Hot Rocks Investments plc: Investment in Cel AI plc
Hot Rocks Investments plc (HRIP)
Hot Rocks Investments plc: Investment in Cel AI plc
01-Jul-2025 / 07:00 GMT/BST
1 July 2025
HOT ROCKS INVESTMENTS PLC
(the "Company")
Investment in Cel AI plc ordinary shares
Corporate Update
Cel AI plc
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 conditional £10,000,000 financing for Cel AI plc (“CLAI”) as announced on 30 June 2025. The new ordinary shares are due to be issued at 0.2p per share with net proceeds to be utilised to fund ongoing company operations and acquisition of bitcoin.
Corporate Update
Further to the Company’s announcement of 29 May 2025 regarding its proposed plans to invest in digital assets including bitcoin, the Company has resolved that it shall gain such exposure to the fast-moving sector via investments into companies operating in that space. At present it is not intended that the Company will acquire bitcoin directly though this will be kept under review in light of regulatory developments and potential future changes.
Upon completion of the above-mentioned 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
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
Dissemination of a Regulatory Announcement, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.ISIN: | |
Category Code: | MSCH |
TIDM: | HRIP |
LEI Code: | 213800JNSRPMZVREEO51 |
Sequence No.: | 394383 |
EQS News ID: | 2162832 |
End of Announcement | EQS News Service |