On December 10, 2021, Nighthawk Gold Corp. closed a non-brokered private placement of 5,630,000 flow-through units at a price $1 per flow-through unit for aggregate gross proceeds of $5.63 million.
Each flow-through unit consists of one common share of Nighthawk and one-half of one non-flow-through common share purchase warrant. Each whole warrant entitles the holder purchase one common share of Nighthawk at a price of $1.50 until December 9, 2023.
Cassels acted for Nighthawk.