The syndicate of underwriters, led by Sprott Capital Partners, have been granted an over-allotment option for a further 15% of the number of both kinds of units sold.
Nighthawk owns 100% of the Indin Lake gold project in the Northwest Territories near the site of the past-producing Colomac mine. Resources at the project include 38.7 million indicated tonnes grading 1.81 g/t gold and containing over 2.2 million oz. The inferred portion is 11.5 million tonnes grading 2.13 g/t and containing 786,100 oz. of gold.
(This article first appeared in the Canadian Mining Journal)
