Metal Hawk Secures $2.5M for Gold Exploration

Metal Hawk Ltd. (AU:MHK) has released an update.

Metal Hawk Ltd. has secured $2.5 million through a placement to advance its gold exploration efforts at Leinster South in Western Australia. The capital raise, conducted at a slight discount to the current share price, positions the company for an extensive maiden drilling program set to capitalize on recent high-grade gold discoveries. This financial boost underscores strong shareholder confidence as Metal Hawk embarks on this promising exploration phase.

For further insights into AU:MHK stock, check out TipRanks’ Stock Analysis page.