Redhawk Resources, Inc.

Redhawk Resources, Inc.

August 04, 2011 09:00 ET

Redhawk Resources Receives Conditional Approval for Listing on the Toronto Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2011) - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX VENTURE:RDK)(FRANKFURT:QF7)(OTCQX:RHWKF) is pleased to announce that it has received conditional approval to list its common shares for trading on the Toronto Stock Exchange (the "TSX"). The conditional approval is subject to receipt of standard documentation. The common shares of the Company are presently listed for trading on the TSX Venture Exchange ("TSXV") as well as the OTCQX. The Company expects that its common shares will commence trading on the TSX on or before September 15th, 2011 (the "Listing Date"), under its current trading symbol "RDK." The Company will make a further announcement once the TSX has provided the final acceptance of the listing, and issued a bulletin confirming the Listing Date. In the interim, Redhawk's common shares will remain listed on the TSXV under the symbol "RDK", and will delist from the TSXV on the Listing Date.

Stephen Barley, Managing Director of Redhawk stated: "We are extremely pleased to have received conditional listing approval from the TSX. This graduation is another milestone for the Company and will broaden our access to the equity markets as we continue with the accelerated development of our Copper Creek project."

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 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 mill and smelter. The area is a mining friendly and politically secure location with excellent and readily accessible infrastructure including power, rail, water, roads and qualified consultants.


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.

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