Hawkes Point Transaction Settles

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  • March 26, 2021

Australian gold and nickel company, Rox Resources Limited (Rox or the Company) (ASX: RXL) is pleased to confirm that the share placement to Hawke’s Point has settled.
Hawke’s Point has subscribed for 314,285,714 ordinary shares at an issue price of $0.035 each, for a total of $11 million before expenses. In addition, 157,142,857 options exercisable at $0.07 each and which expire on 25 March 2025 have been issued to Hawke’s Point.
This issue of shares results in Hawke’s Point now holding 13.3% of the fully paid ordinary shares on issue.

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