West Hawk Development Corp fka WHD

[whalecatcher]

west hawk extends maturity date for fuselier loan agreement
October 10, 2008 – Denver, Colorado, USA: West Hawk Development Corp. (TSXV: WHD) (the “Company”) has agreed to further extend the maturity date of the $1.3 million bridge loan the Company advanced to Fuselier Holding, LLC on May 29, 2008, from September 30, 2008 to October 31, 2008.

In the event that the bridge loan is not repaid by October 31, 2008 the $1.684 million note (the “Replacement Note”) issued by West Hawk to Fuselier under the related debt settlement agreement announced September 9, 2008 will automatically terminate and neither West Hawk nor Fuselier will have any continuing obligations to each other under either the bridge loan or the Replacement Note.

On behalf of the Board of Directors,

“Wm. Mark Hart”

Wm. Mark Hart,
President and Chief Executive Officer

1-800-830-0988

THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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

Contacts
North America
West Hawk Development, 303-524-1424
Email: [e-mail]