April 26th, 2016
News Release No. 249 - 2016
TSX Venture Exchange - HGO
CUSIP NO : 42016R 30 2

HAWKEYE GRANTS AND REPRICES INCENTIVE STOCK OPTIONS

Vancouver, British Columbia – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSX.V-HGO): announces the Company has granted incentive stock option to directors, officers and consultants of the Company to purchase up to 861,165 common shares in the capital of the Company at a price of $0.10 per share expiring April 25, 2026.

HAWKEYE has received TSX Venture Exchange approval subsequent to receiving Shareholder approval for its 2015 rolling stock option plan at its Annual and Special General Meeting held December 23, 2015. At the meeting the Company also received shareholder approval for the repricing of 145,000 stock options from $0.60 to $0.10 per share. Repricing of the 145,000 stock options and the granting of 861,165 new stock options are subject to TSX Venture Exchange acceptance.

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.

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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