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

Redhawk Resources, Inc.

June 17, 2011 07:00 ET

Redhawk Resources Retains Stifel Nicolaus as Agent and Qualifies for OTCQX International in U.S.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2011) - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX VENTURE:RDK)(FRANKFURT:QF7)(OTCQX:RHWKF) is pleased to announce the Company retained Stifel Nicolaus & Company, Incorporated ("Stifel Nicolaus") as agent to trade the shares of the Company on the OTCQX International ("OTCQX") and the OTCQX upgrade has been successfully completed. Redhawk's shares will commence trading on the OTCQX effective the market open today, June 17, 2011 under the symbol "RHWKF". Stifel Nicolaus will serve as Redhawk's Principal American Liaison (PAL) on the OTCQX, responsible for providing guidance on OTCQX requirements. Investors will be able to find current financial disclosure and Real-Time Level 2 quotes for Redhawk's shares trading on OTCQX by visiting the following websites: www.otcqx.com and www.otcmarkets.com. Redhawk's shares will remain listed on the TSXV in Canada under the symbol "RDK".

Stephen Barley, Managing Director of the Company, stated: "The OTCQX is a premium market tier with rigid listing and maintenance standards and Redhawk will be listed alongside many internationally respected companies. The OTCQX has a reputation for providing U.S. investors with improved liquidity, transparency, superior information and access through their own U.S. regulated broker-dealers. Redhawk has a number of U.S. investors who will benefit from easier access to the ongoing important developments at our Copper Creek project and the Company will gain exposure to new investors who are interested in this U.S. based advanced copper project."

Scott Walters, Managing Director at Stifel Nicolaus, commented: "We are pleased to have assisted Redhawk in their OTCQX upgrade and to continue our relationship as PAL. Our firm has a substantial U.S. presence and we believe the OTCQX upgrade will provide companies such as Redhawk with much more ready access to one of the largest markets in the world."

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 near the town of San Manuel. The property is in the prolific southwest US porphyry copper belt 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.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter (OTC) market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcmarkets.com.

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.

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