Seahawk Gold Corp. announced a non-brokered private placement of 3,849,999 units at a price of CAD 0.30 per unit for gross proceeds of CAD 1,154,999.70. Each unit consists of one common share and one share purchase warrant entitling the holder to acquire an additional share of Seahawk for a period of two years following closing. The shares, warrants and any warrant shares are subject to a four-month hold period ending November 13, 2022. The company chose not to raise any flow-through funds to protect shareholder value. A 6% finder's fee was paid in conjunction with the financing consisting of $24,299.97 in cash and 150,000 in shares.