U.S. Markets closed

Seahawk Ventures Inc. Announces Private Placement

Newsfile Corp.

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - Seahawk Ventures Inc. (CSE: SHV) ("Seahawk") announces that it is undertaking a non-brokered private placement of up to 800,000 units at a price of $0.25 per unit (the "Units") to raise gross proceeds of up to $200,000.00. Each Unit consists of one common share in the capital of Seahawk (a "Share") and one common share purchase warrant (a "Warrant") entitling the holder to acquire one common share in the capital of Seahawk (a "Warrant Share") at a price of $0.50 per Warrant Share for three years from the date of issuance.

The gross proceeds from the sale of the Units will be used for mineral exploration expenses in the Province of Quebec, and for general working capital purposes. There are no Finder's fees in connection with the Placement.

About Seahawk Ventures Inc.

Seahawk Ventures Inc. is a publicly traded Canadian resource exploration company trading in Canada (CSE: SHV), the U.S. (OTC Pink: SEHKF) and Germany (FSE: 7SR). Seahawk is now the 3rd largest land owner in the Urban-Barry Greenstone Belt in the Abitibi sub province of mining friendly Quebec, Canada, with 100% ownership of several mineral properties.

For more information please contact Seahawk Ventures Inc.

Giovanni Gasbarro,
CEO and Director at 1-604-939-1848

Mitchell E. Lavery, P.Geo.
President and Director at 1-613-298-1596

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

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50993