| ||March 01, 2010|
Hawthorne Gold Announces Amendment to Share Puchase Warrants
| ||THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES|
Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX-V: HGC) announces that the TSX Venture Exchange has approved the amendment of 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 February 27, 2010 to August 27, 2010. 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 see the Company's news release dated February 27, 2009, a copy of which is 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.
For more information on Hawthorne, contact Todd Hanas toll free at 1-866-869-8072 or the Company at (604) 629-1505 or toll free at 1-888-629-1505, or you can visit Hawthorne's website at www.hawthornegold.com.
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.
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