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    West Hawk Announces Joint Venture and Private Placement - 500 Beiträge pro Seite

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      schrieb am 11.01.06 18:50:13
      Beitrag Nr. 1 ()
      Handelbar unter TSX WHD.V, in D A0F5WE

      Press Release Source: West Hawk Development Corp.

      West Hawk Announces Joint Venture and Private Placement
      Wednesday January 11, 12:07 pm ET

      VANCOUVER, Jan. 11 /CNW/ - West Hawk Development Corp. ("West Hawk"), (WHD-TSX.V) is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with Anglo Pacific Group PLC ("Anglo Pacific") of London, England (APF-LSE and AGP-ASX).

      The intent of the MOU is to form a working relationship between the two companies focusing on the joint exploration and development of Anglo Pacific`s and West Hawk`s Upper and Lower Discovery coal seams located at the Groundhog coal field in British Columbia, Canada.

      The two properties are contiguous and are underlain by dominantly shale and sandstone beds of the Upper Jurassic Currier Formation which contain the Upper and Lower Discovery coal seams. The coal seams outcrop on both properties and are believed to be stratigraphically and structurally related according to the results of previous drilling. In total, twenty five individual seams have been documented in the area grading from anthracite to meta-anthracite in quality. The seams on West Hawk`s Lower Discovery and Evans Creek properties alone comprise an inferred resource of 48,000,000 tonnes, having been outlined in a recently completed National Instrument 43-101 report produced by Don Wedman P.Eng.. Additional resources are expected to be outlined by exploration work on both Anglo Pacific`s Upper Discovery and West Hawk`s Lower Discovery Creek properties.

      Dr. Mark Hart the COO of West Hawk explained "the concept of the joint venture plan is to gain economies of scale by increasing the size of the project and therefore reducing exploration, development and mining costs". Dr. Hart has just recently joined West Hawk and is considered an expert in Coal Mining having graduated with a PhD from the Colorado School of Mines and worked as a senior executive for several senior mining and energy companies.

      It is proposed that both Anglo Pacific and West Hawk will each be initially contributing C$600,000 to the joint operating company and implementing a C$1,200,000 exploration program to begin this spring designed to advance the current inferred resources at the Upper and Lower Discovery properties to the measured and indicated category.

      As part of the working relationship Anglo Pacific has agreed to subscribe C$600,000 to a private placement in West Hawk consisting of 1.5 million units at a price of C$0.40 per unit. Each unit will consist of 1 common share and one half of one share purchase warrant. Each whole warrant will entitle the holder to purchase one share of West Hawk at a price of C$0.60 for a period of 2 years. Once the financing is completed Anglo Pacific will be the beneficial owner of 3.9 million common shares of West Hawk equivalent to approximately 13% of the issued and outstanding share capital.

      Anglo Pacific is a natural resources royalty company listed on both the London and Australian Stock Exchanges (symbols APF-LSE and AGP-ASX). The company is currently receiving royalty receipts from two coking coal mines in Queensland, Australia operated by Rio Tinto and BHP Billiton. Anglo Pacific has other private coal interests in the Groundhog district and also at Trefi in British Columbia. Anglo Pacific has further private coal interests in Australia and maintains, inter alia, substantial quoted equity stakes in a number of coal, uranium, gold and PGM mining projects in North America and Australia. These include stakes in Cambrian Mining and Western Canadian Coal.

      West Hawk is a mineral exploration and development company committed to building shareholder value through the development of its four coal properties in Northern British Columbia including plans to build an Integrated Gasification Combined Cycle (IGCC) electrical power plant and a coal-to- liquids plant (diesel & naphtha) at the company`s Australian Creek project 28 km South of Quesnel B.C..

      The information contained in this news release, has been reviewed, approved and deemed reliable by Michael Sandidge P Geo., the qualified person.

      West Hawk also announces that it has granted incentive stock options to Dr. Mark Hart, an officer and Director, to purchase up to a total of 300,000 common shares in the capital stock of the company, exercisable for a period of five years, at a price of C$0.40 cents per share

      ON BEHALF OF THE BOARD OF DIRECTORS

      "Michael Townsend"
      President and Chairman

      THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
      RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
      RELEASE.


      This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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 future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company`s expectations are disclosed in the Company`s documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

      For further information

      WEST HAWK DEVELOPMENT CORP. - WHD TSX.V, Suite 1128 - 789 West Pender Street, Vancouver, BC V6C 1H2, Email:info@westhawkdevelopment.com, Telephone: (604) 669-9330, Facsimile: (604) 669-9335, Toll Free: 1-866-669-9377


      Source: West Hawk Development Corp.
      Avatar
      schrieb am 11.01.06 19:03:07
      Beitrag Nr. 2 ()
      Die Firma hat Anfang Dezember 2005 einen bekannten Experten in ihr Team geholt - weitere Infos gibts unter www.westhawkdevelopment.com :

      Press Release Source: West Hawk Development Corp.

      West Hawk Appoints Coal Mining and Coal Gasification Guru
      Tuesday December 6, 10:32 am ET

      VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 6, 2005--West Hawk Development Corp. (the "Company"), (TSX VENTURE:WHD - News; FWB:H5N) is pleased to announce that Wm. Mark Hart, PhD. MBA has agreed to join the company`s executive team as a Director and Chief Operating Officer. Dr. Hart has a PhD. in mining Engineering & Environmental Mgt, Colorado School of Mines - 1997; MS, Mine Engineering, West Virginia University -1994; MBA - Masters in Business Administration, University of Phoenix in Denver -1991; BS/BE/AS, Mechanical Engineering Technology, Mining Engineering Technology and Electrical Engineering Technology, respectively - Fairmont State University 1974,1986 & 1988.

      Dr. Hart`s 30 year experience in the Mining and Energy Business includes:

      Cyprus Amax Minerals Corporation/STD. Oil Minerals - Officer and President/CEO of Cyprus Australia, Profit and Loss responsibilities, "P&L", for 9 coal mines and 2 ports. Senior VP of 18 coal mining operations in the US - P&L responsibilities and VP of Engineering for 33 mines producing coal, copper, iron ore, molybdenum, talc, lithium and gold;

      Newmont Mining Company - Officer and VP with P&L responsibilities for Canadian Mining Operations, VP of worldwide Business Processes for Indonesia, Mexico, US, Peru, Bolivia, Canada, and Uzbekistan;

      NRG Energy Inc. - Officer and President of Europe, Latin America and the Middle East - P&L responsibilities for 34 power plants, over 50 million tons per annum of coal production and 2 Trading Companies with offices in London, Amsterdam, Prague, Istanbul, Zurich, Lapaz, Rio de Janeiro and Lima;

      Sarcoal Energy Inc. / Sardegna Energy S.p.A. - Officer, President and CEO, P&L for coal mining and Integrated Gasification and Combined Cycle (IGCC) power plant, Italy;

      Consolidation Coal Company (Consol Energy), Dr Hart started his career at Consol and worked at over 20 underground and surface coal mining operations.

      Dr. Hart`s credentials and experience in high volume underground longwall and open cut coal mining are the perfect fit for exploiting the flat lying stratigraphy of the anthracite coal seams that constitute the 980,000,000 ton speculative resource at the company`s flagship Groundhog Coal Fields Project, 240 km north of Smithers B.C.

      Dr. Hart has also agreed to accept the position of Director, President and CEO of Northern Clean Fuels Inc. "NCFI", a federally incorporated wholly owned subsidiary of West Hawk Development Corp. Initially, NCFI will focus on clean coal technology applications within British Columbia, starting with the present opportunities at West Hawk`s Australian Creek thermal coal project located 32 km`s south of Quesnel, B.C. where the company has commissioned EBA Engineering to complete a National Instrument 43-101 compliant report of the compiled historic drill hole data. EBA will engineer an initial 20-hole drill program designed to advance current inferred resources to the measured and indicated category while determining sufficient coal resource tonnages to supply the proposed Integrated Gasification Combined Cycle (IGCC) power plant and the fuel to liquids plant envisioned by Northern Clean Fuels Inc. The proposed power plant has an expected $800,000,000 Cdn. capital cost with a targeted +22% Internal Rate of Return and is designed to produce approximately 8600 barrels/day of zero sulphur "green" diesel fuel, 1600 bpd naphtha and 250 mega watts of green electric power per day for 30 years.

      Dr. Hart is considered an expert in Coal Mining and has considerable knowledge in Gasification Technologies having worked as a senior executive for NRG Energy, the second largest independent power producing company in the world at the time. He has since, overseen the feasibility study, mine plan, Front End Engineering and Design (FEED) for a 500 Mw IGCC Power Plant in Sardegna, Italy. Dr Hart has also been consulting on Clean Coal Technologies to some of the largest power utilities in the United States and Europe. Dr. Hart worked for American Electric Power Fuel Supply at 22 coal mining operations for AEP coal fired power plants across the U.S.

