Received by email:

File: HGO NR 245 HGO Repricing Options and AGM Mailing SEDAR FINAL Nov 27 2015.docx

 
November 27, 2015 TSX Venture Exchange - HGO
 Issued: 5,100,264 shares

 
News Release No. 245 - 2015

HGO REPRICING OF STOCK OPTIONS AND AGM RELATED MATTERS


Vancouver, British Columbia - HAWKEYE Gold & Diamond Inc. (the "Company" or "HAWKEYE") (TSX.V: HGO) announces that its
---> board of directors, subject to shareholder and TSX Venture Exchange ("TSXV") approval, has approved the re-pricing of
---> a total of 151,666 options to purchase common shares ("Options") of the Company to an amended exercise price of $0.10
---> per Option (the "Re-Pricing"). The closing price of the Company's common shares on the TSXV on November 26, 2015, pri
--->or to the approval of the Re-Pricing, was $0.04. A total of 151,666 Options issued on July 9, 2012 with an original ex
--->ercise price of $0.60 remain outstanding. 

The Re-Pricing of the Options will be submitted for TSXV approval shortly and shareholder approval will be sought at t
--->he Company's upcoming Annual General and Special Meeting ("AGM") to be held on December 23, 2015 for the Re-Pricing of
---> Options issued to insiders of the Company. The Re-Pricing of the Options held by insiders is subject to the approval 
--->of a simple majority approval of the Company's shareholders excluding votes attached to shares beneficially owned by i
--->nsiders to whom options may be granted under the Company's stock option plan or associates of such persons. Prior to t
--->he Company's receipt of TSXV and shareholder approval, none of the Options may be exercised at the revised price.

The Company also announces that it has mailed the Notice of Meeting and Management Information Circular in connection 
--->with the AGM.  At the AGM, in addition to seeking approval of the Re-Pricing, the Company will propose the re-election
---> of Gregory Neeld, Maureen Keremidschieff, Mary-Lee Neeld and Maureen Watson as directors, the re-appointment of Charl
--->ton & Company, Chartered Accountants as auditors, the approval of the Company's 2015 stock option plan, and the receip
--->t of the Company's annual audited financial statements for the year ended May 31, 2015.  Copies of the Company's meeti
--->ng materials, including the Management Information Circular and form of proxy, are available on the Company's SEDAR pr
--->ofile at www.sedar.com.

About the Company

HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in Vancouver, British Columb
--->ia, Canada and is publicly traded on the TSX Venture Exchange under the trading symbol HGO. HAWKEYE's corporate philos
--->ophy is to build strong asset value through diversification, the acquisition of low-cost high potential mining opportu
--->nities, managing our business activities in an environmentally responsible manner while contributing to the well-being
---> of the local community and economy. Our goal is to ultimately achieve full time commercial production of our projects
---> for significant growth and early returns on investment to maximize shareholder value.







November 27, 2015
HGO Repricing of Stock Options and AGM Related Matters
Page Two


HAWKEYE GOLD & DIAMOND INC.
Per:

"Greg Neeld"

President & CEO

Vancouver: (778) 379-5393
Email: hgo@hawkeyegold.com
Web Site: www.hawkeyegold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes Regarding Forward Looking Statements

This News Release contains forward-looking statements.  Forward-looking statements are statements that relate to futur
--->e events.  These statements are only predictions and involve known and unknown risks, uncertainties and other factors 
--->that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially 
--->different from any future results, levels of activity, performance or achievements expressed or implied by these forwa
--->rd-looking statements.  While these forward-looking statements, and any assumptions upon which they are based, are mad
--->e in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost a
--->lways vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performanc
--->e suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-loo
--->king statements to conform these statements to actual results.




