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HAWK.V ·

Hawkeye Announces $750,000 Non-Brokered Private Placement

Financings

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

June 27, 2018 TSX Venture Exchange Listed

Frankfurt Exchange Listed

Issued: 18,256,442 shares

News Release No. 288 - 2018

HAWKEYE ANNOUNCES $750,000 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 flow-through units (“Flow-Through Units”) at a price of $0.05

per Flow-Through Unit, and non-flow-through units (" Common Units") at a price of $0.05 per

Common Unit for gross aggregate proceeds of up to $ 750,000 (CDN), being the sale of up to an

aggregate of 15,000,000 Flow-Through Units and Common Units. The number of Flow-Through

Units and Common Units to be sold pursuant to the Offering will be determined by the Issuer

based on investor preference.

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 f or 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 consecutive 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 Flow-Through Units and Common 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.

Proceeds of the Offering will be used to commence summer work programs over HAWKEYE’s

properties situated in the Golden Triangle and Barkerville Terrane, located in British Columbia,

Canada, and for acquisitions, payables and working capital purposes.

The Flow-Through Units, the Common 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.

About HAWKEYE

HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company

based in Vancou ver, British Columbia, Canada . The Company ’s precious and base metals

properties are located in the prolific BC Golden Triangle, world-class Barkerville gold camp and

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 cash flow and production

opportunities with blue sky discovery potential, and to manage our 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 regar ding the direction of our industry, actual results will almost always vary, sometimes materially,

from any estimates, predictions, projections, assumptions 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.