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Message: West Hawk Grants Incentive Stock Options

West Hawk Grants Incentive Stock Options

posted on May 31, 2008 05:35AM
West Hawk Grants Incentive Stock Options

DENVER, COLORADO, May 31, 2008 (Marketwire via COMTEX News Network) --

West Hawk Development Corp. ("West Hawk") (TSX VENTURE:WHD)(FRANKFURT:H5N) (the "Company") announces that it has granted incentive stock options to its officers, directors, employees and consultants which allow the purchase of 7,000,000 common shares on or before May 29, 2010 at a price of $0.22 per share. These options have been granted pursuant to West Hawk's 2006 Stock Option Plan, which was approved by the Company's shareholders at its last Annual General Meeting. The exercise of these options remain subject to shareholder approval of an increase in the number of options that are allowed to be granted under the Plan. The Company will seek this approval at its next Annual General Meeting to be held in October 2008.

On behalf of the board of directors,

Dr. Wm. Mark Hart, President and Chief Executive Officer

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

SOURCE: West Hawk Development Corp.

West Hawk Development Corp. Dr. Wm. Mark Hart President and Chief Executive Officer (303) 524-1424 (303) 524-1285 (FAX) Website: www.westhawkdevelopment.com

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