      "I am very excited to be working with the management team at both West Hawk and Northern Clean Fuels, who have done an outstanding job of identifying and acquiring significant coal resources proximal to infrastructure during a time when coal is making a resurgence via Clean Coal Technologies and rapidly becoming an acceptable and sustainable fuel to power our future energy needs" states Dr. Hart.

      "Having an accomplished mining executive of Mark Hart`s caliber join our company constitutes a watershed event defining the company`s evolution from a mineral exploration to a mine development company. Mark holds world production records for long wall coal mining efficiencies and coal production per man-hour units. He also holds two mining patents. His contacts in the global mining and power industries will provide the leverage needed to advance West Hawk`s ambitious plans" stated Michael Townsend West Hawk`s President.

      In addition, Christopher R. Verrico, the Company`s Executive Vice President, has agreed to take the position of Chief Executive Officer of West Hawk Development Corp. Michael D. Townsend will remain President and Chairman of the Board of Directors.

      The Company also announces that it has granted incentive stock options to its Directors and Officers for the purchase up to 650,000 common shares in the capital stock of the company, exercisable for a period of five years, at a price of $0.35 cents per share and an additional 400,000 options exercisable at a price of $0.55 per share for a period up to five years.

      About the Company - West Hawk is a mineral exploration and Development Company committed to building shareholder value through the development of its four Coal properties in Northern British Columbia.

      ON BEHALF OF THE BOARD OF DIRECTORS

      "Michael Townsend"
      President and Chairman of the Board


      This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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 future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company`s expectations are disclosed in the Company`s documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

      THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RE SPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. West Hawk Development Corp. (TSX VENTURE:WHD - News)


      Contact:

      West Hawk Development Corp.
      Michael Townsend
      President and Chairman of the Board
      (604) 669-9330 or Toll Free: 1 (866) 669-9377
      Fax: (604) 669-9335
      info@westhawkdevelopment.com
      www.westhawkdevelopment.com

      Source: West Hawk Development Corp.
      Avatar
      schrieb am 11.01.06 19:12:56
      Beitrag Nr. 3 ()
      Kurz zu den ausgegebenen Aktien:


      Share Structure:
      As of January 9, 2006
      ----------------------------------------------------------------

      Issued and Outstanding 34.2 Million

      Warrants 12.5 Million

      Options 5 Million

      Fully Diluted 51.7 Million
      Avatar
      schrieb am 11.01.06 20:27:31
      Beitrag Nr. 4 ()
      WHD.V 2:10pm 0.435 +0.04 +10.13% 0.435 + 0.44 229,000
      Avatar
      schrieb am 10.02.06 14:40:43
      Beitrag Nr. 5 ()
      Press Release Source: West Hawk Development Corp.

      West Hawk Updates Groundhog and Begins Drilling at Coal Creek
      Friday February 10, 12:05 am ET

      VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 10, 2006--West Hawk Development Corp. (TSX VENTURE:WHD - News; "West Hawk" the "Company") is pleased to announce the winter 2006 drill program has commenced at the Coal Creek Project in the Telkwa Basin of Northern British Columbia. The project consists of 900 hectares of Coal Licenses located at the confluence of the Zymoetz River and Coal Creek, 40 kilometers due West of Smithers, B.C.

      ADVERTISEMENT
      A ground supported 20-hole drilling program has commenced on the property with the current eight hole Phase One program completion expected by month`s end. Pending a successful conclusion from Phase One a follow up Phase Two program will be initiated encompassing a 12-hole drill program and baseline environmental studies. The environmental work will be directed by Ecos Environmental Services of Smithers. The project has a potential haulage corridor northbound from the project to an unused rail loading facility at the Carnaby sawmill site via a largely-existing logging road network.

