Hawkeye Arranges FOR a Non-Brokered Financing FOR up to $400,000 with a Lead Order from Palisades Goldcorp
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 24, 2020 TSX Venture Exchange Listed
Frankfurt Exchange Listed
News Release No. 346 - 2020
HAWKEYE ARRANGES FOR A NON-BROKERED FINANCING FOR UP TO $400,000
WITH A LEAD ORDER FROM PALISADES GOLDCORP
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 of up to 16,000,000 common units in the capital of the Company at a price of $0.025
per Unit with a lead order from Palisades Goldcorp.
Each unit will consist of one common share of the Company and one share purchase warrant, with
each warrant entitling the holder to acqu ire one common share at a price of $0. 05 per common
share for a period of thirty-six (36) months following closing of the offering.
Upon closing of the placement, the Company will receive up to $400,000 in total proceeds.
The Offering is subject to regulatory approval and the units will be subject to a four month hold
period from closing of the offering. Finder’s fees may be paid on all or a portion of the Offering.
Proceeds will be used for work programs, possible acquisition(s) and general working capital
purposes.
About Palisades Goldcorp
Palisades Goldcorp is Canada's new resource focused merchant bank. Palisades' management team
has a demonstrated track record of making money and is backed by many of the industry's most
notable financiers. With junior resource equities valued at generational lows, management believes
the sector is on the cusp of a major bull market move. Palisades is positioning itself with significant
stakes in undervalued companies and assets with the goal of generating superior returns.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company
based in Vancouver, British Columbia, Canad a. 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.
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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
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 cur rent judgment
regarding 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 la w, the
Company does not intend to update any of the forward-looking statements to conform these statements to actual results.