Hawthorne Gold Corp.
TSX VENTURE : HGC

Hawthorne Gold Corp.

October 05, 2007 09:30 ET

Hawthorne Gold Graduates to Tier 1 on TSX-V

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 5, 2007) - Hawthorne Gold Corp. ("Hawthorne") (TSX VENTURE:HGC) is pleased to announce that it has achieved Tier 1 issuer status on the TSX Venture Exchange (the "TSX-V"), effective today. As stated in TSX-V's Policy 2.1, "A Tier 1 listing represents the TSX-V's premier tier and is reserved for the most advanced public companies with the most significant financial resources. Tier 1 Issuers benefit from decreased filing requirements and improved service standards." Tier 1 status will permit the Company to take advantage of a more favourable regulatory environment and financing mechanisms. The Company's trading symbol will remain "HGC".

About Hawthorne Gold Corp.

Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located in British Columbia, Canada. Hawthorne Gold is managed by well-respected mining leaders Richard Barclay and Michael Beley. Together with mining veteran Michael Redfearn, and a strong board of Directors from across the mining industry, the goal is to become another successful gold company through focused exploration and development initiatives and potential acquisitions of other projects.

ON BEHALF OF HAWTHORNE GOLD CORP.

Richard J. Barclay, President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this release.

Contact Information

  • Hawthorne Gold Corp.
    Todd Hanas
    Toll Free: 1-866-869-8072
    or
    Hawthorne Gold Corp.
    Robert Ferguson
    (604) 629-1505 or Toll Free: 1-888-629-1505
    (604) 629-0923 (FAX)
    Website: www.hawthornegold.com