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PRESS RELEASE REPORTER

SEAHAWK GOLD CORP  CSE SHV - OTC SEHKF - FSE 7SR

$3 Million Private Placement

High Grade Gold Intersections
https://www.seahawkgoldcorp.com/

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PRESENTATION - WEBSITE - PROPERTIES - DIRECTORS

These shares have doubled in the past 60 days soaring from $0.30 to over $0.70 . Presently the shares are consolidating as the price of gold is backtracking . We expect another surge in the price of gold taking the shares of Seahawk Ventures ( AKA Seahawk Gold ) with the next surge upwards.

All serious investors should place these shares on their BUY LIST

Seahawk Ventures Inc. Announces Private Placement

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2020) - Seahawk Ventures Inc. (CSE: SHV) ("Seahawk") announces that it is undertaking a non-brokered private placement of up to 12,000,000 units at a price of $0.25 per unit (the "Units") to raise gross proceeds of up to $3,000,000.00.

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. A commission will be paid in connection with the Placement.

In other news Seahawk would also like to announce that we have sold the SkyX Property for cash and will retain a 2% N.S.

About Seahawk Ventures Inc.

Seahawk currently owns or has a royalty on five properties in the world famous Urban-Barry Gold Camp, Abitibi Greenstone Belt of mining friendly, Quebec, Canada. The Urban-Barry Camp is the busiest GOLD exploration camp in Canada, with Osisko Mining Inc. in the process of delineating and evaluating zones on the Windfall Property which currently are reported to contain 18.6 mt at 8.5 g/t Au in all categories. All Seahawk properties or royalty interest, Touchdown (2,484 Hectares), Blitz (7,522 Hectares), Mystery (2,598 Hectares) Xtra Point (56 Hectares) and SkyX (sold –Retain 2% NSR) are adjacent to BonTerra (BTR:TSXV) and/or Osisko Mining (OSK:TSE), the two largest explorers in the Urban Barry Camp. In 2019 Seahawk completed a detailed airborne Magnetic survey on the Blitz Property and Grass Roots diamond drilling programs on the Touchdown, Mystery and Blitz Properties. On the Touchdown and Blitz Properties the grass roots diamond drill programs were extremely successful in discovering numerous new Au zones in areas where no previous diamond drilling has ever been completed. These Au intersections range from highly anomalous to high grade, .42 g/t Au to 17.8 g/t Au and varying in width from .1 meters to 4.4 meters.

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 owns four highly prospective properties in the Urban-Barry Greenstone Belt in the Abitibi sub province of mining friendly Quebec, Canada. During 2019 numerous highly anomalous to high grade Gold intersections were discovered on the properties.

This press release was prepared by Mitchell E. Lavery P.Geo., Seahawk Ventures Inc. President and non-arm's length Qualified Person, and is responsible for the content of this Press Release under NI-43-101.

For more information please contact Seahawk Ventures Inc. - https://www.seahawkgoldcorp.com/

CORP STRUCTURE

Seahawk has 32,212,417 shares outstanding – with insiders holding ~ 49%. There are currently 2,033,071 warrants outstanding from the Dec 2019 financing and 2,700,000 company options at $0.25.  Management understands a tight share structure while spending wisely, will not only increase shareholder value, but allow the company to build value with less dilution.

 

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 of1933, 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.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: shareholders approving the change of name to DigiMax, the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the App Platform described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.investment adviser and qualified investment professional before making an investment decision

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