Hawthorn Resources is pleased to announce that it has closed its previously announced subscription receipt offering. Under the Offering, the Company issued an aggregate of 14,807,315 Subscription Receipts at a price of $0.27 per Subscription Receipt for aggregate proceeds of $3,997,975.05. Each Subscription Receipt, upon the satisfaction of certain conditions related to the Company's previously announced proposed [...]
Hawthorn Resources is pleased to announce that, in connection with the recently executed agreement for the acquisition of Stampede Metals Corporation owner of the Nevada located Prince Silver Project and Stampede Gap Project and previously announced consolidation, the Company will change its name to Prince Silver Corp. The Name Change and Consolidation are expected to take effect within the coming weeks. Upon completion [...]
Hawthorn Resources is pleased to announce that it has executed the definitive agreement with Stampede Metals, for the acquisition of 100% of the issued and outstanding shares of Stampede Metals Corporation, a private USA corporation. The transaction was originally disclosed by the Company in its press releases dated Feb 21 and Feb 27, 2025. "We're thrilled to have executed the definitive agreement for the acquisition of [...]
Hawthorn Resources Corp. is pleased to provide historical drill results from the Prince Silver Property, the Company's proposed acquisition as announced on February 21, 2025. Highlights include: Lengthy intervals of significant precious metals 22.9m @ 127g/t Ag, 0.30g/t Au, from 166m Extensive near surface mineralization 50.3m @ 98g/t Ag, 0.40g/t Au from 4.6m Underground drill hole with strong silver, gold and base metal [...]
Hawthorn Resources is pleased to announce that on Feb 20, 2025, it entered into a binding letter agreement with Stampede Metals to acquire its wholly-owned subsidiary, Stampede Metals Corp. "We are very excited to acquire Stampede Metals Corporation with its Prince Silver and Stampede Gap porphyry Cu-Mo projects in exchange for shares," states President Ralph Shearing, P.Geol. "The Prince Silver project is a near surface [...]