Global Hunter Announces $2,000,000 Private Placement

Global Hunter Corp. (the "Company") (TSX VENTURE:BOB) is pleased to announce
that it has arranged a non-brokered private placement consisting of up to
40,000,000 units to be issued at the price of $0.05 per unit for gross proceeds
of up to $2,000,000. Each unit will be comprised of one common share and
one-half of one transferable share purchase warrant. One whole warrant will
entitle the holder to purchase one common share for a period of one year at the
price of $0.10.


Completion of the offering is subject to TSX Venture Exchange acceptance. The
Company will pay finders' fees in cash and/or securities in connection with the
offering, in accordance with Exchange Policy. All securities issued pursuant to
the offering will be subject to a four-month hold period from the closing date.
The proceeds from the offering will be used to finance exploration activities on
the Company's Corona de Cobre copper project in Chile and for general corporate
expenses.


On behalf of the Board of Directors, 

Rudy Brauer, Director, Global Hunter Corp.

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements.