HAWKEYE Receives TSX Venture Exchange Approval for Acquisition of Vancouver Island Claims

About this update from Hawkeye Gold & Diamond Inc.

HAWKEYE Receives TSX Venture Exchange Approval for Acquisition of Vancouver Island Claims (TheNewswire) Vancouver, B C - TheNewswire - May 29, 2023 - HAWKEYE Gold & Diamond Inc. (the “Company” or "HAWKEYE") (TSX.V-HAWK ) ( Frankfurt:HGT ) ( WKN:A12A61 ) ( ISIN: CA42016R4017 ): announc es that is has received TSX Venture Exchange (TSX.V) acceptance for a Sale and Purchase Agreement (the “Agreement”) to purchase three properties (the “Property”) located on the northern end of Vancouver Island, British Columbia, Canada.  The acquisition was originally announced by the Company on May 17, 2023 (news release No. 386 – 2023).  The 227.02-hectare Property is located approximately 110 kilometres northwest of Campbell River and 69 kilometres southeast of Port Hardy.  The Property encompasses the historical Bonanza Pit copper, gold, silver, zinc and magnetite skarn prospect, which has been subject to intermittent exploration over the years since its discovery in 1959.  The three properties are the same claims that formed HAWKEYE’s original Bonanza property.  Upon purchase of the Property under the terms as described directly hereunder the Company will own a 100% interest in the Property and no net smelter return royalty will be retained by the vendor. Terms of Sale HAWKEYE may purchase the Property by issuing the arm’s length vendor a total of 150,000 shares in the capital of the Company upon the Property being transferred to the Company.  The shares will be issued with two different hold periods.  75,000 shares will be issued with a resale restriction for six months from the date that the TSX.V issues its final bulletin confirming acceptance for the Agreement (received) and the balance of 75,000 shares w ill be issued with a twelve month hold period from TSX.V acceptance for the acquisition. No finders’ fees will be paid in connection with the acquisition. About HAWKEYE HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia (BC), Canada. The Company's properties are located in the world-class Barkerville gold camp situated in the historic Cariboo Mining District of central BC, and on Vancouver Island, BC, Canada.  The Company owns four 2% royalty interests which are subject to buy-dow...

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