• Hawsons Iron Ltd is offering eligible shareholders a share purchase plan.
• Shareholders can subscribe for up to $30,000 worth of new shares at a discount.
• The offer includes free unlisted options for each share subscribed.
• The offer is open from August 6, 2026, to August 19, 2026.
• Funds raised will be used for various company projects.

Hawsons Iron Limited (ASX: HIO) is offering eligible shareholders a Share Purchase Plan (SPP) to subscribe for up to $30,000 worth of new fully paid ordinary shares at a discounted price of A$0.011 per share, which is a 15.7% discount to the 5-day volume-weighted average price (VWAP) of the shares. Eligible shareholders who participate in the SPP will also receive one free attaching unlisted option for each SPP share subscribed. The SPP offer is open from August 6, 2026, to August 19, 2026, and is not available to shareholders in the United States. The offer is optional and voluntary, and eligible shareholders who do not wish to participate do not need to take any action. The funds raised will be used for finalizing test work on hematite by-products, investigating high-value downstream pelletization options, conducting heritage and ecological surveys, and covering costs of the SPP, corporate costs, and working capital.

Hawsons aims to raise up to $1.5 million under the SPP Offer.

The company plans to use the funds raised for various projects including finalizing test work, investigating downstream options, and covering operational costs.