Business
HAWKEYE Seeks Shareholder Approval for Newcrest Acquisition at its Upcoming Meeting of its Shareholders
(TheNewswire) Vancouver, British Columbia, Canada - May 6, 2022 – ...
About this update from Hawkeye Gold & Diamond Inc.
[{"type":"text","content":"HAWKEYE Seeks Shareholder Approval for Newcrest Acquisition at its Upcoming Meeting of its Shareholders\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Vancouver, British\nColumbia, Canada - May 6, 2022 –\n \n \n \n \n TheNewswire -\n \n \n \n \n HAWKEYE\nGold & Diamond Inc. (the “Company” or \"HAWKEYE\")\n(TSXV:HAWK\n \n \n \n \n )\n \n \n \n \n ; Frankfurt Ticker: HGT; WKN: A12A61 ISIN:\nCA42016R3027):\n \n \n \n is pleased to\nannounce\n \n \n \n that it has called a meeting of its\nshareholders to be held on May 31, 2022 (the “Meeting”)\n \n \n \n to pass an ordinary resolution approving\nthe sale of 100% of the Company’s interests in the mineral claims\nforming the McBride, Railway, Boomerang and Todagin properties (the\n“Properties”) to Newcrest Red Chris Mining Ltd., a wholly-owned\nsubsidiary of Newcrest Mining Limited  (Australian Stock Exchange:\nNCM, Toronto Stock Exchange: NCM, Papua New Guinea Exchange: NCM) for\ntotal cash consideration of CAD$1,400,000 and a 2% net smelter returns\nroyalty that is subject to buydown provisions (the “Transaction”),\nall pursuant to an Asset Purchase Agreement between the Company and\nNewcrest dated March 18, 2022 (the “Agreement”).  The Agreement\nwas announced by a news release dated March 21, 2022, and the Meeting\nwas announced on March 31, 2022.  All proxy materials for the meeting\nhave been mailed to shareholders and are available for viewing on\nSEDAR at www.sedar.com.\n \n \n \n \n Hawkeye received conditional approval for the\nTransaction from the TSX Venture Exchange (the “Exchange”) on\nApril 22, 2022.  Final approval for the Transaction is conditional,\namong other things, upon receipt of shareholder approval of the\nTransaction by a simple majority of shareholder votes.  If such\napproval is obtained and the Company receives TSX Venture Exchange\napproval for the transaction, the Closing Date of the Proposed\nTransaction is expected to occur within 3 business days after all\nclosing conditions in the Agreement are satisfied.\n \n \n \n \n About HAWKEYE\n \n \n \n \n HAWKEYE Gold & Diamond Inc. is a junior mineral\nexploration and development company based in Vancouver, British\nColumbia (BC), Canada. The Company's precious and base metal...