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HAWK.V ·

Issued: 18,256,442 shares

Mergers & Acquisitions

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 27, 2017 TSX Venture Exchange Listed

Frankfurt Exchange Listed

Issued: 18,256,442 shares

News Release No. 284 - 2017

HAWKEYE RECEIVES TSX.V ACCEPTANCE FOR ITS

SECOND PROPERTY ACQUISITION IN THE GOLDEN TRIANGLE, BC, CANADA

Vancouver, British Columbia, Canada - HAWKEYE Gold & Diamond Inc. (the “Company” or

"HAWKEYE") (TSX.V -HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN:

A12A61): is pleased to announce that it has received TSX Venture Exchange acceptance for the

acquisition of a 100% interest in the Todagin Project (the “Property”) which is HAWKEYE’s second

property acquisition located in The Golden Triangle of northwest British Columbia, Canada. The

Property totals 3,608-hectares and is transected by Highway 37 situated approximately 20 kilometres

south of the Village of Iskut and east of Kanaskin Lake . The Property is contiguous to the western

boundary of the Red Chris Mine (Imperial Metals) and the southeastern boundary of GT Gold.

The Property occurs in the Stikinia Terrane within Triassic to Jurassic-age Stuhini and Hazelton Group

volcanoclastic rocks and is located approximately 16 kilometres south of the recent GT Gold “Saddle”

discovery where sign ificant gold values were reported in soil sampling programs and the current

drilling campaign.

The Todagin Property acquisition, which was originally announced September 21, 2017 (news release

No. 277 – 2017), is subject to a $ 7,000.00 cash payment and the issuance of 10 0,000 shares and a

further 250,000 share issuance should the project proceed to a pre-feasibility study.

The acquisition is not subject to an NSR.

Qualified Person

Greg Davison, M.Sc., P.Geo., Senior Technical Advisor to HAWKEYE is the Company's designated

Qualified Person within the meaning of National Instrument 43-101 Standards of Disclosure for

Mineral Projects ("NI 43-101"). Mr. Davison has prepared, reviewed and validated that the technical

information contained within this release is accurate.

About HAWKEYE

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

Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the

trading symbol HAWK and the Frankfurt Exchange under the ticker HGT; ISIN# CA42016R3027 and

WKN# A12A61. 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.

- 2 -

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: (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.