Greenhawk Options Its Greenland Properties and Cancels
From GlobeNewswire: 2025-05-21 19:35:00
Greenhawk Resources Inc. has signed an Option and Joint Venture Agreement with 1531323 BC Ltd. to develop properties in Greenland. 1531323 BC will pay $100,000 upfront and spend $1,400,000 over 24 months to acquire an 80% interest in the properties. The Storø project has an inferred mineral resource of 95,000 oz of gold. 1531323 BC will manage the properties during the agreement. Greenhawk Resources Inc. has also cancelled 8,600,000 stock options. The company is actively seeking other opportunities in the mineral exploration sector. Greenhawk Resources Inc. owns mineral exploration licenses in Greenland and is listed on the Canadian Securities Exchange.
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