Nighthawk Increases Proposed Private Placement to up to $8,000,000
06 Juin 2014 - 8:30PM
Marketwired
Nighthawk Increases Proposed Private Placement to up to $8,000,000
TORONTO, ONTARIO--(Marketwired - Jun 6, 2014) - Nighthawk Gold
Corp. ("Nighthawk" or the "Company") (TSX-VENTURE:NHK) is pleased
to announce that it will be increasing the total size of its best
efforts private placement (the "Offering") previously announced on
June 3, 2014 for aggregate gross proceeds of up to $8,000,000. All
other terms of the Offering will remain as previously announced,
including that the Offering is being led by Primary Capital
Inc.
The Offering is for flow through units ("FT Units") at a price
of $0.40 per FT Unit and units ("Units") at a price of $0.40 per
Unit for aggregate gross proceeds of up to $8,000,000. Each FT Unit
shall consist of one common share of Nighthawk, which will qualify
as a "flow-through share" within the meaning of the Income Tax
Act (Canada) and one-half of one common share purchase warrant
(each whole common share purchase warrant, a "Warrant"). Each Unit
shall be comprised of one common share and one-half of one Warrant.
Each Warrant shall entitle the holder thereof to acquire one common
share of Nighthawk at a price of $0.50 for a period of 18 months
following the closing of the Offering.
The Offering is scheduled to close on or about June 25, 2014 and
is subject to certain conditions including, but not limited to, the
receipt of all necessary approvals including the acceptance by the
TSX Venture Exchange.
Nighthawk Gold
Corp.
Nighthawk is a Canadian-based exploration company focused on
acquiring and developing gold mineral properties in the Northwest
Territories, Canada. Its land position covers 229,791 acres or 930
square kilometres in the Indin Lake Gold Camp, located
approximately 220 kilometres north of Yellowknife, Northwest
Territories.
For more information about the Company, please visit
www.nighthawkgold.com.
Forward-Looking Information
Certain information set forth in this news release may contain
forward-looking information that are based on the then current
expectations, beliefs, assumptions, estimates and forecasts about
the Company's business and the industry and markets in which it
operates. Forward-looking information in this press release
includes statements with respect to the completion of the Offering.
Assumptions and factors underlying the Company's expectations
regarding forward-looking information contained herein include,
among others: that financing will be available if and when needed
on reasonable terms; that general business and economic conditions
will not change in a material adverse manner; that the Company's
current exploration activities can be achieved and that its other
corporate activities will proceed as expected; and governmental and
other approvals required to conduct the Company's planned
exploration activities will be available on reasonable terms and in
a timely manner. Readers are cautioned that the assumptions used in
the preparation of such forward-looking information, although
considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on
forward-looking information.
Forward-looking information also involves known and unknown
risks and uncertainties and other factors, which may cause actual
events or results in future periods to differ materially from any
projections of future events or results expressed or implied by
such forward-looking information, including, among others: risks
related to the availability of financing on commercially reasonable
terms and the use of proceeds; changes in the market or potential
downturns in economic conditions; industry conditions; volatility
of commodity prices; risks associated with the uncertainty of
exploration results and estimates; currency fluctuations;
dependency upon regulatory approvals; changes in laws and
regulations; and delays in obtaining governmental or other
approvals or financing. There can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated, estimated or intended. This press release is not, and
is not to be construed in any way as, an offer to buy or sell
securities in the United States. The Company undertakes no
obligation to update or reissue forward-looking information as a
result of new information or events except as required by
applicable securities laws. The reader is cautioned not to place
undue reliance on forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Nighthawk Gold Corp.David WileyPresident & CEO(647)
260-1247(416)
363-4567dwiley@nighthawkgold.comwww.nighthawkgold.com
Nighthawk Gold Corp. (TSXV:NHK)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Nighthawk Gold Corp. (TSXV:NHK)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024