HAWK:CC - HAWKEYE Seeks Shareholder Approval for Newcrest Acquisition at its Upcoming Meeting of its Shareholders
(TheNewswire)
Vancouver, BritishColumbia, Canada - May 6, 2022 – TheNewswire - HAWKEYEGold & Diamond Inc. (the “Company” or "HAWKEYE")(TSXV:HAWK ) ; Frankfurt Ticker: HGT; WKN: A12A61 ISIN:CA42016R3027): is pleased toannounce that it has called a meeting of itsshareholders to be held on May 31, 2022 (the “Meeting”) to pass an ordinary resolution approvingthe sale of 100% of the Company’s interests in the mineral claimsforming the McBride, Railway, Boomerang and Todagin properties (the“Properties”) to Newcrest Red Chris Mining Ltd., a wholly-ownedsubsidiary of Newcrest Mining Limited (Australian Stock Exchange:NCM, Toronto Stock Exchange: NCM, Papua New Guinea Exchange: NCM) fortotal cash consideration of CAD$1,400,000 and a 2% net smelter returnsroyalty that is subject to buydown provisions (the “Transaction”),all pursuant to an Asset Purchase Agreement between the Company andNewcrest dated March 18, 2022 (the “Agreement”). The Agreementwas announced by a news release dated March 21, 2022, and the Meetingwas announced on March 31, 2022. All proxy materials for the meetinghave been mailed to shareholders and are available for viewing onSEDAR at www.sedar.com.
Hawkeye received conditional approval for theTransaction from the TSX Venture Exchange (the “Exchange”) onApril 22, 2022. Final approval for the Transaction is conditional,among other things, upon receipt of shareholder approval of theTransaction by a simple majority of shareholder votes. If suchapproval is obtained and the Company receives TSX Venture Exchangeapproval for the transaction, the Closing Date of the ProposedTransaction is expected to occur within 3 business days after allclosing conditions in the Agreement are satisfied.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineralexploration and development company based in Vancouver, BritishColumbia (BC), Canada. The Company's precious and base metalsproperties are located in the prolific Golden Triangle of northwestBC, in the world-class Barkerville gold camp situated in the historicCariboo Mining District of central BC, and on Vancouver Island, BC,Canada. HAWKEYE's corporate mandate is to build strong asset growthand shareholder value through the acquisition of low-cost,high-potential opportunities with discovery potential, and to manageits business in an environmentally responsible manner whilecontributing to the local community and economy.
HAWKEYE GOLD & DIAMONDINC.
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.
Cautionary 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 performancesuggested herein. Except as required by applicable law, the Companydoes not intend to update any of the forward-looking statements toconform these statements to actual results.
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