Hawkeye Closes 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
January 9, 2020 TSX Venture Exchange Listed
Frankfurt Exchange Listed
News Release No. 340 – 2020
HAWKEYE CLOSES NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia - HAWKEYE Gold & Diamond Inc. (the “Company” or
“HAWKEYE") (TSX.V -HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN:
A12A61): announces that it has received TSX Venture Exchange acceptance for and closed upon
a non -brokered flow -through unit and non -flow-through unit financing which was originally
announced on September 23 , 201 9 (news release No. 326 – 2019) followed by a subsequent
announcement on November 18, 2019 (news release No. 337 – 2019) relating to the closing of the
first tranche of this fin ancing for $219,000. This placement was originally announced for total
proceeds of $500,000 (Cdn), however, due to unfavorable market conditions HAWKEYE closed
the placement by issuing 1,000,000 flow-through-units at a price of 0.05 per unit (“Flow-Through-
Unit) and 3,380,000 non-flow-through units at a price of $0.05 per unit (“Common Unit”) for total
proceeds of $219,000 (raised during the first tranche).
Each Common Unit consists of one non-flow through common share of the Company 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 months expiring
November 15, 2021.
Each Flow-Through Unit consists of one flow -through common share of the Company 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 expiring November 15, 2020.
If the Issuer’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 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 lis ted for
trading.
Proceeds from the Offering are for general working capital, trades and exploration expenditures.
The shares are subject to a four month hold period expiring March 15, 2020.
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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
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral explo ration and development 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, B C, 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: (778) 379-5393
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 expresse d 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 a lmost 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.