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Nighthawk Gold Equity Warrants Exp 6th May 2024 MIMZD


Primary Symbol: T.NHK.W

Metals & Mining Gold
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

Nighthawk Gold Equity Warrants Exp 6th May 2024
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Post by tony1969on Nov 28, 2023 5:39pm
293 Views
Post# 35757380

Posts from CEO.CA today...

Posts from CEO.CA today...
Nighthawk and Moneta Announce At-Market Merger to Create a Leading Canadian Gold Development Company @businesswire/nighthawk-and-moneta-announce-at-market-merger-to-create $NHK $MIMZF.US $ME $MEAUF.US $MOPA #news/mining
 
4
from #newsroom, 
 
@austrochris interesting deaL
 
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@Benedict MergeCo also intends to consolidate the Moneta Shares on the basis of one (1) post-consolidation Moneta Share for every two (2) pre-consolidation Moneta Shares (the “Consolidation”) and the Exchange Ratio will be adjusted accordingly. $OIII $NHK $ME <<< Pursuant to the terms of the Arrangement Agreement, Nighthawk shareholders will receive 0.42 Moneta Shares (on a pre-Moneta Consolidation basis) for each Nighthawk Share held (the “Exchange Ratio”).
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Share     
Manage
Moderate   
from #me, 
 
@MadMardiganRisk glad i sold, big financing at 34 cents and then merger and reverse split
 
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@Jam26 Certainly didn't see this coming. What are your thoughts @tonyLovesGold?
 
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@jahiphop based on today's Moneta share price, 0.42 x $0.89 is $0.374. plus a big $0.34 financing. They just raised $11M 3 months ago? The Board of Directors of Nighthawk has received an opinion from Laurentian Bank Securities Inc. to the effect that, based upon and subject to the assumptions, limitations, and qualifications stated in such opinion, the consideration to be received by Nighthawk shareholders pursuant to the Transaction is fair, from a financial point of view, to Nighthawk shareholders. ''the transaction is fair'' lol when it was trading at $0.70 few months ago
 
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@Jam26 Sure doesn't feel fair to me. Especially if Moneta sells off, which is quite possible.
 
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@Benedict A year ago NHK would only have bought .20 ME
 
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@London17 Ouch! Maybe I do not understand benefits of deal, but this looks very painful all the way around. I had been doing DD on NHK, but I know nothing about Moneta at this point. Well, easy to pass on this. Consolidation is necessary in sector for sure, think investors thought premiums would be instore, but more like take unders like MOZ as well.
 
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@Benedict This merger doubles my position in ME - so one should really make the effort to understand both companies before making an assessment. Own both as well as $OIII which holds a position in $ME.
 
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@Ty Gold could put in highest monthly close ever. Puzzling deal just as things appear to be turning up for the sector.
 
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@designer Yo Tony, that is why no insiders buying shares here, for such a long time..lol
 
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@goldbugx Rip NHK so many promises over the years and this is how it ends.... Sorry for the bagholder, I feel you
 
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@jahiphop @Benedict you cannot use last year's $0.20 as a reference. This year NHK released a $1.2B NPV PEA. They are way more advanced than last year and nobody expected them to be absorbed at a $0.37 valuation. Also share structutre wise, NHK has 150M shares + 37M if they complete the new $0.34 financing + all the warrants and options. Say 200M just for fun x 0.42 ratio, ME will issue 84M shares and then reverse split 2:1. If you think ME will go up with all that dillution..
 
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@designer Merge: 7.8 million gold ounces in the Indicated category and 10.0 million gold ounces in the Inferred category. ±18 million ounces company is worth how much?
 
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@JR777 @Designer only $36B USD @$2000/oz gold to a producer but about $1.8 billion in the ground @$100/oz.
 
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@milocat you got that right-anyone privy to this news hasn't been in the market lately. It will be interesting to see if insider buying resumes now that full disclosure has been made. At first blush-very exciting-I own both already because they are both laughably cheap from a per ounce valuation. Now they are laughably cheap and bigger! I would hope that they chose one project to focus on and get into production-probably the Tower project. Hopefully our team has a home in the newco. At this EV per ounce this is one to stuff away in a TFSA or RSP and forget about-it will make for a comfy retirement.
 
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@Benedict @jahiphop I have been in NHK since Jan 2020 - I am up to date on the news flow and (Cudney - we go way way back to the days of Cumberland and Canada Lithium :) - the market is the market...the 1 year comparison is relevant (particularly in light of a 5% interest rate environment) - PS you need to actually look into ME - already went through a prior deal with OIII involving consolidation - so I know all 3 companies :) but thanks for your concern
 
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@designer I mean when a buy-out should happen? 18 million x 70 CAD = ± 1,3 million CAD market cap?
 
