- Northfield Capital Corp (TSXV:NFD) acquired ownership and control of 357,500 units of Nighthawk Gold Corp. (TSX:NHK) (OTC:MIMZF) on May 3, 2022, in connection with a "bought deal" public offering.
- Each unit consists of one common share of Nighthawk and one-half of one common share purchase warrant. The warrants are exercisable into common shares at an exercise price of C$1.05 per common share, expiring on May 3, 2024.
- The aggregate consideration payable for the units was C$250,250, at a purchase price of C$0.70 per unit, and represents 0.29% of all issued and outstanding common shares.
- Northfield Capital now owns and controls an aggregate of 14.85 million common shares of the Nighthawk, representing a ~12.10% stake.
- Price Action: NHK shares closed lower by 6.45% at C$0.58 on Thursday.
