HAWKEYE Gold & Diamond Inc. (the “Company”): Vancouver, British Columbia: Trading symbol: TSX.V:HKO announces that effective at the opening on Tuesday, December 29, 2009 shares of HAWKEYE Gold & Diamond Inc. will commence trading on the TSX Venture Exchange on a consolidated basis.

Shares of the Company will be consolidated on a thirty (30) old for one (1) new basis (30:1) thereby reducing the number of issued and outstanding shares of the Issuer from 76,029,032 (pre consolidated) to 2,534,301 on a post consolidated basis.

The trading symbol for the Company has been changed from HKO to HGO and its cusip number has also been changed from 42016R 10 4 to 42016R 20 3.