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Hawk Resources Announces Proposed Securities Issue

Story Highlights
  • Hawk Resources plans to issue 42,337,002 unlisted options and 338,235,293 ordinary shares.
  • The securities issue aims to raise capital and enhance Hawk Resources’ market position.
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Hawk Resources Announces Proposed Securities Issue

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An update from Alderan Resources Ltd. ( (AU:HWK) ) is now available.

Hawk Resources Limited has announced a proposed issue of securities, including 42,337,002 unlisted options and 338,235,293 fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for December 2, 2026. The announcement indicates a strategic effort by Hawk Resources to potentially raise capital and strengthen its market position.

More about Alderan Resources Ltd.

Average Trading Volume: 510,596

Technical Sentiment Signal: Sell

Current Market Cap: A$4.61M

Learn more about HWK stock on TipRanks’ Stock Analysis page.

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