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Description:

History:

Hawk is a company engaged in the exploration, development and production of conventional crude oil and natural gas in western Canada and is based in Calgary, Alberta.

Hawk was incorporated on February 2, 2009 and commenced operations on February 26, 2009 with the closing of a private placement of 4.8 million Class A Shares raising proceeds of $1.2 Million. On June 11, 2009, Hawk closed its Initial Public Offering of 12,000 Units at a price of $1,000 per Unit for gross proceeds of $12,000,000. Each Unit is comprised of 400 Class A Shares at $0.25 per Share and 90 Class B Shares at $10.00 per Share, each of which will be issued as flow through shares.

On June 17, 2009, the Class A Shares and Class B Shares of Hawk began trading on the TSX Venture Exchange under the trading symbols HWK.A and HWK.B respectively.

On September 22, 2009, Hawk completed a bought deal private placement of 12,380,953 subscription receipts at $1.05 per subscription receipt for aggregate gross proceeds of $13 million.

On September 30, 2009, Hawk completed an acquisition of producing properties in the Provost area of Alberta for cash consideration of $13 million before closing adjustments and related costs. The acquisition was financed with the proceeds from the private placement completed on September 22, 2009. With the completion of the acquisition, the 12,380,953 subscription receipts were deemed to be exercised for an aggregate of 12,380,953 Class A Shares of the Hawk for no additional consideration.

As at March 31, 2012, Hawk had 34,480,953 Class A Shares and 1,080,000 Class B Shares issued and outstanding.

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