| ||April 02, 2009|
Hawthorne Grants Incentive Stock Options
| ||Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX-V: HGC; US: HWTHF) announces that it has granted incentive stock options to directors, officers, employees and consultants of the Company to purchase up to 3,100,000 common shares in the capital stock of the Company pursuant to a Share Option Plan approved by shareholders. The options are exercisable at a price of $0.40 per share, have a term of up to five years and are subject to vesting restrictions over a period of twelve months from the date of grant.|
Included in the grant are 100,000 options granted to Freeform Communications Inc., 100,000 options granted to Todd Hanas and 100,000 options granted to Grandich Publications LLC who perform investor relations services for the Company.
About Hawthorne Gold Corp.
Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties in British Columbia, Canada. Hawthorne is led by well-respected mining leaders Richard Barclay and Michael Beley. Hawthorne's goal is to become a junior gold producer by working towards production at Table Mountain in the latter part of 2009 and to continue resource development at the nearby Taurus deposit, as well as the Frasergold deposit in the south central British Columbia Cariboo region.
For more information on Hawthorne, contact Todd Hanas toll free at 1-866-869-8072 or the Company at (604) 629-1505 or toll free at 1-888-629-1505, or you can visit Hawthorne's website at www.hawthornegold.com.
ON BEHALF OF HAWTHORNE GOLD CORP.
"Richard J. Barclay"
President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
You can view the Next News Releases item: Wed Apr 29, 2009, Hawthorne Adopts Shareholder Rights Plan
You can view the Previous News Releases item: Thu Mar 19, 2009, Hawthorne Gold Updates Taurus Mineral Resource Estimate
You can return to the main News Releases page, or press the Back button on your browser.