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Nighthawk Gold Equity Warrants Exp 6th May 2024 MIMZD


Primary Symbol: T.NHK.W

Nighthawk Gold Corp. is a Canada-based gold exploration and development company. The Company is engaged in the identification, acquisition, exploration, and evaluation of gold properties. The Company owns 100% ownership of more than 947 square kilometers district scale property within 200 kilometers (km) north of Yellowknife, Northwest Territories, Canada. The property hosts the Indin Lake (Archean) Greenstone belt. Its Colomac Gold Project is a large-scale, open-pit gold project in the Northwest Territories, Canada, about 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions. Its grassroots targets with gold occurrences on its district scale property include Goldcrest Deposit, Kim Deposit, rizzly Bear Deposit, Damoti Deposit, Cass Deposit, and others.


TSX:NHK.W - Post by User

Comment by tony1969on Jul 17, 2023 4:48pm
75 Views
Post# 35544863

RE:I'm adding here...

RE:I'm adding here...One thing that was great about this raise is that no warrants were issued. This is probably why it went low.That being said,  ALL existing warrants will expire in about 9 months or on May 3rd 2024 to be exact. That is as long as we stay under $1.05 Canadian.  We will likely have 155m shares outstanding after this latest raise. 24.5m shares now at the price range I mentioned in a previous post and another 6.5m that can be bought up to two days before this deal closes around Aug 4th. So we have the current 123.8m shares outstanding plus the 24.5m plus the likely 6.5m equals right around 155m shares. Perhaps our BOSS is cleaning out the warrants and making the share structure nice and straightforward for a possible future sale. That is my semi educated guess...
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