December 28th, 2009
News Release No. 188
TSX Venture Exchange - HGO
CUSIP NO : 42016R 30 2

HAWKEYE TO TRADE POST CONSOLIDATED

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.

HAWKEYE GOLD & DIAMOND INC.


Greg Neeld
President & CEO


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.

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