10/23/2009 (BAYSTREET NEWSWIRE)

Toronto, October 23, 2009 – Hawk Uranium Inc. (TSX-V:HUI, FRANKFURT:HPM) (“Hawk”) announces that it has applied to the TSX Venture Exchange (the “Exchange”) for approval to extend the term of issued and outstanding warrants exercisable for a total of 3,333,333 common shares at an exercise price of $0.50 per share (the “Warrants”). The Warrants were issued as part of a private placement that closed on November 5, 2007. Since issuance, none of the Warrants have been exercised and all of the Warrants are outstanding.

As originally issued, the Warrants had a term of two years, expiring on November 5, 2009. Hawk is proposing to extend the term of these Warrants for an additional three years, with the result that they would expire on November 4, 2012. The extension of the term of the Warrants, as proposed, is subject to the approval of the Exchange.

About Hawk Uranium Inc.

Hawk Uranium Inc. is a Canadian based junior mining company with a portfolio of diversified exploration projects at various stages of exploration and drilling, for Uranium in N. Saskatchewan, Ontario and Quebec, Gold in N. Ontario and Nickel/Copper/PGM in the ‘Ring of Fire’ McFauld’s Lake Area of N. Ontario.

More detailed information is available on the website at www.hawkuranium.com.

Cautionary Statement:

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 or accuracy of this release.   No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Hawk Uranium Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from Hawk's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Hawk with the TSX Venture Exchange and securities regulators. Hawk does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

Hawk Uranium Inc.

H. Vance White, Chairman

Phone:     416-214-2250

Fax:         416-367-1954

Robert S. Stewart, CEO

Phone:     480-778-8345

Corinna de Beer, Investor Relations

Phone:     416-792-0343

eMail:       ir@hawkuranium.com

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