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Hawsons Iron Ltd ( (AU:HIO) ) has shared an announcement.
Hawsons Iron Ltd has announced a proposed capital raising involving the issue of up to 137,500,000 new ordinary fully paid shares and a substantial package of unlisted options, including 137,500,000 options with an exercise price of $0.028 expiring on 6 February 2029, along with an additional 12,625,000 unlisted options for the lead manager on the same terms. The securities, expected to be issued on 6 February 2026, form part of a placement or similar capital-raising structure that, if completed, would significantly increase the company’s share base and provide additional incentive-based instruments to both investors and its lead manager, potentially strengthening Hawsons Iron’s funding position for future operational and project requirements.
The most recent analyst rating on (AU:HIO) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Hawsons Iron Ltd stock, see the AU:HIO Stock Forecast page.
More about Hawsons Iron Ltd
Hawsons Iron Ltd is an Australian-listed resources company focused on the exploration and development of iron ore assets, with its ordinary fully paid shares traded on the ASX under the code HIO. The company operates in the mining and metals sector, targeting iron ore markets through capital-raising initiatives to fund project development and related activities.
Average Trading Volume: 1,756,351
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$22.01M
See more data about HIO stock on TipRanks’ Stock Analysis page.