      The most recent work on the property was done by Crows Nest Resources Ltd. from 1981 to 1985, consisting of trench sampling and 7 diamond drill holes. The program was designed to assess the coal quality and propose locations for two open pits. The data from these reports indicate up to six seams occur in the Lower Cretaceous Hazelton Group. The coal is high volatile bituminous A to B in rank with a free swelling index of 3. Volatile matter ranges from 32.2 to 37.2 per cent, fixed carbon from 53.3 to 55.3 per cent, ash from 3.54 to 11.45 per cent, sulphur from 0.38 to 0.53 per cent and BTU`s from 11,941 to 13,258 (1913). (Paper 986-5)

      At the Company`s flagship Groundhog project, where a 980 million tonne speculative and 48 million tonne inferred anthracite coal resource has been identified, a CDN$1.5 million 20 hole drilling program is being engineered, permitted and financed through a strategic partnership with the neighboring coal license holders in the aim to validate historical data and advance the coal resources into the Measured and Indicated categories for the Lower and Upper Discovery Seams. Mobilization, base camp construction and drilling is schedule to commence in late March 2006.

      The company has also granted incentive stock options to several of its consultants to purchase up to a total of 670,000 common shares in the capital stock of the company, exercisable for a period of two years, at a price of $0.50 cents per share.

      About the Company - West Hawk is a mineral exploration and development company committed to building shareholder value through the acquisition of 100% interests in highly perspective mineral properties.

      ON BEHALF OF THE BOARD OF DIRECTORS

      Michael Townsend, President and Chairman

      This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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 future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company`s expectations are disclosed in the Company`s documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

      The TSX Venture Exchange has not yet reviewed and does not take re sponsibility for the adequacy or accuracy of the content of this news release.

      West Hawk Development Corp. (TSX VENTURE:WHD - News; FRANKFURT:H5N - News)


      Contact:

      West Hawk Development Corp.
      Michael Townsend
      President and Chairman
      (604) 669-9330 or Toll Free: 1-866-669-9377
      Fax: (604) 669-9335
      info@westhawkdevelopment.com
      www.westhawkdevelopment.com

      Source: West Hawk Development Corp.

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      schrieb am 10.02.06 14:44:37
      Beitrag Nr. 6 ()
      Läuft ja nicht übel seit Mitte Januar :D

      ...und mit dieser Meldung von heute wirds wohl noch besser


      Kurs hier in D 0,44€ - in Kanada 0,56 Can-$
      Avatar
      schrieb am 11.02.06 18:13:38
      Beitrag Nr. 7 ()
      Ist demnächst auch beim Stock day
      http://www.stock-day.de/de/de.html
      Sie verstecken sich zumindest nicht. Könnte noch einiges an Potential haben!!!!
      Avatar
      schrieb am 20.02.06 10:06:23
      Beitrag Nr. 8 ()
      was macht diese Firme genau? :rolleyes:
      Avatar
      schrieb am 23.02.06 14:58:05
      Beitrag Nr. 9 ()
      strongest buy die neue dyesol und sunwin ist west hawk :cool::cool::cool:
      Avatar
      schrieb am 16.03.06 09:19:27
      Beitrag Nr. 10 ()
      Press Release Source: West Hawk Development Corp.

      West Hawk Announces New President, Groundhog Agreement Approved
      Thursday March 16, 3:05 am ET

      VANCOUVER, British Columbia--(BUSINESS WIRE)--March 16, 2006--West Hawk Development Corp. ("West Hawk") (TSX VENTURE:WHD - News; FWB:H5N) is pleased to announce that Dr. William Mark Hart, Chief Operating Officer, has agreed to accept the position of President. Dr. Hart brings 30 years of coal mining and power plant operating experience to the company including several senior executive positions with multinational mining and energy companies including Cyprus Amax Minerals Corp., Newmont Mining Company, NRG Energy Inc, Sarcoal Energy Inc., and Consolidated Coal/Consol Energy. Michael Townsend will retain the role of Executive Chairman and Corporate Secretary. Chris Verrico will remain Chief Executive Officer.

      ADVERTISEMENT
      In addition the company wishes to announce that it has entered into a formal letter of agreement with Anglo Pacific Group PLC ("Anglo Pacific") of London, England (LSE:APF - News; ASX:AGP - News) for the joint exploration and development of Anglo Pacific`s and West Hawk`s adjoining Upper and Lower Discovery coal licenses located at the Groundhog coal field in British Columbia, Canada. The formal agreement replaces the previously announced (January 11, 2006) memorandum of understanding.

      The companies have formed a joint operating company, Discovery Creek Development Company (DCDC), consisting of four board seats and a Chairman. Each company will have equal representation on the board of directors with the chairman`s role alternating on an annual basis. A phase one, 22 drill-hole development program has been approved by the boards of directors of both companies and is scheduled to begin in early April 2006.

