TORONTO, ONTARIO--(Marketwire - Sept. 3, 2008) - Hawk Uranium Inc. (TSX VENTURE: HUI.V) (FRANKFURT: HPM.F) ("Hawk") has amended its agreement with Panagiotis (Peter) J. Kletas for the provision of corporate communications, planning and strategy consultation and financial public relations services. The previous agreement was announced in a press release dated November 12, 2007.
The new agreement, dated as of September 1, 2008, is between Hawk and Mr. Kletas' company, P.J. Kletas & Associates Inc. As in the previous agreement, Hawk has engaged P.J. Kletas & Associates Inc. for a term of 6 months for a monthly fee of $1,500 plus options to purchase 100,000 of Hawk's common shares. However, the exercise price of the options has been amended from $0.40 per share to $0.25 per share. The options will again have a term of two years, expiring on September 1, 2010. The options will vest in equal quarterly stages over 12 months. Hawk will also reimburse Mr. Kletas for his reasonable expenses. The term of the engagement may be extended for an additional 6 months. The amended agreement with Mr. Kletas and the amendments to Mr. Kletas' options are subject to approval by the TSX Venture Exchange. Hawk Uranium Inc. is a Canadian based junior mining company with a portfolio of diversified exploration projects at various stages of exploration and drilling, for Nickel/Copper/PGM in the 'Ring of Fire' McFauld's Lake Area of N. Ontario, Gold in N. Ontario, Uranium in N. Saskatchewan, Ontario and Quebec, and P&NG Leases in S.W. Ontario. More detailed information is available on the website at www.hawkuranium.com. Cautionary Statement: No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. The foregoing information may contain forward-looking statements relating to the future performance of Hawk Uranium Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from Hawk's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Hawk with the TSX Venture Exchange and securities regulators. Hawk does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.ContactsH. Vance WhiteHawk Uranium Inc.
President
(416) 214-2250 or Toll Free: 1-866-214-9486
(416) 367-1954 (FAX)
Corinna de Beer
Hawk Uranium Inc.
Investor Relations
(416) 792-0343
Email: ir@hawkuranium.com
Website: www.hawkuranium.com
Victoria Stepanova
Renmark Financial Communications Inc. - Toronto
(416) 644-2020
(416) 644-2021
Email: vstepanova@renmarkfinancial.com
Maurice Dagenais
Renmark Financial Communications Inc. - Montreal
(514) 939-3989
(514) 939-3717
Email: mdagenais@renmarkfinancial.com
Website: www.renmarkfinancial.com
