HAWKEYE Enters Into Agreement to Purchase the Bonanza Property - Seite 3

The Deal

HAWKEYE may purchase the Bonanza Property by paying the vendor $5,000 and issuing a total of 250,000 shares in the capital of the Company. 100,000 shares will come with a standard four (4) month hold and the balance of 150,000 shares will have a voluntary twelve month hold period from TSX acceptance for the Purchase Agreement.

The vendor maintains the right to two types of royalties. The Company will pay the vendor $2.00 per tonne from the production of magnetite from the property. All other minerals produced from the property will be subject to a 2% net smelter royalty (NSR) payable to the vendor from production. The Company has the right to purchase 1.5% of the NSR for $1,500,000 leaving the vendor with a 0.5% interest in the NSR. HAWKEYE will have a first rights of refusal for a period of five years after TSX acceptance for the PA to purchase the remaining 0.5% NSR.

The purchase Agreement is subject to regulatory approval and a finder's fee will be paid in connection with acquisition.

Message from the President

Mr. Greg Neeld, President & CEO of HAWKEYE stated, "We are pleased to have acquired this high-potential, multi-commodity property and look forward to an aggressive exploration season and the potential development of the magnetite prospect in the near-term. The Bonanza Property is consistent with HAWKEYE's new model to acquire properties with production potential while also providing blue sky upside. Magnetite can be sold on a regional basis in British Columbia in markets to the coal and concrete industries, as well as in petroleum pipeline construction and also on an international basis. HAWKEYE looks forward to exploiting this market through production and sale to these markets."

Qualified Person

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101 and an independent consultant to the Company.

References

(1)	Thompson, G. R., 2013.Technical Report on the Steele Creek Property, for Jinhua Capital Corporation.
(2)	McDougall, J.J., 1961, 1962. Preliminary, Interim and Summary Reports on Bob Claims for Falconbridge Copper Ltd. (Reports available from BC Property File).
(3)	Jones, H & Dawson, J. G., 1993 BC Assessment Report # 23551. Report on the Steele Creek Property for Braddick Resources Ltd

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