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Redhawk Resources, Inc.

09:58 AM EST - Redhawk Resources, Inc. : Announced the completion of the Company's non-brokered private placement of 2,300,000 units of the Company at a price of $0.055 per Unit to raise total gross proceeds of $126,500. Each unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant is exercisable into one additional Share for a period of two years at a price of $0.075 per Share. Redhawk Resources, Inc. shares T.RDK are trading unchanged at $0.04.