HGLC | Hunt Gold Considers Serious Offer

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Company Confirms It Is Considering a Very Serious Offer Which Could Lead to a Takeover of the Company

Jul 31, 2008 10:00:00 AM

NEW YORK, NY -- (MARKET WIRE) -- 07/31/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirmed on July 29, 2008 that it has received a number of serious offers for the Company; which if successful, could lead to a buyout of the Company.

The Company can now confirm that it received, early this morning; a serious Takeover Offer for the Company.

The Board of Directors will seek external advise on this Offer and advise stockholders accordingly.

The Board is therefore now duty bound to enter into formal discussions with all of the various bidders for the Company.