WhiteHawk Limited (ASX:WHK)

ALERT: Price-sensitive ASX Announcement for WHK

Current share price for WHK : $0.004 -0.001 (-12.50%)⁺

Announcement

Options Prospectus

Release

20 Jul 2026 12:51PM

Price at Release

$0.004

Full Release

Summary

WhiteHawk Limited has issued a prospectus for the offer of up to 139,285,715 WHKOB Options, primarily to Placement Participants and the Lead Manager, with no direct funds raised from this issue. The WHKOB Options are exercisable at $0.013 and expire on 31 July 2029. The offer aims to increase the number of options and remove trading restrictions on shares issued from exercised options. There are no underwriting and minimum subscription requirements for this offer. The company's directors have authorized this prospectus, and it is emphasized that the investment is speculative.

Key Points

139,285,715 WHKOB Options are offered
Options exercisable at $0.013, expiring on 31 July 2029
No direct funds raised from the issue
Offer increases the number of options to 345,608,929
No minimum subscription or underwriting
Potential funds of $1,810,714 if all options exercised
The offer is speculative
Placement Participants and Lead Manager eligible for options
Directors authorized the prospectus
WHKOB Options aim to remove trading restrictions

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.