Metal Hawk swoops on small raising despite nickel discovery

DESPITE claiming a “huge level of support” Metal Hawk has made what looks an interesting decision to raise just A$2.4 million in new equity for exploring a high grade nickel sulphide discovery recently made at the Commodore prospect near Kalgoorlie in Western Australia.

Metal Hawk swoops on small raising despite nickel discovery Metal Hawk swoops on small raising despite nickel discovery Metal Hawk swoops on small raising despite nickel discovery Metal Hawk swoops on small raising despite nickel discovery Metal Hawk swoops on small raising despite nickel discovery

Plenty more dollars from where that one came from if Metal Hawk keeps finding rocks like these

The new funding, which is priced a 45c per share, is being taken up by undisclosed investors and takes Metal Hawk's cash holdings to about $5.5 million.