HAWKEYE Gold & Diamond Inc. (the “Company”): Vancouver, British Columbia: Trading symbol: TSX.V: HGO announces that it has arranged for Debt Settlement’s with two arms length creditors by issuing 482,452 common shares in the capital of the Company at a deemed price of $0.15 per share for a total Debt Settlement of $72,367.

The Shares for Debt transaction is subject to regulatory approval.