Business
HAWKEYE Acquires Railway Property in BC Golden Triangle
VANCOUVER, BC / ACCESSWIRE / July 24, 2019 / HAWKEYE Gold & Diamond Inc. (the “C...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Acquires Railway Property in BC Golden TriangleVANCOUVER, BC / ACCESSWIRE / July 24, 2019 / HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE\") (TSX-V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61): is pleased to announce that HAWKEYE has entered into two Sale and Purchase Agreements with two separate arms-length vendors to acquire 100% interests in an additional fifteen (15) claims (the “Claims”) totaling 826 hectares in the BC Golden Triangle. The Claims are located approximately 12 kilometres east-northeast of the Village of Iskut, BC, Canada, and are situated in the Liard mining district west of the Klappan River surrounding Thatue Mountain. The Claims are also situated in close proximity to the Company’s McBride and Todagin properties. Agreement DetailsUnder terms of the first Sale and Purchase Agreement between HAWKEYE and the vendor, the Company may acquire one Claim totaling 34 hectares by issuing 100,000 shares in the capital of the Company to the vendor. The acquisition is not subject to an NSR..Under terms of the second Sale and Purchase Agreement between HAWKEYE and the vendor, the Company may acquire fourteen (14) Claims totaling 792 hectares by paying a $1,000 cash payment and issuing 200,000 shares in the capital of the Company to the vendor. The acquisition is not subject to an NSR. The two Sale and Purchase Agreements between HAWKEYE and the Vendors are subject to TSX approval. The shares will be issued with a four month hold period from issuance.About HAWKEYEHAWKEYE 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 & CEOVancouver: (778) 379-5393Email: [email protected] Site: www.hawkeyegold.comNeither TSX V...