Nighthawk Increases Proposed Private Placement to up to $8,000,000

Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX VENTURE:NHK) is pleased
to announce that it will be increasing the total size of its best efforts
private placement (the "Offering") previously announced on June 3, 2014 for
aggregate gross proceeds of up to $8,000,000. All other terms of the Offering
will remain as previously announced, including that the Offering is being led by
Primary Capital Inc.  


The Offering is for flow through units ("FT Units") at a price of $0.40 per FT
Unit and units ("Units") at a price of $0.40 per Unit for aggregate gross
proceeds of up to $8,000,000. Each FT Unit shall consist of one common share of
Nighthawk, which will qualify as a "flow-through share" within the meaning of
the Income Tax Act (Canada) and one-half of one common share purchase warrant
(each whole common share purchase warrant, a "Warrant"). Each Unit shall be
comprised of one common share and one-half of one Warrant. Each Warrant shall
entitle the holder thereof to acquire one common share of Nighthawk at a price
of $0.50 for a period of 18 months following the closing of the Offering.  


The Offering is scheduled to close on or about June 25, 2014 and is subject to
certain conditions including, but not limited to, the receipt of all necessary
approvals including the acceptance by the TSX Venture Exchange. 


Nighthawk Gold Corp. 

Nighthawk is a Canadian-based exploration company focused on acquiring and
developing gold mineral properties in the Northwest Territories, Canada. Its
land position covers 229,791 acres or 930 square kilometres in the Indin Lake
Gold Camp, located approximately 220 kilometres north of Yellowknife, Northwest
Territories. 


For more information about the Company, please visit www.nighthawkgold.com. 

Forward-Looking Information 

Certain information set forth in this news release may contain forward-looking
information that are based on the then current expectations, beliefs,
assumptions, estimates and forecasts about the Company's business and the
industry and markets in which it operates. Forward-looking information in this
press release includes statements with respect to the completion of the
Offering. Assumptions and factors underlying the Company's expectations
regarding forward-looking information contained herein include, among others:
that financing will be available if and when needed on reasonable terms; that
general business and economic conditions will not change in a material adverse
manner; that the Company's current exploration activities can be achieved and
that its other corporate activities will proceed as expected; and governmental
and other approvals required to conduct the Company's planned exploration
activities will be available on reasonable terms and in a timely manner. Readers
are cautioned that the assumptions used in the preparation of such
forward-looking information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance should not
be placed on forward-looking information. 


Forward-looking information also involves known and unknown risks and
uncertainties and other factors, which may cause actual events or results in
future periods to differ materially from any projections of future events or
results expressed or implied by such forward-looking information, including,
among others: risks related to the availability of financing on commercially
reasonable terms and the use of proceeds; changes in the market or potential
downturns in economic conditions; industry conditions; volatility of commodity
prices; risks associated with the uncertainty of exploration results and
estimates; currency fluctuations; dependency upon regulatory approvals; changes
in laws and regulations; and delays in obtaining governmental or other approvals
or financing. There can be no assurance that forward-looking information will
prove to be accurate, as actual results and future events could differ
materially from those anticipated, estimated or intended. This press release is
not, and is not to be construed in any way as, an offer to buy or sell
securities in the United States. The Company undertakes no obligation to update
or reissue forward-looking information as a result of new information or events
except as required by applicable securities laws. The reader is cautioned not to
place undue reliance on forward-looking information. 


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 news release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nighthawk Gold Corp.
David Wiley
President & CEO
[phone]
[phone] (FAX)
[e-mail]
www.nighthawkgold.com