Hawkmoon Resources Completes Initial Public Offering and Commences Trading ON the CSE
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HAWKMOON RESOURCES COMPLETES INITIAL PUBLIC OFFERING AND
COMMENCES TRADING ON THE CSE
VANCOUVER, BRITISH COLUMBIA , April 16, 202 1 - Hawkmoon Resources Corp. (CSE:HM)
(the “Company” or “Hawkmoon”) is pleased to announce that it has completed its initial public
offering (the “Offering”) of 7,500,000 units (each, a “Unit”) issued at a price of $0.10 per Unit for
gross proceeds of $750,000.
In connection with the Offering, the Company’s common shares (each a “Common Share”) were
listed on the Canadian Securities Exchange (“CSE”), effective Thursday, April 15, and the Common
Shares are expected to begin trading on the CSE under the symbol “HM” on Monday, April 19,
2021.
Each Unit is comprised of on e (1) Common Share and one (1) Common Share purchase warrant
(a “ Warrant”). Each Warrant is exercisable into one Common Share at a price of $0.15 per
Common Share until April 16, 2023. The Warrants were issued pursuant to a warrant indenture
dated April 16, 2021 between the Company and its warrant a gent, Odyssey Trust Company, a
copy of which is available under the Company’s profile on SEDAR at www.sedar.com.
PI Financial Corp. (the “Agent”) acted as the lead agent for the Offering. In consideration for the
services provided to the Company, the Agent and members of its selling group received: (i) a fee
equal to 8% of the gross proceeds of the Offering; (ii) a corporate finance fee of $25,000; and (iii)
600,000 non-transferable compensation options ( the “Agent’s Options”), each Agent’s Option
exercisable into one (1) Common Share at a price of $0.15 per Common Share until April 16, 2023.
Corporate Update
Hawkmoon was incorporated April 26, 2019. The Company holds an option over a well-
positioned gold property (“Romeo” or the “ Property”) located approximately 175 kilometres
north east of Va l d’Or, Quebec, in the prolific Abitibi Greenstone Belt. Romeo is situated in the
Urban-Barry Gold Camp of the Abitibi Greenstone Belt. The Urban-Barry Gold Camp host s
numerous gold resources including three NI 43-101 compliant gold deposits. These gold deposits
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are: Windfall Lake (Osisko Mining) ; Gladiator (Bonterra Resources) ; and Barry (Bonterra
Resources).
Expenditures totaling approximately $157,000 have been made on Romeo to date. Of this work,
around $115,000 was completed by Hawkmoon in two phases. In 2019, Hawkmoon followed up
on a previous airborne survey completed by the Property vendor. This airborne survey identified
a series of time domain electromagnetic (“ TDEM”) anomalies. Hawkmoon verified each TDEM
anomaly and measured the total magnetic and electromagnetic fields locally. The Company then
commissioned a NI 43 -101 Technical Report titled “NI 43-101 Technical Report on the Romeo
Property” by Gordon Henriksen P.Geo. (the “Report”).
Hawkmoon then completed a second work program on Romeo in 2020 . This work program
included soil sampling in the southwestern area of Romeo as well as a trenching program in an
area of mafic volcanics in the east ern area. This trenching led to discovering a series of five
parallel shear zones in the eastern portion of the Property. The shear zones are generally zoned
with high amounts of pyrite, silica and chlorite altered volcanic and intrusive rocks. The Report
was updated following this 2020 exploration program. A copy of the Report is available under the
Company’s profile on SEDAR at www.sedar.com. Hawkmoon plans to continue work on the
Romeo project this summer and is looking forward to starting the next phase of work.
“Founding Hawkmoon Resources has been a long -term goal of mine. Years of experience in the
mining exploration space have taught me the necessary skills to succeed in the capital markets.
As CEO of a new company, I value the input and guidance from our talen ted management and
advisory board. Moreover, I firmly believe providing transparency and consistent
communications with investors, stakeholders and partners will be the key to success for
Hawkmoon Resources.” stated Branden Haynes, CEO of Hawkmoon Resource s. “Now that
Hawkmoon Resources is a public company, we wish to thank everyone that has supported the
Company during the last two years,” added Mr. Haynes.
About Hawkmoon Resources Corp.
Hawkmoon Resources is a Canadian mining exploration company focused on advancing its
Romeo Project within the Urban -Barry Gold Camp. Hawkmoon Resources features a
management team with 80+ years of combined experience in finance , mineral exploration and
the capital markets.
About Hawkmoon Resources’ Romeo Property
Hawkmoon Resources’ Romeo property is surrounded by Osisko claims on three sides. Romeo’s
bedrock geology is composed primarily of intrusive rocks with local amounts of volcanic and
metamorphic rocks. The intrusive rocks of most interest are diorite. It appears the Bank Fault, as
identified by Osisko Mining, crosses the Romeo Property. The 2020 work program completed by
Hawkmoon appears to have identified a surficial expression of the Bank Fault at the “Fourty Foot
Shear” outcrop.
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Qualified Person
The technical information in this news release has been revie wed and approved by Thomas
Clarke P.Geo., Pr.Sci.Nat. Mr. Clarke is a “Qualified Person” under NI 43 -101 and a Director and
the Vice President Exploration of Hawkmoon.
HAWKMOON RESOURCES CORP.,
ON BEHALF OF THE BOARD
"Branden Haynes"
Branden Haynes, Chief Executive Officer
Forward Looking Statements
This news release contains certain forward-looking statements. The use of the word “expected”,
“projected”, “pursuing”, “plans” and similar expressions are intended to identify forward-looking
statements. Forward-looking statements in this news release include statements regarding: the
Company’s plan to advance the Romeo property; and the potential results of t he Company’s
exploration activities on the Romeo property . The forward -looking statements are made as at
the date hereof and the Company disclaims any intent or obligation to publicly update any
forward-looking statements, where because of new information, future events or results, or
otherwise, except as required by applicable securities laws.
For more information, please contact Branden Haynes, Chief Executive Officer and Director,
Email: [email protected]; Telephone: 604-817-1595