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HAWK.V ·

TSX Venture Exchange Accepts Debt Settlement Agreements

Share Capital & Compensation

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

November 18, 2019 TSX Venture Exchange Listed

Frankfurt Exchange Listed

News Release No. 338 – 2019

TSX VENTURE EXCHANGE ACCEPTS DEBT SETTLEMENT AGREEMENTS

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

“HAWKEYE") (TSX.V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61):

announces that subsequent to an original news release dated November 8, 2019 (news release No. 33 4 –

2019), the Company has received TSX Venture Exchange accept ance for two shares for debt settlement

agreements with certain arms-length creditors of the Company. HAWKEYE settled the debt by issuing a

total of 3,500,000 common shares to the creditors at a deemed price of $0.05 per share to settle outstanding

debt for $175,000. The shares are subject to a four month hold period expiring March 15, 2020.

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 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.

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 expr essed 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 wi ll almost 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.