      The program will consist of the mobilization and construction of a semi permanent camp to base an initial low-impact helicopter supported drill program designed to advance known inferred and speculative category coal resources to measured and indicated categories as well as ascertain coal quality, quantity and geotechnical data necessary to facilitate the preparation of a feasibility study.

      West Hawk has enlisted two veteran, professional mining engineering consultants to assist in the reserve estimation, mine design and economics for Groundhog. Dr. Andrew P. Schissler and Mr. Kenneth R. Server, who between them have been involved in the planning of over 90 coal, oil shale, and metal mining operations, internationally. Dr. Schissler worked in the mining industry for 27 years in technical and managerial positions before joining the faculty in Mining Engineering at Penn State University. Mr. Server has over 40 years of mine planning, design, and engineering experience as well as serving in a number of managerial positions with internationally recognized companies. Weir International, Inc., one of the world`s most respected mining engineering companies, will oversee the Groundhog reserve evaluation, mine planning and economic analysis. SGS, the world`s largest inspection testing and certification company of minerals/coal and trade commodities, will do the analyses.

      The seams on West Hawk`s Lower Discovery and Evans Creek properties alone comprise an inferred resource of 48,000,000 tonnes based on a few drill holes, having been outlined in a recently completed National Instrument 43-101 report produced by Don Wedman P.Eng. Additional resources are expected to be outlined by the exploration work on both Anglo Pacific`s Upper Discovery and West Hawk`s Lower Discovery Creek properties.

      Dr. Wm. Mark Hart, President of West Hawk, explains; "Some of the world`s highest carbon content coal lies within West Hawk`s billion tonne speculative resource at the Ground Hog." Dr. Hart is considered an expert in Coal Mining having graduated with a PhD from the Colorado School of Mines and West Virginia University in mining engineering, later establishing records for production, safety and efficiency.

      Anglo Pacific is a natural resources royalty company listed on both the London and Australian Stock Exchanges and currently receives royalty receipts from two coking coal mines in Queensland, Australia operated by Rio Tinto and BHP Billiton. In addition, Anglo Pacific has other private coal interests in the Groundhog district and also at Trefi in British Columbia. They also hold further private coal interests in Australia and maintain inter alia, substantial quoted equity stakes in a number of coal, uranium, gold and PGM mining projects in North America and Australia, including stakes in Cambrian Mining and Western Canadian Coal.

      West Hawk is also pleased to announce that it has entered into advanced discussions with major mining and leading "clean coal" technology operators around potential Joint Venture for the development of its various coal assets. Potentials include the export of premium anthracite coal products in concert with environmentally responsible mine mouth coal gasification.

      West Hawk is a mineral exploration and development company committed to building shareholder value through the development of its eight coal properties in Northern British Columbia and the Northwest Territories including plans to build an Integrated Gasification Combined Cycle (IGCC) electrical power plant, a coal-to-liquids (synthetic diesel fuels & naphtha) plant and a coal to pipeline quality synthetic natural gas plant.

      The information contained in this news release, has been reviewed, approved and deemed reliable by Michael Sandidge P Geo., the qualified person.

      ON BEHALF OF THE BOARD OF DIRECTORS

      Michael Townsend, Chairman of the Board

      This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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 future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company`s expectations are disclosed in the Company`s documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

      The TSX Venture Exchange has not yet reviewed and does not take re sponsibility for the adequacy or accuracy of the content of this news release.

      West Hawk Development Corp. (TSX VENTURE:WHD - News; FRANKFURT:H5N - News)


      Contact:

      West Hawk Development Corp.
      Michael Townsend
      Chairman of the Board
      (604) 669-9330 or Toll Free: 1-866-669-9377
      Fax: (604) 669-9335
      info@westhawkdevelopment.com
      www.westhawkdevelopment.com

      Source: West Hawk Development Corp.
      Avatar
      schrieb am 04.04.06 09:59:30
      Beitrag Nr. 11 ()
      Press Release Source: West Hawk Development Corp.

      West Hawk Adds New Strategic Resources to Coal Portfolio
      Tuesday April 4, 3:05 am ET

      VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 4, 2006 -- West Hawk Development Corp. (the "Company") (Vancouver:WHD.V - News)(FWB:H5N) is pleased to announce it has acquired an additional 3.3 billion tons of thermal coal resources contained within 245,519 acres of contiguous coal holdings known as the Fosheim Peninsula property on the east banks and the May Point property on the west banks of Eureka Sound in the West Central region of Ellesmere Island Nunavut Territories.


