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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 IgnacioCashmereon Feb 04, 2024 10:30am
99 Views
Post# 35861826

RE:The merger by Moneta gold, ME ticker

RE:The merger by Moneta gold, ME tickerThe share count of Moneta will be halved post deal. So Nighthawk shareholders are getting .42 of current Moneta share or .21 post deal Moneta share. The math works out to the same value of your stock it's just a different  number of shares. Theoretically,  the share price for Moneta should double post deal because there will be half as many shares. The reality is not good news. Share price, & market cap, often drops after a reverse split or reduction in share count. I am not forecasting that will happen here, but it is possible. My money is on Moneta. The Pox on junior mining will eventually lift, & this is a stellar value just on Tower alone. You will get 0.21 Moneta shares for every Nighthawk share you own post deal.
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