Seahawk Ventures (TSE:SEAG) has released an update.
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Seahawk Gold Corp. is set to acquire AI data center development company FlexGPU, in a move that will significantly alter its business direction and require shareholder approval. The deal involves Seahawk issuing 10 million shares and an additional 20 million performance-based shares to FlexGPU’s shareholders. Post-acquisition, the company will focus on the AI business while seeking to sell its mineral assets.
For further insights into TSE:SEAG stock, check out TipRanks’ Stock Analysis page.