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Hawk Exploration Taps Macquarie to Advise Possible Sale

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Hawk Exploration Taps Macquarie  to Advise Possible Sale

Hawk Exploration Ltd. announces that its Board of Directors has determined that it is timely, prudent and in the best interests of shareholders to initiate a formal process to seek value maximizing proposals with a view to enhancing shareholder value which may result in a corporate sale or a material asset sale transaction.

The Board of Directors will work with management and the Corporation’s financial advisor to solicit, review and consider value maximizing proposals and ultimately determine whether any transaction is in the best interests of the Corporation and its shareholders. Macquarie Capital Markets Canada Ltd. has been engaged as exclusive financial advisor by the Board of Directors and will work with the Board of Directors in connection with this comprehensive review and…

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