Running Foxes

2783 days ago

Nighthawk - Running Foxes accuses it of er...ahem

Last week Nighthawk Energy (HAWK) issued an operational update. Over the weekend its erstwhile business partner Running Foxes issued a press release which puts Nighthawk in a bind. I shall leave the rest to the City's top oil analyst. Over to Mr Zak "the Knife" Phillips at SP Angel:

3628 days ago

Nighthawk & its hidden legal case – how does it define insignificant?

Earlier today I revealed how Nighthawk Energy (HAWK) was served with papers for a potentially large legal claim by its former business partner Running Foxes on 29^th April but had not bothered to tell shareholders. Nighthawk has responded but its statement is er… “interesting.” I have now spoken to Running Foxes. Ho. Ho.

My point here is that Nighthawk should as an AIM listed company fessed up to shareholders on April 29 with an RNS admitting that the claim had been made. It could have described it as a joke at that point, whatever. The point is it should have been open. It was not.

And so The Sheriff of AIM had to publish the court papers in full as you can see HERE

Nighthawk has responded with a statement which follows:

3628 days ago

Nighthawk Energy – Why isn’t it telling shareholders about the big US law suit it faces?

And today’s star turn on the AIM Cesspit is Nighthawk Energy (HAWK) which was served with papers for a major law suit on April 29^th. Surely under AIM rules it should have fessed up to shareholders even if it thought the case was without merit? Fear not, Nighthawk may not want to issue an RNS but the Sheriff of AIM is here to help.

Nighthawk is being sued in Colorado by its former business Partner Running Foxes on a number of counts.