Source: Seahawk Gold Corp.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Seahawk Gold Corp. (SEAG) closed its non-brokered private placement, raising gross proceeds of $1,154,999.70
  • Seahawk issued 3,849,999 shares at $0.30 per share
  • The net proceeds will be used to fund the advancement of the company’s projects and for working capital purposes
  • Seahawk Gold Corp. is a Canadian resource exploration company. Seahawk is the 100 per cent owner of four properties along the Urban-Barry Greenstone Belt in the Abitibi sub province of Quebec
  • Seahawk Gold Corp. (SEAG) is trading steady at C$0.31 per share at 11:05 pm ET

Seahawk Gold Corp. (SEAG) has closed its previously announced non-brokered private placement, raising gross proceeds of $1,154,999.70.

Seahawk issued 3,849,999 shares priced at $0.30 per share.

The net proceeds will be used to fund the advancement of the company’s projects and for working capital purposes.

Finder’s fees of up to 6 per cent, consisting of $24,299.97 in cash and 150,000 in shares, were paid to finders in connection with the Placement.

The shares, warrants and any warrant shares are under a four-month hold period ending November 13, 2022.

Seahawk Gold Corp. is a Canadian resource exploration company. Seahawk is the 100 per cent owner of four properties along the Urban-Barry Greenstone Belt in the Abitibi sub province of Quebec.

Seahawk Gold Corp. (SEAG) is trading steady at C$0.31 per share at 11:05 pm ET.

More From The Market Herald
The Market Herald Video

" Silver Bullet Mines (TSXV:SBMI) issues operational update

Silver Bullet (SBMI) is reporting progress at its Arizona pilot plant and Buckeye and Washington mines.
NioBay Metals Inc. - President & CEO, Jean Sébastien David.

" NioBay Metals (TSXV:NBY) confirms mineralization

NioBay Metals (NBY) has discovered significant extensions to the mineralized zone at the James Bay Niobium Project.

" Alpha (CSE:ALCU) kicks off gold-copper drilling

Alpha Copper Corp. (ALCU) has announced its first diamond drilling program update on the Indata Project in British Columbia.
Tudor Gold Corp. - President & CEO, Ken Konkin.

" Tudor (TSXV:TUD) extends gold-copper mineralization

Tudor Gold (TUD) has received the fourth set of drill results from its 2022 exploration program on the Treaty Creek Project in B.C.