Nighthawk Gold Corp. and Moneta Gold Inc. announced that they have entered into an arrangementagreement for an at-marketmerger whereby Moneta will acquire all of the issued and outstanding common shares of Nighthawk, in exchange for common shares of Moneta by way of a plan of arrangement (the ?Transaction?, with the resulting entity referred to ?MergeCo?). The Board of Directors of MergeCo will consist of seven (7) directors, comprised of four (4) nominees from Moneta and three (3) nominees from Nighthawk.

The key senior management team and directors will include: Josef Vejvoda ? Non-executive Chairman of the Board. Keyvan Salehi ?

President, CEO and Director.