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Hawsons Iron Ltd ( (AU:HIO) ) just unveiled an update.
Hawsons Iron Ltd announced a Share Purchase Plan (SPP) to raise up to $1.0 million, offering shares at an 18% discount to recent trading prices. The funds will be used to update the Prefeasibility Study and investigate secondary products, enhancing the company’s position for future strategic investments.
More about Hawsons Iron Ltd
Hawsons Iron Ltd is a company operating in the iron ore industry, focusing on the development and optimization of mining projects. The company is involved in the production of iron ore and is exploring potential secondary products, with a market focus on strategic investors and project development.
Average Trading Volume: 1,916,582
Technical Sentiment Signal: Sell
Current Market Cap: A$24.4M
See more insights into HIO stock on TipRanks’ Stock Analysis page.