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Hawthorne Gold Corp. (HGC.V) and Cusac Gold Mines

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Montanore   Wednesday, 03/26/08 11:04:25 PM
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Hawthorne Gold Corp. (HGC.V) and Cusac Gold Mines Ltd. (CQC.TO, CUSIF.OB) announced that the Supreme Court of British Columbia has issued a final order approving the statutory plan of arrangement between Hawthorne and Cusac.

Under the terms of the Arrangement, shareholders of Cusac will receive one common share of Hawthorne in exchange for each nineteen Cusac common shares. In addition, for each two dollars of principal and interest owed to each Cusac convertible debentureholder, Hawthorne will issue one Hawthorne common share.

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