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Northfield Capital Corporation Buys Securities of Nighthawk Gold Corp.

MT Newswires ·  {{timeTz}}

03:43 PM EDT, 05/05/2022 (MT Newswires) -- Northfield Capital Corporation (NFD-A.V) announced Thursday that it has acquired ownership and control of 357,500 units of Nighthawk Gold Corp. (NHK.TO) on May 3, 2022, in connection with the company's previously announced "bought deal" public offering of units, flow-through units and premium flow-through units.

According to Thursday's statement, each unit consists of one common share of the company and one-half of one common share purchase warrant. The warrants are exercisable into common shares at an exercise price of $1.05 per common share expiring on May 3, 2024. The common shares represent 0.29% of all issued and outstanding common shares of the company as of such date immediately following such transaction.

Immediately before the transaction, the acquirer held an aggregate of 14,495,142 common shares of the company, representing near 16.73% of the issued and outstanding common shares. Upon completion of the transaction, the acquirer owns and controls an aggregate of 14,852,642 common shares, representing near 12.10% of the issued and outstanding common shares of the company as of May 3, 2022 immediately following the transaction.

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