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An update from Hawsons Iron Ltd ( (AU:HIO) ) is now available.
Hawsons Iron Limited has announced the opening of a Share Purchase Plan (SPP) for eligible shareholders in Australia and New Zealand, allowing them to purchase up to A$30,000 worth of new shares at an 18% discount. The funds raised will be used for updating the Prefeasibility Study, investigating secondary products, and providing general working capital, potentially impacting the company’s operational capabilities and market strategy.
More about Hawsons Iron Ltd
Hawsons Iron Limited is a company operating in the iron industry, focusing on the development and production of iron ore products. The company is engaged in advancing its mining projects with a focus on optimizing mine design, processing, and logistics to enhance its market position.
Average Trading Volume: 2,025,883
Technical Sentiment Signal: Sell
Current Market Cap: A$18.3M
Find detailed analytics on HIO stock on TipRanks’ Stock Analysis page.