TORONTO, May 21, 2025 (GLOBE NEWSWIRE) -- Greenhawk Resources Inc.("Greenhawk” or the "Company") (CSE: GRHK) announces that it has executed an arms-length Option and Joint Venture Agreement (the "Option Agreement”) with 1531323 BC Ltd.("1531323 BC”) to advance the exploration and development of Greenhawk’s Greenland properties, which include the Storø and Qingaaq mineral exploration licenses (the "Properties”).
By their nature, these forward-looking statements necessarily involve risks and uncertainties that could cause actual results to significantly differ from those contemplated by these forward-looking statements including, but not limited to: the completion of the Transaction, including the receipt of the upfront payment, 1531323 BC making the requisite expenditures on the Properties to exercise the option on the Properties, the ability to obtain requisite corporate and regulatory approvals, including that of the CSE, the operator obtaining requisite permits and authorizations to allow for exploration on the Properties.
Martin Pittuck, CEng, FGS, MIMMM, a "Qualified Person” for the purpose of National Instrument 43-101, has reviewed and approved the scientific and technical information included in this news release.1531323 BC intends to enter into a management services contract with the Company to provide advice in respect of the Properties.
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