Hawkeye Closes upon Its Non-Brokered Flow-Through and Non-Flow-Through Private Placement FOR $915,000
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
October 22, 2018 TSX Venture Exchange Listed
Frankfurt Exchange Listed
News Release No. 300 - 2018
HAWKEYE CLOSES UPON ITS NON-BROKERED FLOW-THROUGH
AND NON-FLOW-THROUGH PRIVATE PLACEMENT FOR $915,000
Vancouver, British Columbia, Canada - HAWKEYE Gold & Diamond Inc. (the “Company” or
"HAWKEYE") (TSX.V -HAWK; Frankfurt Ticker: HGT; WKN: A12A61 ISIN:
CA42016R3027): announces that subsequent to the Company’s original news release dated June 27,
2018 (release No. 288 – 2018) whereby HAWKEYE announced a non-brokered flow-through unit
(“Flow-Through-Unit”) and non-flow-through unit (“Common Unit”) financing at a price of $0.05 per
unit for total proceeds of $750,000 (CDN), and a succeeding news release dated September 24, 2018
(release No. 295 – 2018) whereby the Issuer announced it had closed the first tranche of this financing
for total proceeds of $850,000 (CDN), and a further news release dated October 11, 2018 (release No.
298 - 2018) whereby the Company announced it would be closing the second tranche of the financing
by issuing 1,300,000 Common Units raising total proceeds of $65,000 (CDN), HAWKEYE is pleased
to inform our shareholders and the investment community it has received TSX Venture Exchange
acceptance and closed upon the placement by issuing 12,000,000 Flow-Through-Units (first tranche)
and 6,300,000 Common Units (5,000,000 first tranche and 1,300,000 second tranche) for total proceeds
of $915,000 (CDN). Proceeds from the Offering will be used for general working capital, trades and
exploration expenditures.
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 . The 5.000,000
share purchase warrants issued during closing of the first tranche expire on September 18, 2020 and
the 1,300,000 share purchase warrants issued during closing of the second tranche expire on October
22, 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. The 6,000,000 share purchase warrants issued during closing of the first tranche expire on
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. (Vancouve r time) on the last day of such
thirty day period. None of the warrants issued pursuant to the Offering will be listed for trading.
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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
An 8% finders' fee was paid in 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 -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 (“Units”) and the underlying securities issued pursuant
to closing of the first tranche of the private placement offering are subject to a four month hold period
expiring January 18, 2019 and the Units and underlying securities issued in connection with closing of
the second tranche are subject to a four month hold period expiring February 22, 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 an d 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 ma terially,
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.