CALGARY, ALBERTA–(Marketwired – Dec. 23, 2015) – Hawk Exploration Ltd. (“Hawk” or the “Corporation”) (TSX VENTURE:HWK.A) is pleased to announce the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016. The Corporation’s amended credit facility now consists of a $7 million revolving demand facility and a $4 million term loan facility with repayment of the $4 million term loan facility required by May 31, 2016. The $7 million revolving demand facility has an interim review date of January 29, 2016.
Hawk is an emerging exploration company engaged in the exploration, development and production of conventional crude oil and natural gas in western Canada and is based in Calgary, Alberta. The Class A Shares of Hawk trade on the TSX Venture Exchange under the trading symbol of HWK.A.