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Redhawk is a Canadian-based resource exploration and development company with a focus on the Copper Creek copper-molybdenum project in San Manuel, Arizona. The Copper Creek property consists of approximately 38 km² of contiguous patented and unpatented mining claims and state prospecting permits, located about 112 km northeast of Tucson, Arizona. By news release dated June 25, 2018, Redhawk announced the execution of a definitive arrangement agreement with Copperbank Resources Corp. (CSE: CBK), pursuant to which CopperBank Resources Corp. will acquire all the issued and outstanding shares of Redhawk (the “Transaction”). The Transaction is subject to shareholder approval and is also subject to receipt of applicable regulatory, court and stock exchange approvals, including the approval of the NEX Board of the TSX Venture Exchange (“NEX”) and the satisfaction of other closing conditions customary for transactions of this nature. Redhawk Resources, Inc. operates as a subsidiary of Faraday Copper Corp.
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