Fuselier Holding, LLC, Richardson, Texas, announced today that it has completed the acquisition of West Hawk Development Corp.'s. (TSXV: WHD; Frankfurt: H5N) secured note from Laurus Master Fund, Ltd. for a purchase price equal to the outstanding principal balance of $1,299,705. Fuselier has been assigned all the rights, including security interests, from the Note together with 50 percent of its 5 percent overriding royalty interest in West Hawk's Figure Four Property.

West Hawk Development will repay the principal amount of the Note plus an acceleration fee of approximately $385,000 to Fuselier through the issuance of a convertible promissory note. In turn, Fuselier will release all security interests registered by Laurus against West Hawk's properties, including the Deed of Trust filed against the Figure Four natural gas property.

Dr. Jean R. Fuselier, Sr., President and CEO of Fuselier Holding, LLC, who negotiated the agreement, said that Fuselier "would like to thank Laurus for its cooperation." Dr. Fuselier stressed that this "removes the encumbrances from the Figure Four Project as well as opening doors for West Hawk to move forward with other ventures, including coal projects, and allows West Hawk to achieve positive financial objectives."

"West Hawk Development is now in a significantly improved financial position which should be encouraging for both lessors and its investors," Dr. Fuselier said. "We are pleased with the role Fuselier Holding, LLC, played in this turnaround."

About West Hawk Development: 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 located in the Northwest Territories; and the Ellesmere Island, Nunavut Territory coal property.

About Fuselier Holding, LLC: Fuselier Holding provides equity financing to publicly traded companies. By tailoring innovative, strategic financial solutions for each client, Fuselier implements an appropriate investment structure which allows the client to focus on its company fundamentals. Fuselier takes a synergistic approach which not only builds an ongoing relationship with their clients, but allows for overall growth and improvement in the company, the community, and the national economy. Visit http://www.fhhelp.com for more information.

Contact:

Lisa Price 972/713-9815

lisap@fhhelp.com

SOURCE Fuselier Holding, LLC

http://www.fhhelp.com/