Hawkeye Announces $500,000 Non-Brokered Private Placement
HAWKEYE GOLD & DIAMOND INC.
Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2
Phone: (778) 379-5393 • Fax: (778) 379-5396 • www.hawkeyegold.com
TSX VENTURE EXCHANGE - HAWK
August 6, 2019 TSX Venture Exchange Listed
Frankfurt Exchange Listed
News Release No. 317 - 2019
HAWKEYE ANNOUNCES $500,000 NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia, Canada - HAWKEYE Gold & Diamond Inc. (the “Company”
or "HAWKEYE") (TSX.V -HAWK; Frankfurt Ticker: HGT; WKN: A12A61 ISIN:
CA42016R3027): is pleased to announce it has arranged to complete a non-brokered private
placement (the “Offering”) to sell non-flow-through units ("Common Units") at a price of $0.05
per Common Unit and flow-through units (“Flow-Through Units”) at a price of $0.05 per Flow-
Through Unit, for gross aggregate proceeds of up to $500,000 (CDN), being the sale of up to an
aggregate of 10,000,000 Common Units and Flow-Through Units. The number of Common Units
and Flow-Through Units to be sold pursuant to the Offering will be determined by the Issuer based
on investor preference.
Proceeds from the Offering will be used to perform a ground -based Induced Polarization (IP),
resistivity and chargeability survey over HAWKEYE’S McBride property located in the BC
Golden Triangle. The ground geophysical survey will be follow ed by a Se ptember 2019 drill
program over priority targets defined by the survey. The Company plans to drill up to 3,000 metres.
Proceeds will also be used for acquisitions, payables and working capital purposes.
Each Common Unit will consist of one non-flow through common share of the Company (a
“Common Share”) and one transferable share purchase warrant, with each such warrant entitling
the holder to acquire one Common Share at a price of $0.10 per Common Share for a period of
twenty-four (24) months following closing of the Offering.
Each Flow -Through Unit will consist of one flow -through common share of the Company (a
“Flow-Through Share”) and one half of a transferable share purchase warrant, with each such full
warrant entitling the holder thereof to acquire one non-flow-through Common Share at a price of
$0.10 per Common Share for a period of twelve (12) months following closing of the Offering.
If at any time after the Closing Date the Corporation’s Common Shares have a closing price of
$0.20 (CDN) or more per share for ten conse cutive trading days on the TSX Venture Exchange
(the “TSXV”), the Corporation shall be entitled to give notice to the holders of the warrants issued
pursuant to the Common Units and Flow-Through Units that such warrants will expire thirty days
from the date of mailing of such notice or the news release of such notice , unless such warrants
are 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 thirty day period. None of the warrants issued
pursuant to the Offering will be listed for trading.
The Common Units, the Flow-Through Units and the underlying securities issued pursuant to the
private placement Offering will be subject to a four month plus one day hold period from closing
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HAWKEYE GOLD & DIAMOND INC.
Suite M202 – 1985 Alberni Street, Vancouver, B.C., Canada V6G 0A2
Phone: (778) 379-5393 • Fax: (778) 379-5396 • www.hawkeyegold.com
TSX VENTURE EXCHANGE - HAWK
of the Offering in accordance with applicable securities legislation and completion is subject to
receipt of applicable regulatory approvals, including the approval of the TSXV. Finder’s fees may
be paid on all or a portion of the Offering.
Qualified Person
Technical information in this news release has been approved by Andrew Mitchell, B.Sc., P. Geo.,
a senior geologist with C.J. Greig & Associates and a qualified person for the purpose of National
Instrument 43 -101. Mr. Mitchell has prepared, reviewed and validated that the technical
information contained within this release is accurate.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and developm ent company
based in Vancouver, British Columbia, Canada. The Company's precious and base metals
properties are located in the prolific Golden Triangle of northwest BC, in the world -class
Barkerville gold camp, and on Vancouver Island, BC, Canada. HAWKEYE' s corporate mandate
is to build strong asset growth and shareholder value through the acquisition of low -cost, high-
potential opportunities with discovery potential, and to manage its business in an environmentally
responsible manner while contributing to the local community and economy.
HAWKEYE GOLD & DIAMOND INC.
Per:
“Greg Neeld”
President & CEO
Vancouver: (604) 908-8511
Email: [email protected]
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.
Cautionary Notes Regarding Forward Looking Statements
This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events.
These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our
or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by these forward -looking statements. While these forward -
looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment
regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumpt ions or other future performance suggested herein. Except as required by applicable law, the
Company does not intend to update any of the forward-looking statements to conform these statements to actual results.