      The Coal Licenses cover areas examined between 1981 and 1983 where more than $2.25 million in exploration was performed on the Ellesmere and Axel Heiberg islands Eureka Sound Formations. Reports by Petro-Canada Exploration Inc. in general and specifically a 1982 report by E. Swanbergson for Gulf Canada Resources Inc. covering the Foshiem Peninsula and a 1982 report by P.S. Cowley for Utah Mines Ltd. covered the May Point holdings providing data on the resource potentials. 20 km's S.E. of the Eureka weather station the Fosheim Peninsula coal seams consist of Lignite, Sub Bituminous A to high volatile Bituminous and lower ranking metallurgical coals ranging from 1 to 10 meters in thickness. The areas covered by West Hawk Coal Licenses contained inferred resources of 3,318,480,000 tonnes (see cautionary note) within seams greater than 1 meter in thickness and within 200 meters of surface using a specific gravity of 1.3 and having a continuous length of over 15 km's. The tonnage estimate at May Point was not available but a 7m thick seam was traced for 16 km's paralleling the west shoreline of Eureka Sound. Both properties are adjacent to tide water where an ice free window will allow an 8-month shipping season.

      "We are particularly enthusiastic about the latest acquisition due to the coal deposits close proximity to tide water, opening the potential for mine mouth direct ship loading, alleviating the cost of rail transportation. This low cost production will make us price competitive in the global market for seaborne coal," stated company CEO Chris Verrico.

      With regards to the previously announced (March 2, 2006) N.W.T. coal licenses, a report has recently been made available "Coal Index for the District of Mackenzie, Northwest Territories" by B.D. Ricketts, open file 1115 report where historic speculative resources were summarized as follows; Tate Lake Lignite, Sub Bituminous A to high volatile Bituminous coals were estimated to have speculative resource of 1.61 billion tonnes. The area north of Tate Lake through Seagull Island north to include the Ft. Norman coal holdings contain a historic speculative resource of Lignite, Sub Bituminous A to high volatile Bituminous coals being 8.02 billion tonnes (see cautionary note). These estimates were based on the assumptions that seam thickness remains constant throughout the area.

      Details of the purchase agreement for a 100% interest in the previously described coal licenses are as follows. The Company will within five business days of TSX Venture Exchange approval pay $C25,000 and issue common shares of West Hawk Development Corp. on the following schedule: 200,000 shares within five business days of Exchange approval, 200,000 shares by August 15, 2006, 200,000 shares by February 15, 2007 and 200,000 shares by August 15, 2007. The agreement also stipulates a royalty of $C0.10 per ton. The agreement is not subject to any work commitments, is with an arms length vendor and is subject to a finder's fee in accordance with TSX Venture Exchange policies.

      Cautionary note

      The above information is historical in nature and is not to be relied upon. The historical resource does not use categories stipulated in National Instrument (NI) 43-101. The company advises that it has not done the work necessary to verify this classification of the mineral resource. The company is not treating the historical resource estimate as an NI 43-101-defined resource or reserve verified by a qualified person. The company is not aware of any more recent estimates or available data.

      The company is commissioning an independent review of all the historical data in order to ascertain an inferred mineral resource estimate compliant with the National Instrument 43-101 guidelines. This news release contains definitions ascribed by the Geological Survey of Canada Paper 88-21 "A standardized Coal Resource Reserve Reporting System for Canada". The information contained in this news release, has been reviewed, approved and deemed relevant by Michael Sandidge P Geo., the qualified person.

      The Company has also granted incentive stock options to directors, officers and consultants to purchase up to a total of 500,000 common shares in the capital stock of the Company, exercisable for a period of two years, at a price of $0.70 cents per share.

      About the Company - West Hawk is a mineral exploration and Development Company committed to building shareholder value through the acquisition of known Coal Resources in Western and Northern Canada.

      ON BEHALF OF THE BOARD OF DIRECTORS

      Michael Townsend, Chairman of the Board

      This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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 future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.



      The TSX Venture Exchange has not yet reviewed and does not take responsibility for the adequacy or accuracy of the content of this news release.


      Contact:

      Contacts:
      West Hawk Development Corp.
      Michael Townsend
      Chairman of the Board
      (604) 669-9330 or Toll Free: 1-866-669-9377
      (604) 669-9335 (FAX)
      Email Contact
      http://www.westhawkdevelopment.com


      Source: West Hawk Development Corp.


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      West Hawk Announces Joint Venture and Private Placement