Business
HAWKEYE Receives TSX.V Conditional Acceptance for a $1,650,000 Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VAN...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Receives TSX.V Conditional Acceptance for a $1,650,000 Non-Brokered Private PlacementNOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / June 1, 2021 / HAWKEYE Gold & Diamond Inc. (the \"Company\" or \"HAWKEYE\") (TSXV:HAWK) (Frankfurt: HGT; WKN: A12A61 ISIN: CA42016R3027): is pleased to announce it has received TSX Venture Exchange (the \"TSX.V\") conditional acceptance for a $1,650,000 (CDN) non-brokered private placement to sell up to 33,000,000 Units (\"Units\") in the capital of the Company at a price of $0.05 per Common Unit, for gross proceeds of up to $1,650,000 (CDN). This placement was previously announced on May 18, 2021 (news release No. 357 - 2021).Each Common Unit will consist of one common share of the Company (a \"Common Share\") and one half of a 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 following closing of the Offering.If at any time after the Closing Date the Corporation's Common Shares have a closing price of $0.15 (CDN) or more per share for ten consecutive trading days on the TSX.V, the Corporation shall be entitled to give notice to the holders of the warrants issued pursuant to the 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.The Common Units and the underlying securities issued pursuant to the private placement Offering will be subject to a four month plus one day hold period from closing of the Offering in accordance with applicable securities legislation and completion is subject to receipt of applicable regulatory approvals, including the approval of the TSX.V. Finder's fees may be paid on all or a portion of the Offering.Proceeds will be used for work programs, possible acquisition(s), trades and general working capital purposes.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities i...