- Hawthorn Resources (OTC:HWTNF) is changing its name to Prince Silver Corp., effective July 11, 2025.
- The company will implement a 1:0.75 share consolidation on the same date.
- Prince Silver Corp. will issue 14,807,315 shares and 7,403,650 warrants post-consolidation.
Hawthorn Resources (OTC:HWTNF) has announced that it will officially change its corporate name to Prince Silver Corp. The rebranding will take effect on July 11, 2025, and the company will trade under the new ticker symbol "PRNC".
Alongside the name change, a share consolidation will occur at a ratio of 1:0.75. Following this consolidation, Prince Silver Corp. will issue 14,807,315 new shares. Furthermore, the company will introduce 7,403,650 warrants, exercisable at $0.40 each, with an expiration date set for December 23, 2026.
Both the newly issued shares and warrants will be subject to a hold period, which will conclude on October 24, 2025.
Hawthorn Resources is a company focused on silver exploration, primarily advancing the Prince Silver Project in Nevada, USA. The company also has interests in the Broken Handle Project located in southern British Columbia, Canada.