VANCOUVER, BC / ACCESSWIRE / October 26, 2020 / HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSXV:HAWK)(Frankfurt:HGT) (WKN: A12A61 ISIN: CA42016R3027): is pleased to announce that it has entered into an Amendment No. 1 of Sale and Purchase Agreement (the “Amending Agreement”) with the vendor of the Company’s 100% owned Bonanza Property (the “Property”) to amend certain terms of the original Sale and Purchase Agreement (the “SAPA”) with the vendor dated January 16, 2017 (news release No. 261 – 2017). The 123.8 hectare Bonanza property is located approximately 110 kilometres northwest of Campbell River and 69 kilometres southeast of Port Hardy situated on the northern end of Vancouver Island, British Columbia, Canada.
Under terms of the Amending Agreement, the vendor agreed to revise conditions relating to the area of interest and eliminate one of the two types of royalties payable to the vendor under terms of the SAPA