Vancouver, British Columbia – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSX.V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61): is pleased to announce that subsequent to news releases dated November 8, 2019 (news release No. 235 – 2019) and November 15, 2019 (news release No. 336 – 2019), HAWKEYE has received TSX approval for a second amending property agreement (the “Second Amending Agreement”) to revise six separate Sale and Purchase Agreements (the “SAPA Agreements”) between HAWKEYE and the Vendor to acquire a 100% interest in the Company’s six Barkerville properties. The SAPA Agreements for the 2-Aces, Keithley Creek, Cariboo Valley, Seller Creek, Cariboo Lake and Swift River properties (the “Properties”) have all previously received TSX Venture Exchange acceptance. The Properties are all located in the Cariboo Mining Division and situated within fifteen (15) to thirty-five (35) kilometres south-southeast of the town of Barkerville, BC, Canada.
Under terms of the Second Amending Agreement, HAWKEYE may earn a 100% interest in the Properties by issuing the Vendor a total of 2,300,000 shares in the capital of the Company within seven (7) days of receiving TSX Venture Exchange approval for the Second Amending Agreement. The Company has issued the 2,300,000 shares to the Vendor and HAWKEYE now owns a 100% interest in the Properties.
The shares are subject to a four-month hold period expiring March 20, 2020.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada. The Company’s precious and base metals properties are located in the prolific Golden Triangle of northwest BC, in the world-class Barkerville gold camp, and on Vancouver Island, BC, Canada. HAWKEYE’s corporate mandate is to build strong asset growth and shareholder value through the acquisition of low-cost, high-potential opportunities with discovery potential, and to manage its business in an environmentally responsible manner while contributing to the local community and economy.