Vancouver, British Columbia – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSX.V-HAWK; Frankfurt Ticker: HGT; ISIN: CA42016R3027; WKN: A12A61): announces that the Company has entered into Shares for Debt Settlement Agreements (the “Agreements”) with certain arms-length creditors of HAWKEYE by agreeing to issue a total of 3,500,000 common shares (the “Settlement Shares”) to the creditors at a deemed price of $0.05 per share thereby extinguishing a total of $175,000 of liabilities from the Issuer’s books.
The Agreements are subject to regulatory approval and the Settlement Shares will be subject to a four-month plus one day hold period from closing.
About HAWKEYE
HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columbia, Canada. The Company’s precious and base metals properties are located in the prolific Golden Triangle of northwest BC, in the world-class Barkerville gold camp, and on Vancouver Island, BC, Canada. HAWKEYE’s corporate mandate is to build strong asset growth and shareholder value through the acquisition of low-cost, high-potential opportunities with discovery potential, and to manage its business in an environmentally responsible manner while contributing to the local community and economy.
http://www.hawkeyegold.com/2019/11/hawkeye-announces-shares-for-debt-settlement-agreements/
