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HAWKEYE Receives TSX Venture Exchange Approval for Acquisition of Vancouver Island Claims
(TheNewswire) Vancouver, B C - TheNewswire - May 29, 2023...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Receives TSX Venture Exchange Approval for Acquisition of Vancouver Island Claims\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver,\nB\n \n \n \n \n C\n \n \n \n \n -\n \n \n \n \n TheNewswire -\n \n \n \n \n May 29, 2023 -\n \n \n \n \n HAWKEYE\nGold & Diamond Inc.\n \n \n \n \n (the “Company” or \"HAWKEYE\")\n(TSX.V-HAWK\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n Frankfurt:HGT\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n WKN:A12A61\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n ISIN:\n \n \n \n CA42016R4017\n \n \n \n ):\n \n \n \n announc\n \n \n \n \n es that is has received TSX Venture\nExchange (TSX.V) acceptance for a Sale and Purchase Agreement (the\n“Agreement”)\n \n \n to purchase three properties\n(the “Property”) located on the northern end of Vancouver Island,\nBritish Columbia, Canada.  The acquisition was originally announced\nby the Company on May 17, 2023 (news release No. 386 – 2023).  The\n227.02-hectare Property is located approximately 110 kilometres\nnorthwest of Campbell River and 69 kilometres southeast of Port Hardy.\n The Property encompasses the historical Bonanza Pit copper, gold,\nsilver, zinc and magnetite skarn prospect, which has been subject to\nintermittent exploration over the years since its discovery in 1959.\n The three properties are the same claims that formed HAWKEYE’s\noriginal Bonanza property.  Upon purchase of the Property under the\nterms as described directly hereunder the Company will own a 100%\ninterest in the Property and no net smelter return royalty will be\nretained by the vendor.\n \n \n \n \n Terms of Sale\n \n \n \n \n \n \n HAWKEYE may purchase the Property by issuing the arm’s length\nvendor a total of 150,000 shares in the capital of the Company upon\nthe Property being transferred to the Company.  The shares will be\nissued with two different hold periods.  75,000 shares will be issued\nwith a resale restriction for six months from\n \n \n the date that the TSX.V issues its final\nbulletin confirming acceptance for the Agreement (received) and the\nbalance of 75,000 shares w\n \n \n ill be issued with a twelve month hold period from TSX.V acceptance\nfor the acquisition.\n \n \n \n \n No finders’ fees will be paid i...