Hawkeye Closes upon IT First Tranche $850,000 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
September 24, 2018 TSX Venture Exchange Listed
Frankfurt Exchange Listed
News Release No. 295 - 2018
HAWKEYE CLOSES UPON IT FIRST TRANCHE $850,000
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 closed upon the first tranche of a non-brokered
flow-through unit and non-flow-through unit financing originally announced on June 27, 2018
(news release No. 288 – 2018) for total proceeds up to $750,000 . HAWKEYE closed the first
tranche by issuing 12,000,000 flow-through-units at a price of 0.05 per unit (“Flow-Through-Unit)
and 5,000,000 non-flow-through units at a price of $0.05 per unit ( “Common Unit”) for total
proceeds of $850,000 (CDN).
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 (24) months
expiring September 18, 2020.
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 September 18, 2019.
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 “TSX V”), 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 from the Offering will be used for general working capital , trades and exploration
expenditures..
An 8% finders' fee was paid i n cash and warrants in connection with the closing of the private
placement. The Issuer paid a total of $46,000 cash and issued 920,000 finders warrants which are
subject to the same terms and conditions of the warrants connected to the Flow-Through and
Common Units. A total of 824,000 finders warrants were issued in connection with the Flow-
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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
Through portion of the financing and 96,000 warrants were issued relating to the Common Unit
portion of the financing.
The Flow-Through Units, the Common Units and the underlying securities issued pursuant to the
private placement offering are subject to a four month hold period expiring January 18, 2019.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company
based in Vancouver, 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 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.