Gold Hawk Resources Inc.

Gold Hawk Resources Inc.

December 21, 2006 14:30 ET

Gold Hawk Resources Inc.: 32,500,000 Share Warrants Exercised

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 21, 2006) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:CGK) announced today that the Company, and it's Warrant Agent (Computershare Trust Company of Canada) on behalf of the Company, have received a total of C$11,375,000 from the exercise of 32,500,000 share purchase warrants at C$0.35 per share that were to expire December 19, 2006 (Press Release dated December 6, 2006).

All of the subject warrants which would have expired on December 19, 2006 were exercised. "We would like to thank our shareholders and warrant holders for their continued support as we ready the Coricancha Mine for production in February 2007" said Gordon Bub, Chairman and C.E.O. of the Company.

Following the exercise of the warrants Gold Hawk will have 147,921,044 shares issued and outstanding and 160,336,044 shares fully diluted.

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

Contact Information

  • Gold Hawk Resources Inc.
    Mr. Gordon F. Bub
    Chairman and C.E.O.
    Gold Hawk Resources Inc.
    Mr. Larry Taddei, CA
    Vice President and Chief Financial Officer
    604-689 9266