Redhawk Resources, Inc.
TSX VENTURE : RDK
FRANKFURT : QF7

Redhawk Resources, Inc.

March 21, 2011 12:23 ET

Redhawk Appoints Buick Group Corp. as Investor Relations Consultant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 21, 2011) - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX VENTURE:RDK)(FRANKFURT:QF7) is pleased to announce that it has appointed the Buick Group Corp. ("Buick Group") as an investor relations consultant. The agreement with Buick Group is effective March 18, 2011 and is subject to the approval of the TSX Venture Exchange.

The Buick Group is a Toronto based firm that specializes in assisting emerging growth companies with public relations, capital markets experience, brand building and brand awareness and developing and initiating strategies to strengthen relations and communications between companies or individuals associated with the firm. The Buick Group will assist the Company in gaining increased exposure to investors through the dissemination of corporate information to a network of online venues, brokerage firms, financial institutions and private investors.

The Buick Group has been appointed for an initial term of three (3) months, which can be extended for further six (6) month periods as confirmed by the Company. The Buick Group will be paid for provision of its services a monthly fee of $7,500 and a grant of 500,000 incentive stock options exercisable at $0.75 per option on or before March 21, 2016, subject to the terms and conditions of the Company's stock option plan.

The Buick Group does not currently have any interest, directly or indirectly, in the Company or its securities, although it may choose to acquire shares in the Company in the future. The Buick Group does not intend to undertake any market making activities.

About Redhawk

Redhawk is a Canadian-based resource exploration and development company with primary focus on the accelerated development of its advanced stage Copper Creek copper-molybdenum project in San Manuel, Arizona.

The 100% owned Copper Creek property consists of approximately seven square miles of almost totally contiguous patented and unpatented mining claims and state prospecting permits, located about 70 miles northeast of Tucson, Arizona and about 15 miles east of San Manuel. The property is in the prolific southwest US porphyry copper belt at the projected intersection of a major northwest belt of porphyry copper deposits or mines (Ray, Miami/Globe, Superior/Resolution, Johnson Camp) and a major east-northeast belt of porphyry deposits (San Manuel/Kalamazoo, Silver Bell, Lakeshore, Safford, Morenci). The property is within sight of the former BHP Kalamazoo/San Manuel copper smelter and mine and within 30 miles of an existing operating copper smelter. The area is a mining friendly and politically secure location with excellent and readily accessible infrastructure.

ON BEHALF OF THE BOARD

J. Stephen Barley, Managing Director

The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, Redhawk does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires Redhawk to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Redhawk Resources, Inc.
    J. Stephen Barley
    Managing Director
    604-633-5088
    inquiries@redhawkresources.com
    www.redhawkresources.com
    or
    Buick Group Corp.
    Jonathan Buick
    Investor Relations
    416-915-0915
    or
    314 Finance Corp.
    Tasso Baras
    Investor Relations
    604-738-3882 or Toll Free: 1-877-738-3882