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Hawthorn Resources Corp. ( (TSE:HWTN) ) has provided an update.
Hawthorn Resources Corp. has announced a fully subscribed private placement and plans to change its name to Prince Silver Corp. This rebranding aligns with its acquisition of Stampede Metals Corporation and its focus on the Prince Silver Project in Nevada, a large-scale silver asset. The company has secured approximately $4 million through the private placement, and majority shareholder consent has been obtained for the acquisition. This strategic move is expected to enhance shareholder value and position the company favorably in the mining industry.
More about Hawthorn Resources Corp.
Hawthorn Resources Corp. is a silver exploration company focused on advancing the Prince Silver Project in Nevada, USA. The company also holds option interest in the Broken Handle Project, an early-stage mineral exploration project located in southern British Columbia, Canada.
Average Trading Volume: 31,014
Technical Sentiment Signal: Strong Buy
For detailed information about HWTN stock, go to TipRanks’ Stock Analysis page.