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WHWK — Whitehawk Therapeutics News Story

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Australia's WhiteHawk gains on entering $1.05 million debt facility

BUZZ-Australia's WhiteHawk gains on entering $1.05 million debt facility

** Shares of WhiteHawk WHK.AX rise as much as 16.7% to A$0.004, their highest level since September 21

** Online cybersecurity exchange company enters into an A$1.5 million ($1.05 million) unsecured debt facility with private lender ANCA Capital

** Adds, facility is not convertible, and no security will be issued to the lender

** WHK said proceeds will be used as general working capital and to support co's cost reduction programmes

** Stock down 56.3% YTD, including session's moves

($1 = 1.4235 Australian dollars)


(Reporting by Shravya Marakini in Bengaluru)

((shravya.marakini@thomsonreuters.com;))

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