Friday, February 10, 2017

Nighthawk Gold Corp. - NHK.v

Nighthawk Gold Corp. - NHK.v is focused on the Indin Lake Gold Property, a 222,203 acres or 900 square kilometres land package located 200 kilometres north of Yellowknife, Northwest Territories.

An inferred Mineral Resource estimate of 39.81 million tonnes with an average grade of 1.64 g/t Au for 2.101 million oz gold using a cut-off grade of 0.6 g/t gold is defined at its Colomac property.

On February 8, 2017 the company released NEWS

Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX Venture Exchange: NHK) is pleased to announce that it has agreed with the syndicate of underwriters, led by PI Financial Corp. and including Canaccord Genuity Corp., to increase the size of the bought deal private placement basis previously announced on February 7, 2017. The Offering will now be for 10,752,689 flow-through units (“FT Units”), which underlying common shares will qualify as "flow-through shares" within the meaning of the Income Tax Act (Canada), at a price of $0.93 per FT Unit and 14,285,715 units (“Units”) at a price of $0.70 per Unit, for aggregate gross proceeds of $20,000,001.27.