West Hawk Development Corp. (TSX VENTURE:WHD) ("West Hawk" or the "Company"):
Further to the Company's May 15, 2008 press release announcing that Fuselier
Holding, LLC ("Fuselier") has reached settlement agreements with certain of West
Hawk's former creditors, the Company advises that of the original group of 74
creditors owed an aggregate of approximately US$10.6 million, which debt
obligations were assigned to Fuselier in April 2008, only 6 creditors
representing a total debt obligation of approximately US$900,000 remain.


The creditors that have reached settlement with Fuselier have signed agreements
which release the Company from any future liability regarding the US$9.7 million
in assigned debt once the debt is fully paid. Fuselier will obtain a similar
release from each remaining creditor once settlements are reached for the
balance of the outstanding debt. The settlements are subject to agreed judgments
in the aggregate amount of approximately US$10 million, each of which is
enforceable against West Hawk (and in turn against Fuselier under the terms of
the below referenced debt settlement and assignment agreement) in the event that
Fuselier defaults in any payment under the terms of the applicable settlement
agreement.


Pursuant to a definitive debt settlement and assignment agreement entered into
between the Company and Fuselier announced on April 10, 2008, the Company
assigned the US$10.6 million in trade debt to Fuselier in exchange for
US$800,000 in previously issued common shares of West Hawk and a convertible
promissory note in the principal amount of US$9,863,632. Under the terms of the
debt settlement and assignment agreement, Fuselier has indemnified the Company
against all liabilities, judgments and costs arising from or in any way related
to any claim of any person relating to the assigned debt.


On behalf of the Board of Directors,

Wm. Mark Hart, President and Chief Executive Officer

About the Company: West Hawk Development Corp. is focused on providing valuable,
high-demand energy products from a variety of sources. Assets include the Figure
Four natural gas property located in the Piceance Basin, Colorado, being
developed under a drilling and development agreement; the Groundhog coal
property located in northwest British Columbia; the Tulita coal property located
in the Northwest Territories; and the Ellesmere Island, Nunavut Territory coal
property.


About Fuselier Holding, LLC: Fuselier Holding provides equity financing to
publicly traded companies. By tailoring innovative, strategic financial
solutions for each client, Fuselier implements an appropriate investment
structure which allows the client to focus on its company fundamentals. Fuselier
takes a synergistic approach which not only builds an ongoing relationship with
their clients, but allows for overall growth and improvement in the company, the
community, and the national economy. Visit http://www.fhhelp.com for more
information.