HAWK:CC - HAWKEYE Announces $100000 Private Placement
(TheNewswire)
September 26, 2023 – TheNewswire - Vancouver, British Columbia, Canada - HAWKEYE Gold& Diamond Inc. (the “Company” or "HAWKEYE")(TSXV:HAWK ) ; ( Frankfurt:HGT ) ; ( WKN:A12A61 ) ISIN:CA42016R4017: is pleasedto announce it has arranged to carry out anon-brokered private placement to sell up to 2,000,000 common units(“Common Units”) in the capital of the Companya t a priceof $0.05 per unit. The offering will r aise the Company total proceeds of $100,000.
Each Common Unit will consist of one common share ofthe Company and one half of a transferable share purchase warrant,with each such warrant entitling the holder to acquire one additionalcommon share at a price of $0.10 per common share for a period oftwenty-four (24) months following closing of the Offering.
If at any time after the Closing Date theCorporation’s common shares have a closing price of $0.15 (CDN) ormore per share for ten consecutive trading days on the TSX VentureExchange (the “TSXV”), the Corporation shall be entitled to givenotice to the holders of the warrants issued pursuant to the CommonUnits that such warrants will expire thirty days from the date ofmailing of such notice or the news release of such notice, unless suchwarrants are exercised before the expiry of that period, and in suchevent all unexercised warrants will expire at 4:30 p.m. (Vancouvertime) on the last day of such thirty day period. None of the warrantsissued pursuant to the Offering will be listed for trading.
The Common Units and the underlying securities issuedpursuant to the private placement will be subject to a four month plusone day hold period from closing of the offering in accordance withapplicable securities legislation and completion is subject to receiptof applicable regulatory approvals, including the approval of theTSXV. Finder’s fees may be paid on all or a portion of theOffering.
Proceeds will be used for possible acquisitions, tradesand general working capital purposes.
This news release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities in theUnited States. The securities have not been and will not be registeredunder the United States Securities Act of 1933, as amended (the“U.S. Securities Act”) or any state securities laws and may not beoffered or sold within the United States or to U.S. Persons unlessregistered under the U.S. Securities Act and applicable statesecurities laws or an exemption from such registration is available.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineralexploration and development company based in Vancouver, BritishColumbia (BC), Canada. The Company's properties are located in theworld-class Barkerville gold camp situated in the historic CaribooMining District of central BC, and on Vancouver Island, BC, Canada. The Company owns four 2% royalty interests which are subject tobuy-down provisions on the Railway, McBride, Boomerang and Todaginproperties located in the Golden Triangle of northwest BC. HAWKEYE'scorporate mandate is to build strong asset growth and shareholdervalue through the acquisition of low-cost, high-potentialopportunities with discovery potential, and to manage its business inan environmentally responsible manner while contributing to the localcommunity and economy.
HAWKEYE GOLD & DIAMOND INC.
Per:
“Greg Neeld”
President & CEO
Vancouver: (604) 908-8511
Email: greg@hawkeyegold.com
Web Site: www.hawkeyegold.com
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
C autionary NotesRegarding Forward Looking Statements
This News Release containsforward-looking statements. Forward-looking statements arestatements that relate to future events. These statements are onlypredictions and involve known and unknown risks, uncertainties andother factors that may cause our or our industry’s actual results,levels of activity, performance or achievements to be materiallydifferent from any future results, levels of activity, performance orachievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions uponwhich they are based, are made in good faith and reflect our currentjudgment regarding the direction of our industry, actual results willalmost always vary, sometimes materially, from any estimates, predictions, projections,assumptions or other future performance suggested herein. Except asrequired by applicable law, the Company does not intend to update anyof the forward-looking statements to conform these statements toactual results.
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