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WEST HAWK DEVELOPMENT CORP.

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Detailed information on thousands of mining companies and mineral properties

TSX-V:WHD (CAD)  0.01 [0.00 (0.00%)] Nov 19 2009 - Close

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Type: Public
Classification: Track
Advanced or Above
Subscriber Access Required
8310 SOUTH VALLEY HIGHWAY, 3RD FLOOR
ENGLEWOOD
Colorado
USA, 80112
Phone: +1 303-524-1245
Toll Free: 1-866-669-9377
Fundamental Research Fundamental Research

Company Summary

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

Company News

Wednesday, September 09, 2009
West Hawk Development has released its audited annual financial results for the year ended April 30, 2009. Net loss for the year was $32.2 million, or $0.22 per share, resulting in an accumulated deficit of $65.2 million. These compare with a net loss of $4.7 million, or $0.07 per share for the prior year. The net loss includes a non-cash impairment of assets in the amount of $33.9 million. The impairment relates to a write-down of the Figure Four Natural Gas project. As of April 30, 2009, the company has a working capital deficit of $17.5 million. The company expects losses to continue through 2010.

News Releases

Tuesday, November 03, 2009
Thursday, October 22, 2009
Friday, September 11, 2009
Wednesday, September 09, 2009
Tuesday, September 01, 2009

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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