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HAWKEYE Announces $100,000 Private Placement

(TheNewswire) September 26, 2023 – TheNewswire - Vancouver, Britis...

articleHawkeye Gold & Diamond Inc.September 26, 20234/news/hawkeye-announces-dollar100000-private-placement
HAWKEYE Announces $100,000 Private Placement

About this update from Hawkeye Gold & Diamond Inc.

HAWKEYE Announces $100,000 Private Placement (TheNewswire) September 26, 2023 – TheNewswire - Vancouver, British Columbia, Canada - HAWKEYE Gold & Diamond Inc. (the “Company” or "HAWKEYE") (TSXV:HAWK ) ; ( Frankfurt:HGT ) ; ( WKN:A12A61 ) ISIN:CA42016R4017: is pleased to announce it has arranged to carry out a non-brokered private placement to sell up to 2,000,000 common units (“Common Units”) in the capital of the Company a t a price of $0.05 per unit. The offering will r aise the Company total proceeds of $100,000. Each Common Unit will consist of one common share of the Company and one half of a transferable share purchase warrant, with each such warrant entitling the holder to acquire one additional 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 Venture Exchange (the “TSXV”), 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 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 TSXV. Finder’s fees may be paid on all or a portion of the Offering. Proceeds will be used for possible acquisitions, 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 in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act&#x2...

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