Hawsons Iron Ltd (AU:HIO) has released an update.
Hawsons Iron Ltd has reported significant advancements in their Hawsons Iron Project, with successful follow-up drilling and strong investment interest from the global steel industry. The company has also completed a share placement, raising funds to support their Bankable Feasibility Study, and welcomed a new CFO, Mr. Michael Harvey. These strategic moves have left the company well-positioned with a solid cash reserve for future developments.
For further insights into AU:HIO stock, check out TipRanks’ Stock Analysis page.