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Halcones Precious Metals Corp ( (TSE:HPM) ) has provided an update.
Halcones Precious Metals Corp. plans to extend by 12 months the expiry dates of 61.76 million common share purchase warrants issued under private placements in 2023, 2024 and 2025, all exercisable at $0.10 per share, while keeping all other terms unchanged and pending TSX Venture Exchange approval. The move, prompted by slower-than-expected commencement of drilling at its Polaris project, is intended to preserve potential future equity financing flexibility and reward existing investors by giving them more time to participate in the company’s prospective upside from its Chilean gold-silver exploration activities.
More about Halcones Precious Metals Corp
Halcones Precious Metals Corp. is a Toronto-based exploration company focused on discovering and developing gold-silver projects in Chile, leveraging a technical team with a strong track record of exploration success in the region.
Average Trading Volume: 346,830
Technical Sentiment Signal: Buy
Current Market Cap: C$20.21M
See more data about HPM stock on TipRanks’ Stock Analysis page.