West Hawk Development Corp fka WHD

[futrcash]

This explains the recent SP action:


Source MARKET NEWS
Date 06/26/2008
Time 04:07:37 AM

Company West Hawk Development Corp.
Title Private Placement-Non-Brokered





CDNX Symbol: WHD











Press Release





Private Placement-Non-Brokered --->@NEWS RELEASE
WEST HAWK DEVELOPMENT CORP. ("WHD")
- Private Placement-Non-Brokered
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 28, 2008:

Number of Shares: 10,007,500 shares

Purchase Price: $0.20 per share

Warrants: 10,007,500 share purchase warrants to purchase
10,007,500 shares

Warrant Exercise Price: $0.40 for a two year period

If, following 4 months from closing, the average trading price of the
Company's shares trade equal to or greater than $0.60 the Company may give
notice in writing to the warrant-holders that the warrants will expire on
the date set out in the notice, which date will not be less than 10 days
after the date the notice is sent to the warrant-holders.

Number of Placees: 32 placees

Insider / Pro Group Participation:

Insider equals Y /
Name ProGroup equals P / # of Shares

Shaun Chin P 25,000
William Mark Hart Y 905,000

Finder's Fee: $400 payable to Union Securities Ltd.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close
promptly.

TSX-X
______________________________________
_______________________________________________

Capitalization Report for West Hawk Development Corp
Shares Issued: 88883609
Shares Escrow: 0

TSX Venture closing price for West Hawk Develop
Date: 2008/06/24
Closing Price: 0.410
____________________________________________________________
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