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Clarification: Report on Hamak Gold Ltd. and 79 Resources Inc.

The Hard Facts wishes to issue a formal clarification regarding a previously published investigative report alleging that Hamak Gold Ltd. and its subsidiary, 79 Resources Inc., were involved in licensing fraud within the Liberian mining sector. Following a comprehensive review and verification process, it has been established that the allegations contained in the original report are unsubstantiated. 79 Resources Inc. remains in good standing with the Government of Liberia and continues to operate in accordance with the legal and regulatory frameworks established by the Ministry of Mines and Energy. Hard Facts further confirm that 79 Resources Inc. has formally communicated with the Ministry of Mines and Energy, seeking clarity on any purported outstanding obligations on the part of its parent company, Hamak Gold Ltd. In its communication, the company requested that, should any valid obligations exist, the Ministry issue an invoice to facilitate immediate resolution. This action demonstrates the company's commitment to transparency, compliance, and good faith engagement with Liberian authorities. In light of these developments and the current facts available, The Hard Facts fully retracts its earlier report on this matter. Hard Facts acknowledge that the story, as previously published, did not meet our standards of accuracy and verification and should not have been published. We regret any reputational harm or confusion this may have caused to Hamak Gold Ltd., 79 Resources Inc., and their stakeholders. Additionally, in the course of the broader investigation into governance within the Ministry of Mines and Energy, Hard Facts team has uncovered troubling evidence of irregularities and potential misconduct involving senior officials, including an Assistant Minister and several figures within state-owned enterprises. Preliminary findings suggest the need for further scrutiny and public accountability. Hard Facts is committed to responsible journalism and will release a detailed report, accompanied by documentary evidence, in the near future. Hard Facts reaffirm dedication to ethical reporting and the public’s right to accurate and well-substantiated information. The Hard Facts remains vigilant in its duty to report the truth while ensuring fairness and objectivity.                                                   

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