Business
Metal Hawk (ASX:MHK) share price surges 35% on IPO debut
The Metal Hawk Limited (ASX: MHK) share price has shined on its ASX debut, and is currently trading at 27 cents – a 35% premium to its initial public offering (IPO) price. The mining company has, earlier today, floated its shares on the ASX and raised $5.5 million by issuing them at 20 cents each.
More about the Metal Hawk IPO
Metal Hawk is a 12-month old company that owns three gold projects in Western Australia’s prolific eastern goldfields region – namely Kanowna East, Emu Lake and Clinker Hill. Prior to the IPO, the company had secured the non-lithium rights for the Emu Lake exploration from Lithium Australia (ASX: LIT).
Metal Hawk’s portfolio also comprises the Viking gold project – in which it recently entered a…
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