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Seahawk Gold Corp. Revises Acquisition Strategy, Eyes Future Opportunities

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Seahawk Gold Corp. Revises Acquisition Strategy, Eyes Future Opportunities

Seahawk Ventures ( (TSE:SEAG) ) just unveiled an update.

Seahawk Gold Corp. has decided not to proceed with an acquisition of FlexGPU due to insufficient business advancement for a change of business. Instead, they are acquiring a 10-acre property in North Dakota through FlexGPU’s shares, seeing potential in future opportunities. Additionally, Seahawk has renewed its Touchdown claims in Quebec for two more years and is awaiting the resumption of its stock trading on the CSE.

More about Seahawk Ventures

Seahawk Gold Corp. is a publicly traded Canadian resource exploration company that operates in Canada and the U.S., focusing on four properties along the Urban-Barry Greenstone Belt in Quebec, Canada.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$8.05M

For an in-depth examination of SEAG stock, go to TipRanks’ Stock Analysis page.

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