News Column

HAWKEYE ANNOUNCES POST-CONSOLIDATED PRIVATE PLACEMENT

August 20, 2014



ENP Newswire - 20 August 2014

Release date- 16082014 - Vancouver, British Columbia - HAWKEYE Gold & Diamond Inc. announces that subsequent to a news release dated August 8, 2014 whereby the Company announced a 6:1 consolidation of its common shares, HAWKEYE has arranged to complete a post-consolidate non-brokered private placement to sell up to 4,000,000 units in the capital of the Company at a price of $0.05 per Unit for total proceeds of $200,000.

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 for seven and a half cents ($0.075) at any time prior to 4:30 p.m. on the date 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. $0.10 or more per Share for ten (10) 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 thirty (30) days from the date of mailing or news release 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. on the last day of such thirty (30) day period.

Proceeds from the private placement will be used for trades, general working capital and property acquisition.

The private placement will be subject to a four (4) month hold from closing and completion is subject to receipt of applicable regulatory approvals and finder's fees may be paid on a portion of the offering.

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 from our projects for significant growth and early returns on investment to maximize shareholder value.

Contact:

HAWKEYE Gold & Diamond Inc.

2302 - 120 Milross Avenue

Vancouver, BCCanada V6A 4K7

Tel: 604 688 2929

Fax: 604 688 3402

Email: hgo@hawkeyegold.com

Web: www.hawkeyegold.com


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Source: ENP Newswire


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