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Hawthorn Resources Corp. ( (TSE:HWTN) ) has shared an update.
Prince Silver Corp. has completed the acquisition of Stampede Metals Corporation, marking a significant milestone with a rebranding and consolidation under the new name. The acquisition includes the issuance of securities and conversion of subscription receipts, resulting in a strengthened market position and potential value creation for shareholders. Stampede AU, now a control person, holds a significant share of the company, with plans to distribute these shares to its shareholders. The company has also appointed Robert Wrixon to its board, enhancing its leadership team.
More about Hawthorn Resources Corp.
Prince Silver Corp., formerly known as Hawthorn Resources Corp., operates in the mining industry with a focus on silver assets. The company is aligned with its flagship Prince Silver Project, a large-scale silver asset located in a premier mining jurisdiction, aiming to capitalize on rising silver prices.
Average Trading Volume: 33,270
Technical Sentiment Signal: Buy
See more insights into HWTN stock on TipRanks’ Stock Analysis page.