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An update from Alderan Resources Ltd. ( (AU:HWK) ) is now available.
Hawk Resources Limited has issued 30 million HWKO listed options, formalising the capital raising instrument without providing a prospectus under Australia’s Corporations Act disclosure regime. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and stated there is no undisclosed price-sensitive information, signalling that the new options have been structured within existing regulatory frameworks and without hidden material risks for investors.
More about Alderan Resources Ltd.
Hawk Resources Limited is an exploration company focused on critical and precious metals, with copper and gold projects at Cactus and Detroit in Utah, USA, and eight lithium projects in Minas Gerais and Bahia, Brazil. The company aims to rapidly discover, delineate and develop mineral deposits in underexplored geological belts that are geologically analogous to established neighbouring mining districts, while also assessing new opportunities to expand and upgrade its project pipeline.
Average Trading Volume: 2,921,114
Technical Sentiment Signal: Sell
Current Market Cap: A$14.16M
For an in-depth examination of HWK stock, go to TipRanks’ Overview page.