Hawthorne Gold Announces Amendment to Share Puchase Warrants
VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Aug. 24, 2010) - Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX VENTURE: HGC) announces that the TSX Venture Exchange has approved the further amendment to the term of 9,825,831 outstanding share purchase warrants issued on February 27, 2009 (the "Warrants") by extending the expiry date by which the Warrants must be exercised from August 27, 2010 to August 27, 2011. A total of 10,385,831 Warrants were issued in connection with a brokered and non-brokered private placement which closed on February 27, 2009 (the "Offering") and 560,000 Warrants have previously been exercised. For further details on the Offering and the prior amendment to the term of the Warrants, see the Company's news releases dated February 27, 2009 and March 1, 2010 respectively, copies of which are available under the Company's SEDAR profile at www.sedar.com.
About Hawthorne Gold Corp.
Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located in British Columbia, Canada. Hawthorne is led by well-respected mining leaders Richard Barclay and Michael Beley. Hawthorne's goal is to become a junior gold producer by working towards production at Table Mountain and the continued resource development at the nearby Taurus deposit, as well as the Frasergold deposit in the Cariboo region of south central British Columbia.
ON BEHALF OF HAWTHORNE GOLD CORP.
Richard J. Barclay
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Hawthorne Gold Corp.
Robert Ferguson
1-866-869-8072
or
Hawthorne Gold Corp.
(604) 629-1505 or toll free at 1-888-629-1505
www.hawthornegold.com