1844 Resources (TSX-V:EFF) president and CEO Sylvain Laberge joins Proactive's Stephen Gunnion with details of a private placement for up to $2 million which the company plans to use to fund its option to acquire the Hawk Ridge nickel/copper project in northeastern Quebec - as well as for exploration on the project.
Laberge says the acquisition of Hawk Ridge will be transformational for 1844 Resources as it progresses from an exploration to a development company, targeting critical metals.
A drill program is already in place and he says the company plans to aggressively expand the resource at Hawk Ridge.