par Hot Rocks Investments Plc (ETR:GB00B1WV)
Hot Rocks Investments plc: Audited Final Results for year ended 31 March 2025
Hot Rocks Investments plc (HRIP)
30 September 2025 HOT ROCKS INVESTMENTS PLC (the "Company") Audited Final Results for year ended 31 March 2025 Managing Director’s Statement
“I hereby present the financial results for the Company for the year ended 31 March 2025. The Company has been an active investor primarily in junior natural resources companies. The Company also reviews opportunities to invest in other sectors, particularly technology, and generally seeks to invest in exciting companies where our valuation entry point reflects the early-stage nature of their business or sector which, although carrying higher risk, gives us exposure to considerable upside.
We have continued to build and nurture our investment portfolio during the year in difficult market conditions for small companies and are pleased with the Company performance. We also had a favourable cash position enabling us to take advantage of situations as they arose.
The Company made a loss for the year of £173,615, and a profit of £46,984 in the prior year. The Company will not be paying a dividend for the foreseeable future (2024: £Nil) as we seek to reinvest any sale proceeds from our investments into opportunities with the potential for significant capital growth.
Cash and cash equivalents as at the year end of 31 March 2025 were £108,360 (2024: £5,386).
During the year we sold approximately 94% of our holding in Phoenix Digital Assets plc in a tender offer for the sum of £235,125.
We also sold our holding in Impact Oil & Gas Limited, to Africa Oil Corp, receiving the sum of £142,250, a 5.6X return on the Company’s investment.
Post year end we have been very active, taking interests in various companies including Wishbone Gold plc, The Smarter Web Company plc, Oregen Energy Corp (formerly Supernova Metals Corp.), Mendell Helium plc, First Development Resources plc, Hamak Gold Ltd, Astrid Intelligence plc (formerly CEL AI plc), B.Hodl plc, Prospectiva Resources Limited and Parent Capital Corp.
We now hold interests in ordinary shares and/or convertible loans and/or warrants in the following entities:
Astrid Intelligence plc (formerly CEL AI plc) B.HODL plc Electrum Discovery Corp Elephant Oil Corp Endor Group Limited t/a Universe Payments Hamak Gold Ltd Laiva Gold Inc Mafula Energy Limited Mendell Helium plc Minergy Limited Mosi Copper Limited Orcadian Energy plc Oregen Energy Corp (formerly Supernova Metals Corp) Oscillate plc Parent Capital Corp. Phoenix Digital Assets plc Pilar Gold Inc Prospectiva Resources Limited Rift Resources Limited Supernova Digital Assets plc TAP Global Group plc The Smarter Web Company Plc T5 Oil & Gas Ltd Trigon Metals Inc Tucano Gold Inc Unicorn Mineral Resources plc WeShop Holdings Limited
We are seeing numerous exciting opportunities at present and look forward to keeping the market updated in the coming months.”
Gavin Burnell Managing Director
For further details please contact: Hot Rocks Investments plc Gavin Burnell Tel: 0207 2644 546
Optiva Securities Limited Vishal Balasingham Tel: 0203 981 4174
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