Atikwa Announces Definitive Agreement for Hansar Acquisition and Successful Outcome of Shareholders Meeting

Atikwa Resources Inc. (TSX VENTURE:ATK) ("Atikwa" or the "Company") is pleased
to announce that it has completed its ongoing negotiations with Hansar Energy
Corp. ("Hansar") regarding the terms of the Company's acquisition of all of the
issued and outstanding equity interests of Hansar, previously announced by news
release dated August 22, 2013. On August 29th, the Company and its wholly-owned
subsidiary entered into a definitive amalgamation agreement with Hansar (the
"Amalgamation Agreement"), which will effectively combine the assets and
operations of Atikwa and Hansar. The acquisition of Hansar contemplated under
the Amalgamation Agreement is subject to a number of conditions, including all
necessary regulatory and Hansar securityholder approvals. Provided all
conditions are satisfied, the former securityholders of Hansar will receive
common shares and/or warrants of Atikwa (approximately 67.27 million Atikwa
common shares and approximately 3.02 million Atikwa common share purchase
warrants, in aggregate) in exchange for their Hansar securities, based upon a
deemed value of $0.05 per Atikwa common share. Sean Kehoe, outgoing President
and CEO of Atikwa, stated: "The signing of the Amalgamation Agreement with
Hansar represents the culmination of many months of hard work by our management
team after the Hansar assets and the team associated with those assets were
introduced to us during the strategic review process undertaken by the Company
beginning in October 2012. I am confident the Hansar acquisition will create
significant added value for Atikwa's shareholders, due to the high quality and
complementary nature of Hansar's asset base." 


In addition, the Company is pleased to announce that the shareholders of Atikwa
duly elected, as directors, all four of the nominees proposed by management at
the Company's annual and special meeting of shareholders held in Calgary on
Friday, August 30th. As a result, the new directors of Atikwa are: Paul Baay,
Lindsey Mitchell, Trevor Mitzel and Andrew Watts. The new board of directors and
management team (led by Andrew Watts, future President and CEO) will be working
with the former management of Atikwa to ensure a smooth transition in the
business and affairs of the Company.


Neither the 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 FURTHER INFORMATION PLEASE CONTACT: 
Atikwa Resources Inc.
Andrew Watts
403-233-6092