June 6th

Reece\'s first Bakken well a success

Reece Energy Exploration Corp. (TSX-V/RXR) (\"Reece\") is pleased to announce that its first exploratory Bakken well has been successfully tested for oil. As previously announced, the well (50% net to Reece) penetrated the Bakken formation for the full lateral section, extending approximately 1,400 meters horizontally. Oil was detected in the majority of the samples and \"oil over the shaker\" was observed during drilling. The well has been tested over the past six days with satisfactory oil recovery without fracture treatment. Reece and its partner will evaluate the well in the coming weeks.

\"We are very pleased to have resource success in the first of our three exploratory Bakken areas. This success will help to prove up the 6,000 gross acres of Joint venture lands in the immediate area and bolsters our optimism for the our other two Bakken project areas,\" said Lorne Swalm the President and CEO of Reece. Read more: Reece Energy Exploration Corp ( RXR )

June 6th

PharmaGap establishes clinical development group to take drug to clinical trials

PharmaGap Inc. (TSX-V: GAP) (\"PharmaGap\" or \"the Company\") today announced the formation of a Clinical Development Group to direct and deliver the Company\'s clinical development of its PhG-alpha-1 compound for treatment of cancer. The Clinical Development Group has the mandate to execute the program required to generate the data needed for an Investigational New Drug (\"IND\") application to the U.S. Food and Drug Administration (\"FDA\") for PhG-alpha-1, for approval for use in humans. These studies, often referred to as IND enabling studies, build upon the compelling animal study data recently announced.

The Company is pleased that Dr. David Barnes, Dr. Douglas Cowart, and Dr. Gary Schwartz have each agreed to join the PharmaGap Clinical Development Group to take PhG-alpha-1 through the process required to gain approval to commence clinical trials in humans. Others will be named to the Group as specific elements of the program require. Read more: PharmaGap Inc ( GAP )

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June 6th

West Hawk Announces $10.65 Million Brokered Private Placement

West Hawk Development Corp. (TSX VENTURE:WHD)(FRANKFURT:H5N) (\"West Hawk\" or the \"Company\") is pleased to announce that it has entered into an agreement with Union-Securities Ltd. (the \"Agent\") to act as the Company\'s exclusive agent in connection with a private placement (the \"Offering\") of up to 15,000,000 flow-through common shares (the \"Flow-Through Shares\") and up to 18,000,000 non flow-through units (the \"Units\") for aggregate gross proceeds of up to $10,650,000.

The Flow-Through Shares will be issued at $0.35 per share. Each Unit will be issued at $0.30 per Unit, and consist of one non flow-through common share of the Company (a \"Unit Share\") and one-half of one common share purchase warrant (each whole warrant, a \"Warrant\"). Read more: West Hawk Development Corp ( WHD )