| ||October 20, 2010|
Hawthorne Announces Issuance of Securities Pursuant to Special Warrants
| ||Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX-V: HGC, US: HWTHF) announces that the special warrants (the "Special Warrants") issued by the Company to China Mineral Holdings Limited ("CMH") on April 19, 2010 were exercised. Pursuant to the terms of the Special Warrants the Company issued CMH a total of 15,772,681 common shares in the capital of the Company (the "Shares") and share purchase warrants for the purchase of up to 7,169,400 Shares at an exercise price of $0.39 per Share on or before October 19, 2011. For further information on the Special Warrants see the Company's news release of April 19, 2010, a copy of which is available on SEDAR (www.sedar.com).|
About Hawthorne Gold Corp.
Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located 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 and the continued resource development at the nearby Taurus deposit.
For more information on Hawthorne, contact Robert Ferguson toll free at 1-888-629-1505 or the Company at (604) 629-1505, or you can visit Hawthorne's website at www.hawthornegold.com.
ON BEHALF OF HAWTHORNE GOLD CORP.
"Michael J. Beley"
Michael J. Beley
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.
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