Consolidated Gold Hawk (ASE) has signed a share purchase agreement with CGH (1990) Mineral Exploration Partnership for $600,000 worth of Gold Hawk shares priced at 42 cents per share. Each share is accompanied by a warrant which entitles the holder to buy a second share at a price of 48-55 cents. The proceeds will be used to earn an interest in Minnova’s (TSE) Tarp Lake property near Pickle Lake, Ont., and to explore Gold Hawk’s Nelligan and Guibord properties.
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