2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: GOLD HAWK RESOURCES INC. TSX VENTURE SYMBOL: CGK JANUARY 8, 2004 - 10:16 ET Gold Hawk Announces $2 Million Private Placement MONTREAL, QUEBEC--Gold Hawk Resources Inc. (TSX Venture: CGK) announces a proposed private placement under which it will issue up to 8,000,000 common shares to investors in Ontario, Alberta, British Columbia and outside Canada at a price of $0.25 per share, for maximum gross proceeds to Gold Hawk of $2 million. The closing of the private placement is expected to take place on or about January 29, 2004. Each of the shares will be accompanied by a common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of $0.35 per share for a period of 18 months. Gold Hawk will use the net proceeds from the private placement for exploration work on its Machacala gold-silver property in Peru, property acquisitions and working capital. The common shares and warrants issued under the private placement will be subject to a four-month hold period. The private placement is subject to regulatory approval. Gold Hawk is a precious metal exploration and development company with a corporate strategy to grow into a significant gold and precious metal producer by developing its existing assets, the Machacala gold-silver property in Peru and the Barry-Souart gold property in Quebec, and by acquiring advance-stage gold projects and/or producing mines. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the United States Securities Act of 1933 and applicable state securities laws or an exemption from such registration is available. NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMMINATION IN THE UNITED STATES -30-FOR FURTHER INFORMATION PLEASE CONTACT:
Gold Hawk Resources Inc.
Mr. Gordon F. Bub
President and C.E.O.
(905) 773-8679 (FAX)
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press