Nighthawk Gold Corp. Announces Proposed Acquisition of Superior Copper Corporation

25 February 2016

Nighthawk Gold Corp. (TSX VENTURE:NHK) ("Nighthawk") and Superior Copper Corporation (TSX VENTURE:SPC) ("Superior") are pleased to announce that they have entered into a definitive agreement dated as of February 24, 2016 (the "Definitive Agreement") providing for the acquisition (the "Acquisition") by Nighthawk of Superior by way of a three?cornered amalgamation (the "Amalgamation"). Shareholders of Superior representing 21.1% of the common shares of Superior ("Superior Shares") issued and outstanding have entered into lock-up agreements with Nighthawk in support of the transaction. Nighthawk and Superior are both publicly listed companies on the TSX Venture Exchange ("TSXV"). Following the Acquisition, Nighthawk is expected to continue to trade on the TSXV and Superior will be delisted.