Seahawk Gold Corp. Announces Acquisition of Alluvial Capital Corp. and Marketing Services Agreement
Vancouver, British Columbia, March 11, 2025 – Seahawk Gold Corp. (CSE: SEAG) (OTC Pink: SEHKF) (“Seahawk”), a Canadian mineral exploration company, is pleased to announce that it has entered into a letter agreement (the “Agreement”) dated March 11, 2025 with Alluvial Capital Corp. (“Alluvial”). The Transaction, as outlined in the Agreement, will involve the acquisition by Seahawk Gold of all of the issued and outstanding shares of Alluvial.
Background on Alluvial Capital Corp.
Alluvial Capital Corp., a private company based in Vancouver, British Columbia, is a technology company specializing in waste stream power generation. Alluvial has been working on a non-binding letter of intent with a counterparty to provide marketing services relating to this technology.
Terms of the Transaction
Under the Agreement, Seahawk will issue an aggregate of 15,000,000 common shares of Seahawk to the shareholders of Alluvial. The Transaction is subject to certain customary conditions, including the approval of the Canadian Securities Exchange and the receipt of all necessary regulatory approvals.
Impact on Seahawk Gold
The acquisition of Alluvial represents an exciting opportunity for Seahawk Gold to expand its operations beyond mineral exploration. The waste stream power generation technology, which converts waste into electricity, is a promising and sustainable solution for reducing greenhouse gas emissions and generating revenue. Seahawk’s management team believes that this acquisition will add significant value to the company and create new opportunities for growth.
Impact on the World
The acquisition of Alluvial by Seahawk Gold could have a significant impact on the waste management industry and the world at large. Waste stream power generation is an emerging technology that has the potential to reduce the amount of waste sent to landfills and decrease greenhouse gas emissions. By acquiring Alluvial, Seahawk Gold is positioning itself as a leader in this field and contributing to the global effort to address climate change.
Conclusion
Seahawk Gold’s acquisition of Alluvial Capital Corp. represents an exciting new chapter for the company. By adding waste stream power generation technology to its portfolio, Seahawk is expanding its operations and positioning itself as a leader in a promising and sustainable industry. The potential impact on the waste management industry and the world is significant, as this technology has the potential to reduce greenhouse gas emissions and generate revenue. Seahawk Gold remains committed to creating value for its shareholders and making a positive contribution to the world.
- Seahawk Gold Corp. announces acquisition of Alluvial Capital Corp.
- Alluvial specializes in waste stream power generation technology.
- Transaction involves Seahawk issuing common shares to Alluvial shareholders.
- Impact on Seahawk: Expanding operations, new opportunities for growth.
- Impact on the World: Reducing waste, decreasing greenhouse gas emissions.
- Seahawk committed to creating value for shareholders and making a positive contribution.
