Hawsons Iron Pursues $1M Share Purchase
Summary by sharecafe.com.au
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Hawsons Iron Pursues $1M Share Purchase
Hawsons Iron (ASX:HIO) is initiating a share purchase plan to raise up to $1 million, prompted by interest from an investment fund seeking to expedite the Hawsons Iron Project. The company is offering shares at $0.02 each, representing a 17% discount to the last traded price on June 5th and an 18% discount to the five-day VWAP. The share purchase plan is scheduled to open on June 23rd and close on July 11th, with shares to be issued on July 16th…
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