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Hawkmoon Resources ( (TSE:WISE) ) has issued an announcement.
Earthwise Minerals Corp. has announced a non-brokered private placement of up to 17,000,000 non-flow-through units at $0.035 per unit, for potential gross proceeds of up to $595,000. Each unit comprises one common share and one warrant exercisable at $0.05 for 36 months, with the funds earmarked for general working capital and exploration work at the company’s Iron Range Gold Project in southeastern British Columbia. The financing, which may include finders’ fees and will be subject to a four-month-plus-one-day hold period under Canadian securities laws, is intended to bolster Earthwise’s efforts to advance its sizeable, fully permitted gold property within a prolific mineralized corridor, potentially strengthening its position in the junior mining exploration space.
More about Hawkmoon Resources
Earthwise Minerals Corp. is a Canadian junior exploration company focused on advancing the Iron Range Gold Project in southeastern British Columbia near Creston. The company holds an option to earn up to an 80% interest in this fully permitted, road-accessible project, which spans a 10 km by 32 km area along the Iron Range Fault System and hosts multiple high-grade gold showings as well as large-scale geophysical and geochemical anomalies.
Average Trading Volume: 127,937
Technical Sentiment Signal: Buy
Current Market Cap: C$1.2M
For an in-depth examination of WISE stock, go to TipRanks’ Overview page.