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HAWKEYE Receives TSX.V Acceptance to Close $500,000 Non-Brokered Private Placement
VANCOUVER, BC / ACCESSWIRE / September 16, 2019 / HAWKEYE Gold & Diamond Inc. (the ȁ...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Receives TSX.V Acceptance to Close $500,000 Non-Brokered Private PlacementVANCOUVER, BC / ACCESSWIRE / September 16, 2019 / HAWKEYE Gold & Diamond Inc. (the “Company” or \"HAWKEYE\") (TSX.V-HAWK; Frankfurt Ticker: HGT; WKN: A12A61 ISIN: CA42016R3027): is pleased to announce it has received TSX Venture Exchange (TSX.V) acceptance to close upon the $500,000 non-brokered non-flow-through and flow-through unit financing originally announced on August 6, 2019 (news release No. 317 - 2018). Upon closing of the placement, the Company will issue 5,840,000 non-flow-through units at a price of 0.05 per unit (“Common Unit”) and 4,220,000 flow-through units at a price of $0.05 per unit (“Flow-Through Unit”) for total proceeds of $503,000 (CDN).Each Common Unit consists of one non-flow through common share of the Company and one transferable share purchase warrant, with each such warrant entitling the holder to acquire one common share at a price of $0.10 per common share for a period of twenty-four (24) months from closing.Each Flow-Through Unit consists of one flow-through common share of the Company and one half of a transferable share purchase warrant, with each such full warrant entitling the holder thereof to acquire one non-flow-through common share at a price of $0.10 per common share for a period of twelve (12) months from closing.If the Issuer’s common shares have a closing price of $0.20 (CDN) or more per share for ten consecutive trading days on the TSX Venture Exchange (the “TSXV”), the Corporation shall be entitled to give notice to the holders of the warrants issued pursuant to the Flow-Through Units and Common Units that such warrants will expire thirty days from the date of mailing of such notice or the news release of such notice, unless such warrants are exercised before the expiry of that period, and in such event all unexercised warrants will expire at 4:30 p.m. (Vancouver time) on the last day of such thirty day period. None of the warrants issued pursuant to the Offering will be listed for trading.Proceeds from the Offering will be used for general working capital, trades and exploration expenditures..A 10% finders' fee will be paid in cash and broker warrants in connection with closing of the Unit portion of the placement and 8% in cash and war...