West Hawk Development Corp. ("West Hawk") (TSX VENTURE:WHD)(FRANKFURT:H5N) (the
"Company") is pleased to announce that Fuselier Holdings, LLC ("Fuselier") has
reached an agreement with an affiliate of Laurus Capital ("Laurus") to buy West
Hawk's remaining balance on its secured note in the original face amount of
US$1,875,000 payable to an affiliate of Laurus Master Fund, Ltd. Under the terms
of the agreement, Fuselier will obtain releases of all security interests that
have been filed, and free up all assets that had been pledged by West Hawk to
secure the original financing with Laurus.


Dr. Jean R. Fuselier, Sr, President & CEO of Fuselier Holdings LLC, stated: "We
are highly pleased to help West Hawk Development continue moving toward its
positive financial objectives and improving their company position within the
industry. This assignment enables West Hawk to realign themselves with the terms
of their current lease agreement, resulting in an improved confidence level with
the lessors and investors alike."


Under the terms of the agreement, the note will be transferred from Laurus to
Fuselier, and Laurus will no longer be a secured lender to the Company. In
consideration for future terms to be finalized between Fuselier and West Hawk,
Fuselier will release the Deed of Trust on the Company's Figure Four property,
release all security interests filed on the Canadian coal properties, and will
obtain a release on the pledge of West Hawk's ownership interest in West Hawk
Energy (USA), LLC, which holds the Figure Four Project.


"We are extremely pleased that Fuselier has stepped in to help West Hawk obtain
the release of the Deed of Trust on the Figure Four Project and free-up our coal
properties. This provides the Company the ability to continue development of the
Figure Four property, and the coal properties are now free and clear, which
removes an obstacle to develop these assets" stated Roger A. Baer, West Hawk's
CFO. "We also wish to thank Laurus for stepping in to finance the Company last
year when we needed them."


West Hawk's revenues from the Figure Four property will not be subject to future
principal and interest payments through the 80% net monthly cash flow sweep from
the Project that was imposed by the terms with Laurus. Fuselier has also bought
half of the 5% overriding royalty interest in the Figure Four project, which is
expected to be eliminated under new terms with West Hawk. The note with Laurus
carried interest at the WSJ prime plus 4%, subject to a minimum rate of 10% and
was to mature on August 22, 2008. The Company does not expect to proceed on any
additional debt financing on the Project with Laurus, and they will no longer
have a right of first refusal to participate in any future funding of the
Project.


Terms of a new agreement with Fuselier will be 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 Groundhog coal
property located in northwest British Columbia; the Tulita coal property in the
Northwest Territories; and the Ellesmere Island, Nunavut Territory coal
property.


Cautionary Note: This report 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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