Metal Hawk Ltd. ( (AU:MHK) ) has shared an announcement.
Metal Hawk Limited has successfully raised $2.5 million through a private placement to fund an extensive maiden drilling program at its Leinster South Project in Western Australia. The funds will support exploration at the Thylacine and Siberian Tiger prospects, which are considered promising high-grade gold sites. The placement was completed at a premium to the last closing price, indicating strong investor confidence. This financial boost positions Metal Hawk advantageously for upcoming exploration efforts, potentially enhancing its standing in the mining sector.
More about Metal Hawk Ltd.
Metal Hawk Limited is a company in the mining industry, focusing on gold exploration. Its primary activities involve exploring high-grade gold prospects, with a market focus on the Goldfields region in Western Australia.
YTD Price Performance: 42.86%
Average Trading Volume: 196,861
Technical Sentiment Signal: Sell
Current Market Cap: A$46.1M
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