VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 21, 2017) – Redhawk Resources, Inc. (“Redhawk” or the “Company“) (TSX:RDK)(FRANKFURT:QF7) announces a non-brokered private placement (the “Private Placement“) for up to 2,300,000 units of the Company (“Units“) at a price of $0.055 per Unit to raise total proceeds of $126,500. Each Unit consists of one common share of the Company (each, a “Share“) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant is exercisable into one additional Share for a period of two years at a price of $0.075 per Share. Closing of the Private Placement is conditional upon, among other things, approval of the Toronto Stock Exchange.
