Hawk Announces First Quarter Results and Filing of Final Prospectus



    
    /THIS DOCUMENT IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED
    STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
    VIOLATION OF U.S. SECURITIES LAW./
    

    CALGARY, June 5 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the
"Corporation") is pleased to announce its results for the interim period from
incorporation on February 2, 2009 to March 31, 2009. The unaudited financial
statements and management's discussion and analysis for the interim period
ended March 31, 2009 have been filed on SEDAR and are available for viewing at
www.sedar.com.
    Hawk also announces the filing of its final prospectus dated May 28, 2009
relating to the Corporation's initial public offering of a minimum of 8,000
Units and a maximum of 12,000 Units at a price of $1,000 per Unit for minimum
gross proceeds of $8,000,000 and maximum gross proceeds of $12,000,000. Each
Unit is comprised of 400 Class A Shares at $0.25 per Share and 90 Class B
Shares at $10.00 per Share, each of which will be issued as flow through
shares. The initial public offering is anticipated to close on or about June
11, 2009.
    The Corporation's Board of Directors is comprised of Steve Fitzmaurice
(Chairman), Thomas Buchanan, Mike Shaikh, Gregory Turnbull, and John Wright.
Hawk is led by an experienced management team that includes Steve Fitzmaurice
(President and Chief Operating Officer), Dennis Jamieson (Chief Financial
Officer), Dave Bonnar (Vice President, Business Development), Randy Deobald
(Vice President, Exploration), and Erik DeWiel (Vice President, Land and
Corporate Secretary), a majority of whom led the growth of two previous
companies, Hawk Energy Corp. and Hawk Oil Inc.

    Hawk is a newly formed company engaged in the exploration, development
and production of conventional crude oil and natural gas in western Canada and
is based in Calgary, Alberta. The TSX Venture Exchange has conditionally
approved the listing of the Class A Shares and the Class B Shares under the
trading symbols HWK.A and HWK.B respectively, subject to the Corporation
fulfilling all the listing requirements.

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

    Certain information regarding the Corporation contained herein may
constitute forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements include estimates, plans,
anticipations, expectations, opinions, forecasts, projections, guidance or
other similar statements that are not statements of fact. Although the
Corporation believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations
will prove to be correct. These statements are subject to certain risks and
uncertainties and may be based on assumptions that could cause actual results
to differ materially from those anticipated or implied in the forward-looking
statements. The Corporation's forward-looking statements are expressly
qualified in their entirety by this cautionary statement.





For further information:

For further information: Steve Fitzmaurice, President, CEO and Chairman,
Tel: (403) 264-0191 Ext 225, Email: steve@hawkexploration.ca; Dennis Jamieson,
Chief Financial Officer, Tel: (403) 264-0191 Ext 234, Email:
dennis@hawkexploration.ca

Organization Profile

Hawk Exploration Ltd.

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