Seahawk Gold Corp. Provides Update to Shareholders
Rhea-AI Summary
Seahawk Gold Corp. (CSE: SEAG) (OTC Pink: SEHKF) has announced an update regarding its transaction with FLEXGPU. The company and FLEXGPU have agreed to extend the deadline for entering into a definitive agreement to November 30, 2024. Additionally, they have extended the deadline for closing the transaction to February 28, 2025. This extension follows previous announcements made on June 26, 2024, and October 1, 2024, regarding the letter agreement dated June 25, 2024. Seahawk has stated that it will provide further updates as progress is made towards completing the transaction. In the meantime, trading in Seahawk's stock will remain halted.
Positive
- None.
Negative
- Extended deadline for definitive agreement to November 30, 2024
- Extended transaction closing deadline to February 28, 2025
- Continued trading halt of Seahawk's stock
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2024) - Seahawk Gold Corp. (CSE: SEAG) (OTC Pink: SEHKF) ("Seahawk") Further to the company's previous news releases of June 26, 2024 and October 1, 2024, Seahawk and FLEXGPU have agreed to further extend the deadline for entering into a definitive agreement respecting the transaction which is the subject of their June 25, 2024 letter agreement to November 30, 2024, and to extend the deadline for closing the transaction to February 28, 2025.
Seahawk will provide further updates as it works toward the completion of the transaction, and trading in Seahawk's stock will continue to remain halted.
About Seahawk Gold Corp.
Seahawk Gold Corp. is a publicly traded Canadian resource exploration company trading in Canada (CSE: SEAG), the U.S. (OTC Pink: SEHKF). Seahawk is the
For more information, please contact Seahawk Gold Corp. - seahawkgoldcorp.com
Giovanni Gasbarro
CEO and Director at 1-604-939-1848
Mitchell E. Lavery, P.Geo.
President and Director at 1-613-298-1596
Neither the Canadian Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of1933, 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227141
FAQ
What is the new deadline for Seahawk Gold Corp (SEHKF) to enter into a definitive agreement with FLEXGPU?
When is the extended closing date for the transaction between Seahawk Gold Corp (SEHKF) and FLEXGPU?
Is trading of Seahawk Gold Corp (SEHKF) stock currently halted?
When was the original letter agreement between Seahawk Gold Corp (SEHKF) and FLEXGPU signed?
