|
| ||||||||||||||
Hawk Engages Corinna de Beer as IR Consultant; Terminates Agreement with Agoracom; Lists on Frankfurt Stock Exchange TORONTO, ONTARIO--(MARKET WIRE)--Apr 14, 2008 -- Hawk Uranium Inc. (CDNX:HUI.V - News)(Frankfurt:HPM.F - News) ("Hawk")
is pleased to announce that it has retained Corinna de Beer
for the provision of investor relations, corporate communications
and other services to Hawk. Ms. de Beer has an extensive background in investor relations, corporate communications and database management, working with a number of Canadian junior resource companies, operating in Canada and internationally, focusing specifically on the uranium, diamond, and gold sectors as well as companies operating in the biotechnology and healthcare sectors. Ms. de Beer also has over 10 years of experience working in the financial and foreign exchange market sector, both in Canada and the US. Ms. de Beer has been engaged to initiate, manage and maintain contact with the financial community, shareholders and investors. In addition, she will assist Hawk's management in strategizing, formulating and implementing its communications programs, reinforcing the company's commitment to improve communications and information flow to its shareholders and the investment community. Hawk has retained Ms. de Beer for a period of 6 months for a monthly fee of $4,000 for the first three months and $5,000 for the remaining three months. In addition, Hawk will grant Ms. de Beer options to purchase 200,000 of Hawk's common shares, at an exercise price of $0.25 per share, for a period of three years. Twenty-five percent of the options will vest every three months. Hawk will also reimburse Ms. de Beer for her reasonable expenses. The agreement with Ms. de Beer and the grant of options described above are subject to acceptance for filing by the TSX Venture Exchange. Hawk is also announcing that it has terminated its investor relations agreement with Agoracom Investor Relations Corp. ("Agoracom"). Hawk's decision to terminate this agreement was made in the context of a review of Hawk's investor relations initiatives, with a view to centralizing its investor relations programs, and conducting a greater portion of these programs in-house. Vance White, the President of Hawk, sincerely thanked Agoracom for all its efforts and the services it provided in carrying out investor relations activities on Hawk's behalf. Mr. White said, "Our experience with Agoracom was very positive, and we would certainly recommend their services to other mineral resource companies who wish to strengthen their contact with investors through outside service providers." Hawk is also pleased to announce that its common shares are trading on the Open Market of the Frankfurt Stock Exchange under the stock symbol HPM. According to Mr. White, "Becoming listed on the Frankfurt Stock Exchange is a significant milestone for Hawk. Frankfurt is the second largest exchange in Europe in market capitalization and is aggressively pursuing international issuers. Frankfurt's market for junior natural resource companies is expanding rapidly, thereby providing us with a growing pool of potential European investors. We believe that this increased international presence and shareholder awareness fits perfectly with Hawk's growth strategy." ABOUT HAWK URANIUM INC. Hawk has option interests in: two VMS/nickel/copper exploration properties in the McFaulds Lake "Ring of Fire" area of Northern Ontario through option or joint venture agreements (one with Noront Resources Inc. and one with MacDonald Mines Exploration Ltd.); one gold exploration property in the Wawa area of Ontario, one uranium property in the Elliot Lake Camp of Ontario; one uranium property near the Cluff Lake Uranium Mine within the Athabasca Basin of Saskatchewan; one uranium property in the Charlebois Lake area of the Northern Mining District of Saskatchewan; a uranium project in Grand Calumet Township, Quebec; one uranium property in Gila County, Arizona; and a core holding of 3.5 million shares in Wits Basin Precious Minerals Inc. (OTC BB:WITM.OB - News) ("Wits Basin"). Wits Basin is currently pursuing active projects in South Africa, Colorado, Mexico and the People's Republic of China. Hawk also has petroleum and natural gas properties in Ontario. CAUTIONARY STATEMENT No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Hawk, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and results to differ materially from Hawk's plans and expectations as detailed herein and from time to time in the filings made by Hawk with the TSX Venture Exchange and securities regulators. Hawk does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Contacts:
Hawk Uranium Inc.
H. Vance White
President
(416) 214-2250 or 1-866-214-9486
(416) 367-1954 (FAX)
Hawk Uranium Inc.
Walter Brooks
Vice President
(416) 214-2250 or 1-866-214-9486
(416) 367-1954 (FAX)
Source: Hawk Uranium Inc.
| ||||||||||||||