Nighthawk increases bought deal private placement financing to $11 million

17 May 2019

Nighthawk Gold Corp. is pleased to announce that it has agreed with the syndicate of underwriters, co-led by PI Financial Corp and BMO Capital Markets Canada Ltd., including Haywood Securities Inc. (the "Underwriters"), to increase the size of the bought deal private placement (the "Offering"), as previously announced on May 15, 2019. Due to the high level of interest, the Underwriters have increased the size of the Offering to $11 million for a total purchase of 12,500,000 flow-through common shares (the "FT Shares") and 12,100,000 charity flow-through common shares (the "Charity FT Shares"), which the FT Shares and Charity FT Shares will qualify as "flow-through shares" within the meaning of the Income Tax Act (Canada).