File: HGO NR 245 HGO Repricing Options and AGM Mailing SEDAR FINAL Nov 27 2015.pdf

November 27, 2015                                                               TSX Venture Exchange - HGO
                                                                                     Issued: 5,100,264 shares


                                        News Release No. 245 - 2015

          HGO REPRICING OF STOCK OPTIONS AND AGM RELATED MATTERS


Vancouver, British Columbia - HAWKEYE Gold & Diamond Inc. (the "Company" or
"HAWKEYE") (TSX.V: HGO) announces that its board of directors, subject to shareholder and TSX
Venture Exchange ("TSXV") approval, has approved the re-pricing of a total of 151,666 options to
purchase common shares ("Options") of the Company to an amended exercise price of $0.10 per Option
(the "Re-Pricing"). The closing price of the Company's common shares on the TSXV on November 26,
2015, prior to the approval of the Re-Pricing, was $0.04. A total of 151,666 Options issued on July 9, 2012
with an original exercise price of $0.60 remain outstanding.

The Re-Pricing of the Options will be submitted for TSXV approval shortly and shareholder approval will
be sought at the Company's upcoming Annual General and Special Meeting ("AGM") to be held on
December 23, 2015 for the Re-Pricing of Options issued to insiders of the Company. The Re-Pricing of the
Options held by insiders is subject to the approval of a simple majority approval of the Company's
shareholders excluding votes attached to shares beneficially owned by insiders to whom options may be
granted under the Company's stock option plan or associates of such persons. Prior to the Company's
receipt of TSXV and shareholder approval, none of the Options may be exercised at the revised price.

The Company also announces that it has mailed the Notice of Meeting and Management Information
Circular in connection with the AGM. At the AGM, in addition to seeking approval of the Re-Pricing, the
Company will propose the re-election of Gregory Neeld, Maureen Keremidschieff, Mary-Lee Neeld and
Maureen Watson as directors, the re-appointment of Charlton & Company, Chartered Accountants as
auditors, the approval of the Company's 2015 stock option plan, and the receipt of the Company's annual
audited financial statements for the year ended May 31, 2015. Copies of the Company's meeting materials,
including the Management Information Circular and form of proxy, are available on the Company's
SEDAR profile at www.sedar.com.

About the Company

HAWKEYE Gold & Diamond Inc. is a junior mineral exploration and development company based in
Vancouver, British Columbia, Canada and is publicly traded on the TSX Venture Exchange under the
trading symbol HGO. HAWKEYE's corporate philosophy is to build strong asset value through
diversification, the acquisition of low-cost high potential mining opportunities, managing our business
activities in an environmentally responsible manner while contributing to the well-being of the local
community and economy. Our goal is to ultimately achieve full time commercial production of our projects
for significant growth and early returns on investment to maximize shareholder value.




                                          HAWKEYE GOLD & DIAMOND INC.
                           Suite 203   738 Broughton Street, Vancouver, B.C., Canada V6G 3A7
                       Phone: (778) 379-5393  email: hgo@hawkeyegold.com  www.hawkeyegold.com

                                         TSX VENTURE EXCHANGE - HGO
   November 27, 2015
  HGO Repricing of Stock Options and AGM Related Matters
  Page Two


  HAWKEYE GOLD & DIAMOND INC.
  Per:

  "Greg Neeld"

  President & CEO

  Vancouver: (778) 379-5393
  Email: hgo@hawkeyegold.com
  Web Site: www.hawkeyegold.com

  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
  policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes Regarding Forward Looking Statements

This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future
---> events.
These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may ca
--->use our or
our industry's actual results, levels of activity, performance or achievements to be materially different from any fut
--->ure results, levels
of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward
--->-looking
statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment reg
--->arding the
direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictio
--->ns, projections,
assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not i
--->ntend to
update any of the forward-looking statements to conform these statements to actual results.




                                                  HAWKEYE GOLD & DIAMOND INC.
                                   Suite 203   738 Broughton Street, Vancouver, B.C., Canada V6G 3A7
                               Phone: (778) 379-5393  email: hgo@hawkeyegold.com  www.hawkeyegold.com

                                                   TSX VENTURE EXCHANGE - HGO