- Business
- Seahawk Gold Corp. Seahawk Gold Corp. (CSE: SEAG.X) engages in the acquisition, exploration and development of mineral resource properties, primarily focused on gold deposits in the Abitibi Greenstone Belt of Quebec, Canada. The company owns 100% interests in four gold exploration properties in the Urban-Barry Gold Camp--Touchdown, Blitz, Mystery and Xtra Point--along with a royalty interest on one additional property in the same district; these assets are strategically located adjacent to major producers such as Osisko Mining Inc.'s Windfall deposit and BonTerra Resources Inc.'s Gladiator property, benefiting from established regional infrastructure and geological continuity in a mining-friendly jurisdiction that accounts for approximately 90% of Canada's historical gold production. Headquartered in Coquitlam, British Columbia, and founded prior to its September 2020 name adoption as Seahawk Gold Corp., the company targets junior mining investors through its cost-conscious operations, with approximately 36.8 million shares outstanding and insiders holding nearly 49% ownership. In recent developments, Seahawk Ventures Inc.--its name since an April 2025 change--terminated a proposed change of business involving acquisitions of Alluvial Capital Corp. and FLEXGPU Inc. in October 2025, reverting its focus to gold exploration; it concurrently announced plans to revert to the Seahawk Gold Corp. name, pending regulatory approval, and to raise up to C$2.0 million via non-brokered private placement to fund renewed exploration and evaluate additional mineral opportunities amid gold prices exceeding US$4,100 per ounce. Further, in late October 2025, the company entered a letter of intent to acquire a portfolio of properties in Arizona and New Mexico from Redline Minerals Inc., signaling geographic expansion beyond Quebec.