News Release

Hawk Exploration Ltd. To Trade On TSX Venture Exchange

June 16, 2009

HAWK EXPLORATION LTD. ("HWK.A") ("HWK.B")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: June 16, 2009
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated May 28, 2009, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, British Columbia, Saskatchewan, and Ontario Securities Commissions on May 28, 2009 pursuant to the provisions of the Alberta, British Columbia, Saskatchewan, and Ontario Securities Acts.

The gross proceeds received by the Company for the Offering were $12,000,000 (12,000 units) at a price of $1,000 per unit). Each unit consists of 400 flow-through Class A shares at a price of $0.25 per share and 90 flow-through Class B shares at a price of $10.00 per share.

The Company is classified as an 'oil and gas exploration, development and production' company.

Commencement Date: At the opening on Wednesday, June 17, 2009, the Class A shares and the Class B shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Alberta

Capitalization: Unlimited Class A shares with no par value and
Unlimited Class B Shares with no par value of which
9,600,000 Class A shares are issued and outstanding
1,080,000 Class B shares are issued and outstanding

Escrowed Shares: 3,930,000 Class A shares

Transfer Agent: Olympia Trust Company

Trading Symbol: HWK.A (Class A Shares)
HWK.B (Class B Shares)

CUSIP Number: 42009P 10 7 (Class A Shares)
42009P 20 6 (Class B Shares)

Sponsoring Members: Tristone Capital Inc.
Haywood Securities Inc.
National Bank Financial Inc.

For further information, please refer to the Company's Prospectus dated May 28, 2009.

Company Contact: Stephen Fitzmaurice, President and CEO
Company Address: Suite 1320, 396-11th Ave. SW, Calgary, Alberta T2R 0C5

Company Phone Number: (403) 264-0191
Company Fax Number: (403) 263-9076


Page Last Updated: June 17, 2009