SOURCE: Hunt Gold Corporation

July 31, 2008 10:01 ET

Hunt Gold Corporation -- Takeover Bid

Company Confirms It Is Considering a Very Serious Offer Which Could Lead to a Takeover of the Company

NEW YORK, NY--(Marketwire - July 31, 2008) - Hunt Gold Corporation (PINKSHEETS: HGLC) confirmed on July 29, 2008 that it has received a number of serious offers for the Company; which if successful, could lead to a buyout of the Company.

The Company can now confirm that it received, early this morning; a serious Takeover Offer for the Company.

The Board of Directors will seek external advise on this Offer and advise stockholders accordingly.

The Board is therefore now duty bound to enter into formal discussions with all of the various bidders for the Company.

ABOUT HUNT GOLD CORPORATION

Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its Gold properties, namely "Mockingbird," "Ambassador," "Golden Eagle," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal" interests. The Company is completing the sale of its "American Molygold" interests.

For further information contact:

Hunt Gold Corporation

E Mail: investor@huntgoldcorp.com

Telephone: (954) 840-6956

Contact: Mr. Michael G Saner

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact Information

  • For further information contact:
    Mr. Michael G Saner
    Hunt Gold Corporation
    E Mail: Email Contact
    Telephone: (954) 840-6956