Hawsons Iron Ltd (AU:HIO) has released an update.
Hawsons Iron Ltd announces a new investment opportunity, offering up to 30,303,030 shares at $0.033 each to shareholders, with options exercisable at $0.05 until May 2026, aiming to raise $1,000,000. Additionally, directors have the chance to purchase shares under similar terms subject to shareholder approval, with the goal of raising $250,000. The offer, which is part of a transaction-specific prospectus, is set to close on May 24, 2024, and is considered highly speculative.
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