Redhawk Resources, Inc.

Redhawk Resources, Inc.
OMC Capital Corporation

April 30, 2007 15:57 ET

Redhawk Resources, Inc. and OMC Capital Corporation: New Hearing Date for Final Court Approval of Amendment to Plan of Arrangement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 30, 2007) - Redhawk Resources, Inc. ("Redhawk") (TSX VENTURE:RDK)(FRANKFURT:QF7) and OMC Capital Corporation ("OMC") (TSX VENTURE:CMO.P) announce, further to their joint news release dated April 13, 2007 that at a court hearing held on April 20, 2007, the British Columbia Supreme Court ordered that the Redhawk shareholders be given an opportunity to be heard in connection with Redhawk's application for a final order (the "Final Order") approving the amendment (the "Amendment") to the arrangement (the "Arrangement") involving Redhawk, Redhawk's shareholders, OMC and ReMac Zinc Corp., as fully described in the joint news release of Redhawk and OMC dated April 13, 2007. For this purpose, Redhawk's application for the Final Order will be held on May 23, 2007, at 10:00 a.m. or as soon thereafter as counsel may be heard, and Redhawk has mailed written notice (the "Notice") of the hearing. The Notice has been mailed to all of the Redhawk shareholders who were entitled to vote at Redhawk's special meeting held on April 4, 2007. The Notice is available on SEDAR at

The TSX Venture Exchange (the "Exchange") has conditionally approved the Amendment to the Arrangement and the Proposed Qualifying Transaction among Redhawk, Redhawk's shareholders, ReMac Zinc Corp. and OMC. The Exchange approval is subject to receiving the Final Order, closing of the concurrent private placement to raise a minimum of $2,000,000, and the submission of outstanding documents.

Completion of the Proposed Qualifying Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and court approval. There can be no assurance that the Proposed Qualifying Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular prepared in connection with the Proposed Qualifying Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

This news release may contain certain forward-looking statements that reflect the current views and/or expectations of Redhawk Resources, Inc. or OMC Capital Corporation with respect to its respective performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary for a variety of reasons.

The Exchange has in no way passed upon the merits of the Proposed Qualifying Transaction and has neither approved nor disapproved the contents of this press release.

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