Hawkstone Mining: Announces early exercise of options to raise $1.77M
- Hawkstone Mining (HWK) has announced the early exercise of options to raise $1.77 million for its Lone Pine Gold Project in Idaho
- 147.5 million unlisted options will issued to institutional and sophisticated investors at 1.2 cents each
- These options will issued on July 13 and will expire on April 29 2023
- This money will also provide Hawkstone with funding to speed-up exploration at Lone Pine and for general working capital
- Lone Pine was last mined in 1907 and has not been subjected to modern mining techniques
- Hawkstone is steady on the market today and shares are trading for 1.6 cents each
