By Sheri Kasprzak
New York, Dec. 15 - Gold Hawk Resources Inc. said it has upsized to C$1,008,000 its previously announced C$714,000 offering.
The company will now sell up to 4.8 million units at C$0.21 each.
The units are comprised of one share and one half-share warrant. The full warrants are exercisable at C$0.34 each for two years.
The offering was first announced Dec. 14 as a C$714,000 offering of up to 3.4 million units under similar terms. The strike price of the warrant had originally been C$0.32.
Toronto-based Gold Hawk is a mineral exploration company.
| Issuer: | Gold Hawk Resources Inc.
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| Issue: | Units of one share and one half-share warrant
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| Amount: | C$1,008,000 (maximum)
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| Units: | 4.8 million (maximum)
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| Price: | C$0.21
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| Warrants: | One half-share warrant per unit
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| Warrant expiration: | Two years
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| Warrant strike price: | C$0.34
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| Pricing date: | Dec. 14
|
| Upsized: | Dec. 15
|
| Stock price: | C$0.225 at close Dec. 14
|
| Stock price: | C$0.25 at close Dec. 15
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