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Hawkeye Gold & Diamond launches modest private placement to fund working capital

Story Highlights
  • Hawkeye is a Vancouver-based junior explorer focused on copper, gold and silver projects in British Columbia, including its Bonanza property and several royalty interests.
  • The company plans a non-brokered private placement of up to 2,259,000 units at $0.05 to raise $112,950 for working capital, with attached warrants and potential accelerated expiry terms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Hawkeye Gold & Diamond ( (TSE:HAWK) ) has issued an announcement.

Hawkeye Gold & Diamond Inc., a Vancouver-based junior explorer focused on copper, gold and silver assets in British Columbia, controls the Bonanza property on northern Vancouver Island and several royalty interests in the province’s Golden Triangle. The company targets low-cost, high-potential mineral opportunities while committing to environmental stewardship and local community benefits.

Hawkeye plans to raise up to $112,950 through a non-brokered private placement of up to 2,259,000 common units priced at $0.05, each unit comprising one share and one-half transferable warrant exercisable at $0.10 for 24 months. The financing, subject to TSX Venture Exchange approval and standard hold periods, will fund general working capital, with warrant terms allowing for accelerated expiry if the share price trades above a set threshold, providing modest but flexible capital for ongoing operations.

More about Hawkeye Gold & Diamond

Hawkeye Gold & Diamond Inc. is a Vancouver-based junior mineral exploration and development company focused on copper, gold and silver projects in British Columbia. It owns a 100% interest in the high-grade Bonanza skarn/porphyry prospect on northern Vancouver Island and holds three 2% royalty interests on the Railway, McBride and Todagin properties in B.C.’s Golden Triangle, pursuing low-cost, high-potential assets with an emphasis on environmental responsibility and local economic contributions.

Average Trading Volume: 98,106

Technical Sentiment Signal: Buy

Current Market Cap: C$848.4K

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

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