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Hawthorn Resources Secures C$4 Million Financing for Silver Project Expansion

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Hawthorn Resources Secures C$4 Million Financing for Silver Project Expansion

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Hawthorn Resources Corp. ( (TSE:HWTN) ) has issued an update.

Hawthorn Resources Corp. has successfully closed a C$4 million subscription receipt financing, which will fund its acquisition of the Prince Silver Project. This financing positions the company to advance its exploration priorities for 2025, particularly focusing on the promising silver-gold-zinc-manganese mineralization at the Prince Silver Project. The completion of the acquisition is contingent upon meeting several conditions, including regulatory and shareholder approvals.

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 an option interest in the Broken Handle Project, an early-stage mineral exploration project located in southern British Columbia, Canada.

Average Trading Volume: 32,424

Technical Sentiment Signal: Strong Buy

See more insights into HWTN stock on TipRanks’ Stock Analysis page.

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