North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Kinross to nab stake in NWT gold explorer


Last updated 2/5/2018 at 7:33pm

Nighthawk Gold Corp. Oct. 13 announced plans to complete a C$10.1 million private placement that includes a strategic investment by Kinross Gold Corp. Following the completion of the financing, Kinross will hold roughly 9.5 percent of Nighthawk's issued and outstanding common shares on an undiluted basis.

The offering will consist of up to 6.17 million common shares at C50 cents each and up to...

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