CAPITAL MARKETS

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.

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

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. With equity markets awash with cash, the nickel...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.