
Hamak shares jumped 15% to 4.50 pence on Thursday morning in London.
"We are pleased to announce approval from the financial industry regulatory authority for Hamak to list on the OTCQB market. This is an important first step in a larger US strategy designed to widen the investor base for Hamak," commented Chair Nick Thurlow.
OTCQB is recognised by the US Securities and Exchange Commission as a middle-tier public market for "entrepreneurial and development" companies.
By Holly Munks, Alliance News reporter
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