October 8th, 2013
News Release No. 232 - 2013
TSX Venture Exchange - HGO
CUSIP NO : 42016R 30 2

HAWKEYE Closes $65,950 Private Placement

HAWKEYE Gold & Diamond Inc. (the “Company”): Vancouver, British Columbia: Trading symbol: TSX.V:HGO announces that it has closed a non-brokered private placement initially announced August 26, 2013. The placement closed by the Company issuing 4,396,665 units (the “Units”) in the capital of the Company at a price of $0.015 per Unit for total proceeds of $65,950 (Cdn.). Each Unit shall consist of one (1) common share (a “Share”) in the capital of the Corporation and one-half share purchase warrant. Each Warrant will entitle the holder to purchase one (1) additional Share (a “Warrant Share”) for $0.05 at any time prior to 4:30 p.m. (Vancouver time) on October 3, 2014 which is twelve months from the Closing Date, at which time the Warrants will expire; provided that if at any time after the Closing Date the Corporation’s Shares have a closing price of Cdn. $0.05 or more per Share for fifteen (15) consecutive trading days on TSX-V, the Corporation shall be entitled to give notice to the holders of the Warrants, that the Warrants will expire 15 days from the date of mailing of such notice unless exercised before the expiry of that period, and in such event all unexercised Warrants will expire at 4:30 p.m. (Vancouver Time) on the last day of such 15 day period. The private placement is subject to a four (4) month hold expiring February 3, 2014.

Proceeds from the private placement are for accounting, audit, transfer agent fee’s and legal relating to the Issuer’s year end-audit and AGM ($27,946), rent, telephone and general office ($23,918), finders’ fees ($4,500) and filing fees ($1,500).

A 10% finders’ fee was paid in cash and warrants to two individuals in connection with the closing of the private placement. The Issuer paid a total of $4,395 cash and issued the finders’ a total of 313,333 finder warrants which are subject to the same terms and conditions of the above mentioned private placement warrants.


About the Company

HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the trading symbol HGO. HAWKEYE’s corporate philosophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportunities, managing our business activities in an environmentally responsible manner while contributing to the well-being of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects for significant growth and early returns on investment to maximize shareholder value.


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.

Print This Post Print This Post