Hawkeye Closes $65,950 Private Placement

October 4, 2013 TSX Venture Exchange - HGO

CUSIP NO : 42016R 20 3

News Release No. 232 - 2013

HAWKEYE CLOSES $65,950 PRIVATE PLACEMENT

HAWKEYE Gold & Diamond Inc. (the “Company”): Vancouver, British Columbia: Trading symbol: TSX.V:HGO announces that it has closed a non-brokered private placement initially announced August 26, 2013. The placement closed by the Company issuing 4,396,665 units (the “Units”) in the capital of the Company at a price of $0.015 per Unit for total proceeds of $65,950 (Cdn.). Each Unit shall consist of one (1) common share (a “Share”) in the capital of the Corporation and one-half share purchase warrant. Each Warrant will entitle the holder to purchase one (1) additional Share (a “Warrant Share”) for $0.05 at any time prior to 4:30 p.m. (Vancouver time) on October 3, 2014 which is twelve months from the Closing Date, at which time the Warrants will expire; provided that if at any time after the Closing Date the Corporation's Shares have a closing price of Cdn. $0.05 or more per Share for fifteen (15) consecutive trading days on TSX- V, the Corporation shall be entitled to give notice to the holders of the Warrants, that the Warrants will expire 15 days from the date of mailing of such notice unless exercised before the expiry of that period, and in such event all unexercised Warrants will expire at 4:30 p.m. (Vancouver Time) on the last day of such 15 day period. The private placement is subject to a four (4) month hold expiring February 3, 2014.

Proceeds from the private placement are for accounting, audit, transfer agent fee's and legal relating to the Issuer's year end-audit and AGM ($27,946), rent, telephone and general office ($23,918), finders' fees ($4,500) and filing fees ($1,500).

A 10% finders' fee was paid in cash and warrants to two individuals in connection with the closing of the private placement. The Issuer paid a total of $4,395 cash and issued the finders' a total of 313,333 finder warrants which are subject to the same terms and conditions of the above mentioned private placement warrants.

HAWKEYE GOLD & DIAMOND INC.

Per:

“Greg Neeld”

President & CEO

Toll Free: 1-800-665-3624 Email: [email protected] Vancouver: 1-604-878-1339 Web Site: www.hawkeyegold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

HAWKEYE GOLD & DIAMOND INC.

Suite 2302 – 120 Milross Avenue, Vancouver, B.C., Canada V6A 4K7 Ph: (604) 878-1339  Fax: (604) 688-3402  Corporate Communications: 1-800-665-3624  Internet: www.hawkeyegold.com

TSX VENTURE EXCHANGE - HKO