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Hawkeye Gold & Diamond Inc.
Hawkeye Gold & Diamond Inc.
Registriert in: Kanada WKN: A3D7AY Rohstoffe:
Art: Originalaktie ISIN: CA42016R4017 Gold
Silber
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Heimatbörse: TSX Venture Alternativ: HWKDF
Währung: CAD    
Symbol: HAWK.V Forum:

Hawkeye Gold & Diamond Inc. Oversubscribes Its Non-Brokered Financing with a Lead Order from Palisades Goldcorp

09.09.2020 | 15:10 Uhr | Accesswire
ANCOUVER, Sept. 9, 2020 - Hawkeye Gold & Diamond Inc. (the "Company" or "HAWKEYE") (TSXV:HAWK) (Frankfurt Ticker: HGT; WKN: A12A61 ISIN: CA42016R3027) is pleased to announce that subsequent a news release dated August 24, 2020 (release No. 346 - 2020) whereby the Issuer announced it had arranged to complete a non-brokered private placement of up to 16,000,000 common units at a price of $0.025 per Unit with a lead order from Palisades Goldcorp, the Company will be submitting final documentation to the TSX Venture Exchange to close the financing by issuing 20,900,000 Units for total proceeds of $522,500,

Each unit will consist of one common share of the Company and one share purchase warrant, with each warrant entitling the holder to acquire one common share at a price of $0.05 per common share for a period of thirty-six (36) months following closing of the offering.

Finder's fees totaling $15,575 is payable in cash and the Company will issue 623,000 finders warrants on the same terms as the warrants attached to the private placement Units.

The Offering and payment of finders fees is subject to regulatory approval and the units will be subject to a four month hold period from closing of the offering.

Proceeds will be used for work programs, possible acquisition(s) and general working capital purposes.

About Palisades Goldcorp

Palisades Goldcorp is Canada's new resource focused merchant bank. Palisades' management team has a demonstrated track record of making money and is backed by many of the industry's most notable financiers. With junior resource equities valued at generational lows, management believes the sector is on the cusp of a major bull market move. Palisades is positioning itself with significant stakes in undervalued companies and assets with the goal of generating superior returns.

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.

Hawkeye Gold & Diamond Inc.
Per:

"Greg Neeld"

President & CEO

Vancouver: (604) 908-8511
Email: greg@hawkeyegold.com
Web Site: www.hawkeyegold.com

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.

Cautionary Notes Regarding Forward Looking Statements

This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

SOURCE: Hawkeye Gold & Diamond Inc.

 
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