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@designer Why not
 
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@MadMardiganRisk after the reverse split the stock could just drift lower for months on end...then someone "might"" buy it for pennies on the dollar..unfortunately many juniors getting destroyed. and even the ones with a deposit not getting much value....but gold looking good for first time in a while...too bad its too late for most
 
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@designer Not when gold shoots up to 3000 $ territory
 
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@London17 @Benedict agree, I just have to catch up on Moneta now.
 
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@designer @JR777 ok, so we calculated this new company should be worth ± 1,8 million CAD ;-)
 
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@austrochris it is a better deal for NHK shareholders than for ME shareholders , i think
 
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@Dave4x4 Gold is going crazy, both stocks are likely to be hot with all the gold they have in the ground, there are now enough ounces in one company to make things interesting.
 
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@zg1968 Board of Directors for both companies say "the transaction is fair." Fair? wtf does that even equate to for long the NHK holders here? Does not make me feel any better at this stage. My initial thoughts? Bupkis for all of us who hold NHK.
 
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@zg1968 No way yesterday's volume was because of the price of gold going up. Someone knew what was going to happen and leaked the news.
 
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@MadMardiganRisk all it does is instead of having 2 separate companies that nobody seems interested in buying,,.lets combine them and make one company that no one wants haha ...well Tony was right that something was up
 
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@bobbyminer $NHK & $ME - The deal is very fair to the financiers and intermediaries that make money off the transaction.
 
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@norgo new entity MergeCo? more like ShitCo. Well done while spot is 2027
 
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@zg1968 Out on the CDN side. Small loss. I don't need this chit after all the hype. To think this was a $0.70 stock in May.
 
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@TonyLovesGold now we know why there was no insider buying as I said. be patient and buy....
 
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@TonyLovesGold Insiders will now start buying. We are much bigger as Milo said. This is a marathon not a sprint Let's GO!!
 
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@designer They will probably buy some of the PP, not public shares?
 
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@thesunshinekid Modest position in Moneta, I like the deal, it kills momentum a bit and retail will sell on instinct due to details in a merger and negative commentary but in the end 2 good deposits become 1 great deposit.
 
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@zg1968 I am out completely. Today was not a day I was expecting especially at this price level. At times I am an emotional impulse investor and today was that day for me. Will it bite me in the butt? Maybe, who knows. I may buy back when/if more clarity emerges. Best of luck to everyone here especially @TonyLovesGold who holds a substantial amount between his father and himself.
 
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@MadMardiganRisk ya hope everyone makes money but instead of selling the company even for 50 cents ...they merged with another company that investors dont care about...hard to get excited...maybe the merged company can get bought out...but ounces dont matter ...being able to mine it profitably matters most...majors/ mid tiers havent been excited enough to buy them out even at low prices....but at least gold looking strong...if gold goes to 3000...everyone will be saved
 
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@TonyLovesGold Time to buy zg. This is a much, much bigger company with much more gold now...There will be I digestion period then the new company should be worth multiples of what it trades for now.JMHO..
 
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@TonyLovesGold I am sooooo happy that our BOSS is going to be President and CEO of the new company. Make it happen Keyvan. I like your long term plan. Grow this into a much bigger company and see who comes knocking in a couple of years or so...Bravo for looking into the future and not settling for a quick buck....
 
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@Sinkpisser 25% dilution at .34 lol
 
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@milocat I Know that I am the perpetual optimist but I doubt that the next chapter is going to take years. ME is focused on an area that is the hub of gold mining in Canada-no worries about the environazis here. If the two principal properties can be moved forward you are looking at, IN VERY ROUGH NUMBERS, 15MM ounces. That is an awful big chunk of gold in a world that is quickly running out. Eric Sprott is firmly behind it-and was probably a driving force behind the merger-that likely takes care of any funding needs. The provincial and territorial governments, respectively, are pro mining-and in both projects infrastructure is already there. Lets get started on building two mines-I doubt the cu+ 54 more words. Click to expand
 
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@TonyLovesGold Amen Milo. The plan is get bigger faster. Yes there is dilution but they are building a huge exploration company and our BOSS is at the wheel. As I have always said I will get off this ride when he does...
 
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@TonyLovesGold Milo. These guys will have 17.8m ounces of gold...Damn....
 
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@JR777 @Designer billion my friend $1.8 billion USD or $2.3 billion CAD "in the ground"@$100/oz.
 
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@designer Wow yeah, billion, million, Lambo, chopper & boat
 
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@xyz The average buyout price is much less than 70 CAD per ounce in North America. I think I remember a study of around 35 USD and this were in better times. Surprised of that move and not happy to get ME paper. Holded ME for a long time, I didn’t like the constant dilution and the only plan to drill further and further with marginal grades. I guess ME needed a CEO with standing and our board probably get a higher salary with the merger (not that it is low now). So yes it is a win win but maybe not for the retail investors. We will see. At least we have a decent entry price into ME and I hope the new management team can create a plan for MEs development and concentrate on the higher grade and maybe define some more. It’s a pity for all the long term shareholders of NHK who didn’t average down. They may never see their entry price again.
 
