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| Home : HAWKEYE Announces $50,000 Private Placement and Granting of Options |
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Jan 26
2017 |
HAWKEYE Announces $50,000 Private Placement and Granting of Options |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 25, 2017) - HAWKEYE Gold & Diamond Inc. (the "Company" or "HAWKEYE") (TSX VENTURE:HGO)(FRANKFURT:HGT)(ISIN:CA42016R3027)(WKN:A12A61): announces it has arranged to complete a non-brokered private placement to sell up to 500,000 units (the "Units") in the capital of the Company at a price of $0.10 per Unit for total proceeds of $50,000 (Cdn.). Each Unit shall consist of one (1) common share (a "Share") in the capital of the Corporation and one share purchase warrant. Each Warrant will entitle the holder to purchase one (1) additional Share (a "Warrant Share") for fifteen cents ($0.15) at any time prior to 4:30 p.m. (Vancouver time) on the date which is twelve months from the Closing Date, at which time the Warrants will expire; provided that if at any time after the Closing Date the Corporation's Shares have a closing price of Cdn. $0.15 or more per Share for ten (10) consecutive trading days on TSX-V, the Corporation shall be entitled to give notice to the holders of the Warrants, that the Warrants will expire thirty (30) days from the date of mailing or news release of such notice unless 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 (30) day period. |
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| Source:http://www.marketwired.com/mw/release.do?id=2191097&sourceType=3 |
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