West Hawk Announces Closings of Equity Financing Transactions

West Hawk Development Corp. ("West Hawk") (TSX VENTURE:WHD)(FRANKFURT:H5N) (the
"Company") is pleased to announce the closing of two previously announced
financing transactions.


The TSX Venture Exchange has accepted West Hawk's shares for debt proposal, as
announced on January 29, 2008, with certain of the Company's suppliers,
contractors and vendors in settlement of certain outstanding accounts payable
for goods and services provided to the Company, primarily on the Figure Four
Project. The Company has issued 9,115, 661 shares and 8,649,549 share purchase
warrants to settle outstanding debt for $1,823,132.22 with 23 creditors.
Included in the above, the Company settled obligations to certain directors and
officers for outstanding compensation and expenses of $93,222 by issuing 466,112
shares. All securities issued pursuant to the debt settlement are subject to a
hold period expiring June 26, 2008.


The Company has also issued 4,705,000 units (the "Units"), at a price of $0.20
per Unit for gross proceeds of $941,000 in the first tranche of the private
placement announced on February 8, 2008. Each Unit consists of one common share
of the Company (a "Share") and one common share purchase warrant (a "Warrant").
Each Warrant is exercisable into one additional Share for a period of 24 months
following the closing at an exercise price of $0.40 per share. The Warrants will
be subject to early expiry if, following the date that is four months following
the closing, the daily volume-weighted average trading price of the Company's
common shares on the TSX Venture Exchange over a period of 10 consecutive
trading days is equal to or greater than $0.60. All of the securities issued are
subject to a hold period until August 3rd, 2008. The proceeds raised will be
used by the Company to complete Well 4 and for general working capital purposes.


Finder's Fees of $28,400 in cash and 30,000 broker warrants were issued to
various parties for introducing investors to the Company. Each broker warrant
entitles the holder to purchase one common share at a price of $0.265 for a
period of 12 months. 


On behalf of the Board of Directors,

Dr. Wm. Mark Hart, President and Chief Executive Officer

About the Company: West Hawk Development Corp. is focused on providing valuable,
high-demand clean energy products from a variety of sources. Assets include the
Figure Four natural gas property located in the Piceance Basin, Colorado, being
developed under a drilling and development agreement; the Groundhog coal
property located in northwest British Columbia; the Tulita coal property in the
Northwest Territories; and the Ellesmere Island, Nunavut Territory coal
property.