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WhiteHawk Minerals Corp. Announces Closing of $111.8 Million of Acquisitions and Related Financings; Revolving Credit Facility Borrowing Base Increased to $175.0 Million

Business Wire•25/09/2026•04:30 ET
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WhiteHawk Minerals Corp. Announces Closing of $111.8 Million of Acquisitions and Related Financings; Revolving Credit Facility Borrowing Base Increased to $175.0 Million

WhiteHawk Minerals Corp. (NYSE: WHK) (“WhiteHawk” or the “Company”) today announced the closing of approximately $111.8 million of acquisitions (the “Acquisitions”), including the approximately $105.0 million purchase of Marcellus, Utica and Haynesville Shale natural gas mineral and royalty assets from San Jacinto Minerals II (“SJM II”), previously announced on August 12, 2026. The Acquisitions were funded with proceeds from a $50.0 million issuance of shares of our newly created Series E Preferred Stock, which closed on September 23, 2026, and the previously announced $75.0 million private placement of our Class A common stock, which closed on September 21, 2026. In connection with the closing of the Acquisitions, the Company also completed its fall redetermination of its reserve-based revolving credit facility with an increase to $175.0 million in borrowing capacity, which remains fully undrawn.

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