New Issue: Hawthorne Gold concludes C$4.15 million placement of special warrants

By Devika Patel

Knoxville, Tenn., April 19 - Hawthorne Gold Corp. said it has completed a C$4.15 million non-brokered private placement of special warrants. The deal priced for C$5.87 million on Feb. 4 and was decreased to C$4.16 million on March 15.

The company sold 14,308,801 special warrants at C$0.29 apiece to China Mineral Holdings Ltd. The warrants are convertible into units of one common share and a half-share warrant, with each whole warrant exercisable at C$0.39 for 18 months.

Hawthorne Gold is a gold exploration and development company based in Vancouver, B.C.

Issuer:	Hawthorne Gold Corp.
Issue:	Special warrants
Amount:	C$4,149,552
Special warrants:	14,308,801
Price:	C$0.29
Warrants:	One half-share warrant per unit upon conversion
Warrant expiration:	18 months
Warrant strike price:	C$0.39
Agent:	Non-brokered
Investor:	China Mineral Holdings Ltd.
Pricing date:	Feb. 4
Decreased:	March 15
Settlement date:	April 19
Stock symbol:	TSX Venture: HGC
Stock price:	C$0.30 at close Feb. 4
Market capitalization:	C$14.7 million

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