West Hawk Development Corp. ("West Hawk") (TSX VENTURE:WHD)(FRANKFURT:H5N) (the
"Company") announces that some suppliers, contractors and vendors have decided
to invest in the company by settling outstanding accounts payable owed for goods
and services on the Figure Four project. The Company proposes to issue up to
7,500,000 units at a price of $0.20 per unit, for an aggregate value of
$1,500,000. 


Each unit is comprised of one common share of the Company and one warrant to
acquire an additional share at $0.40 for a period of two years. The warrants
will be subject to early expiry if, following the date that is four months
following the Closing, the daily volume-weighted average trading price of the
Company's common shares on the TSX Venture Exchange over a period of 10
consecutive trading days is equal to or greater than $0.60.


Dr. Wm. Mark Hart, President and CEO of West Hawk, will also participate in the
transaction for approximately $76,000, or 380,000 shares, for outstanding
compensation and expenses. Dr. Hart's settlement will be in common shares, and
will not include the issuance of any warrants.


"This transaction is very important to West Hawk because it shows that our
closest vendors, contractors and suppliers have confidence in the future growth
of the company," said Roger A. Baer, CFO of West Hawk Development.


Completion of this transaction is subject to the approval of the TSX Venture
Exchange.


On behalf of the Board of Directors,

Dr. 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 Tulita coal property
in the Northwest Territories; the Groundhog coal property located in northwest
British Columbia; and the Ellesmere Island, Nunavut Territory coal property.


Cautionary Note: This news release contains forward looking statements,
particularly those regarding cash flow, capital expenditures and investment
plans. Resource estimates, unless specially noted, are considered speculative.
The Company has filed a National Instrument 51-101 Report on the Figure Four
property. The Company has filed National Instrument 43-101 Reports for each of
the Tulita coal property in the Northwest Territories, the Nunavut Coal property
and the Groundhog Coal property. Any and all other resource or reserve estimates
are historical in nature, and should not be relied upon. By their nature,
forward looking statements involve risk and uncertainties because they relate to
events and depend on factors that will or may occur in the future. Actual
results may vary depending upon exploration activities, industry production,
commodity demand and pricing, currency exchange rates, and, but not limited to,
general economic factors. Cautionary note to U.S. investors: The U.S. Securities
and Exchange Commission specifically prohibits the use of certain terms, such as
"reserves" unless such figures are based upon actual production or formation
tests and can be shown to be economically and legally producible under existing
economic and operating conditions.


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