|Bid||0.2150 x N/A|
|Ask||0.2500 x N/A|
|Day's Range||0.2100 - 0.2400|
|52 Week Range||0.0500 - 0.2800|
|Beta (5Y Monthly)||4.37|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A total of 14,683,262 units (the "Units") of the Company were issued in connection with the Offering at a price of $0.15 per Unit for gross proceeds to the Company of $2,202,489 . Each Unit consists of one common share and one common share purchase warrant (a "Warrant").
The Company also provides an update on the status of further granted mining concessions and announces the commencement of the 2020 exploration and social permitting programs. A further 3 mining concessions have been granted over the last 4 weeks.
The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States , and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws or an applicable exemption from such registration requirements.
Dr. Quinton Hennigh is an internationally-renown economic geologist, with over 25 years of exploration experience and expertise with major gold mining companies such as Homestake Mining Company, Newcrest Mining Limited, and Newmont Mining Corporation where he last served as senior research geologist in 2007.
San Martin encompass a newly identified, basin-scale high-grade copper-silver system situated along the foreland region of the eastern Andes Mountains in Peru and neighboring countries. Hannan recognized the exceptional potential for large copper-silver deposits in this part of Peru and has aggressively staked a commanding position over 521 square kilometres ("sq km") of prospective geology.
VANCOUVER , Oct. 30, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (HAN.V) (HANNF) announces it has received notice from the Geological, Mining and Metallurgical Institute of Peru ("Ingemmet") that the first mining concession at the San Martin Copper-Silver Project in Peru has been granted.
Hannan Samples Extensive New Zone of High-Grade Copper and Silver Over 16 Kilometres at Tabalosos, Peru
VANCOUVER , Aug. 1, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (HAN.V) (HANNF) announces new sampling results from the northern part of the Sacanche claim application area (8,900 hectares) from the 100% owned San Martin project (38,400 hectares under claim application) in north central Peru (Figure 1). Mineralization has been defined within multiple stratigraphic levels.
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VANCOUVER , May 8, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (HAN.V) (HANNF) announces field teams have commenced the 2019 dry-season exploration program at the San Martin sediment-hosted copper-silver project in north-central Peru . "San Martin demonstrates the initial makings of a new, large and high-grade sediment-hosted copper and silver discovery in north-central Peru ," states Michael Hudson , Chairman and CEO. Sediment hosted copper-silver mineralization has been discovered over a combined 76 kilometres of strike within a 110 kilometre basin scale trend within the Gera, Tabalosos and Sacanche claim applications.
VANCOUVER , May 1, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (HAN.V) (HANNF) announces that further to its news release of April 24, 2019 , the Company has closed the second tranche (the "Second Tranche") of its private placement financing (the "Offering"). Under the Second Tranche, the Company has issued 795,000 Units at an issue price of C$0.10 per Unit for gross proceeds of C$79,500 . In the aggregate, together with the closing of the first tranche as announced by the Company on April 24, 2019 , the Company has issued 5,000,000 Units for gross proceeds of $500,000 . The Company plans to use the net proceeds to fund exploration expenditures at the Company's San Martin sediment-hosted copper-silver project in Peru , as well as for general working capital and corporate purposes.
VANCOUVER , March 21, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (HAN.V) (HANNF) is pleased to announce it has further expanded the area under mineral claim application at the San Martin sediment-hosted copper-silver project in north-central Peru . A district-scale sediment-hosted copper terrane is now secured, with applications covering more than 76 kilometres strike of the prospective host horizon.
VANCOUVER , March 4, 2019 /CNW/ - Hannan Metals Limited ("Hannan" or the "Company") (HAN.V) (HANNF) is pleased to announce completion of drilling at the Kilmurry prospect, located 9 kilometres south of Hannan's Kilbricken zinc-lead-silver resource in Co. Clare , Ireland. Intense hydrothermal alteration typical of Waulsortian hosted Zn-Pb-Ag deposits was encountered over a wide interval.