12 April 2022
TORONTO, April 12, 2022 /CNW/ - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK) (OTCQX: MIMZF) is pleased to announce that due to the high level of interest, it has entered into a revised agreement with Sprott Capital Partners and Laurentian Bank Securities Inc., on behalf of a syndicate of underwriters, which includes Leede Jones Gable Inc., BMO Nesbitt Burns Inc., Haywood Securities Inc., National Bank Financial Inc., PI Financial Corp. and Scotia Capital Inc., to increase the size of the previously announced bought deal financing (the "Offering") to now raise aggregate proceeds of C$29.4 million. The underwriters have agreed to purchase an additional 5,380,142 FT Units for a total of 9,085,142 FT Units. The other terms of the Offering remain unchanged from the Company's news release dated April 11, 2022, except that each Warrant to be issued in connection with the FT Units and Premium FT Units under the Offering will be issued as a "flow-through share" under the Income Tax Act (Canada).
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Nighthawk is a Canadian-based gold exploration company with 100% ownership of more than 930 km2 of district-scale land position within the Indin Lake Greenstone Belt, located approximately 200 km north of Yellowknife, Northwest Territories, Canada. The Company is advancing several highly prospective exploration targets. Nighthawk's experienced management team, with a track record of successfully advancing projects and operating mines, is working towards demonstrating the economic viability of its assets and rapidly advancing its projects towards a development decision.