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@Benedict https://nighthawkgold.com/wp-content/uploads/2023/11/20231128-NHK-and-ME-Merger_FINAL1.pdf $NHK $ME $OIII (Voting support agreements with Northfield Capital, Nighthawk management and board • Voting support agreements with O3 Mining, K2, Moneta management and board) <<< ( interesting K2 support ) --- as Taylor Swift would say >>> "Cause the players gonna play, play, play, play, play And the haters gonna hate, hate, hate, hate, hate"
 
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from #me, 
 
@TonyLovesGold We now will have 7.8 million ounces indicated and 10 million ounces inferred. We are also cashed up to drill and put out a FS for Colomac asap...One plus One will equal MUCH more than Two in the end. Big picture guys. Do not focus on the short term. Bravo BOSS. You now have many more ounces and many more options to make this into a big player in Canadian mining....Back to my drink here in St. Thomas...Cheers...
 
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@xyz It’s not just about the size Tony. Study ITH if you think size is the only thing what matters. It’s all about dilution and whether you can get the deposit into production by yourself. Won’t happen with this CAPEX(es). We speculate on a takeout by a major. May or may not occur depends all on the gold price. In the meantime the shareholders will pay expensive salaries and hope for the best. Two deposits gives you two times the possibility to spent money. I can only repeat, spent your shareholders money wisely and don’t do such financings below the market price. I expect more from an expensive board …
 
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@MadMardiganRisk exactly who will give them 1 billion to develop it? nobody. unless gold stays above 3k
 
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@norgo I am with @xyz on this one. I had ME long ago, and it got tired. I went super long (still long presently) on NHK. Now we have to put lipstick on two pigs.
 
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@MadMardiganRisk surely the better option was to sell the company..they must have floated that idea around to majors...this is just desperate to try and combine and hope for the best
 
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@TonyLovesGold Remember that the now two projects are both using $1600 US gold in their PEA. Gold is at $2040 right now. They will crank out billions US if and when they are developed at $1600 US. Imagine the numbers at spot gold. 17.8m ounces is A LOT of gold and it is in Canada. Every single day that goes by there is less and less gold in the ground on this planet. I am honestly willing to wait years for this to play out. Our BOSS has a plan . This has obviously been in the works for about 6 months shown by the lack of insider buying. I do not think Keyvan wanted to sell quite yet. This opportunity came along whether he initiated or Moneta who knows? It wouldn't surprise me if there was some insider buy+ 17 more words. Click to expand
 
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@TonyLovesGold This was not a desperate move. It was a very smart one. These guys will likely have close to 20 million ounces of gold in 2 to 3 years. That is HUGE. Not many (non major) companies can boast that.
 
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@Zlatan Good move. Great for the sector. Keep them mergers coming. Lower that GnA before the generalists come rushing in.
 
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@milocat just my opinion but as a shareholder of both companies I would suggest that our CEO was a major piece of this deal for ME. ME parted with its CEO months ago-and the current one was always, as I understood, interim. The NHK CEO is largely regarded as best in breed. ME has the critical mass, with or without us, to get to the finish line-I strongly suspect that the BOD at ME accpeted a deal that was good but not great in order to land the NHK CEO. We will now see if Mr Salehi is as good as advertised-if he is then he has lots to work with and this could be very lucrative-good things happen when solid assets meet sharp management.I never thought I would have a junior gold as a major component + 19 more words. Click to expand
 
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@TonyLovesGold You nailed it as usual milo. Our BOSS was the key here. Period. The man is brilliant and will do well for us longs in the end. Can't wait for the merger to happen and start crunching numbers. I will speak with IR next week when I get back from my cruise and post some info. I will also personally congratulate our BOSS on the deal. This is transformational for NHK and as I said before we have the perfect man at the wheel...
 
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@major Sell:$NHK Not the deal hoped for, but I understand the logic of putting together two challenged assets and reducing the overhead. Several finances lie ahead to get either project to a stage of higher confidence and lower risk and it'll be dilutive to do that on current valuations. GLTA
 
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@TonyLovesGold Hey major. Nice to hear from you. Listen, both companies were 100% going to be incurring further dilution in the future except this next time they will have 17.8m ounces under their belt not the 5m ounces NHK had yesterday. This is over 3.5X the amount of ounces we had again, yesterday. This gives our BOSS much better terms in absolutely everything going forward. From future raises to financing to you name it. Yes it takes time to build what Keyvan is building but this was a HUGE positive step that will take this company to the next level. I repeat 7.8m ounces indicated and 10 million ounces inferred. Some of those inferred will no doubt start moving to indicated in the next year or so wi+ 17 more words. Click to expand
 
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