Hunt Gold Corporation (PINKSHEETS: HGLC) CEO Mike Saner wishes to clarify a number of issues raised by stockholders. 1. The Private Equity Group bidding for the Company now holds an amount of 93,150,103,500 shares of the Company's stock amounting to 31.7% of the Company's Common Stock.

Hunt Gold Corporation (PINKSHEETS: HGLC) can confirmed on August 8, 2008 that the Private Equity Group had increased its bid price from US$0.025 per share to that US$0.03 per share; in order to obtain control of the Company.

Hunt Gold Corporation (PINKSHEETS: HGLC) can confirm that the Private Equity Group has increased its bid price from US$0.025 per share to that US$0.03 per share, in order to obtain control of the Company.

Hunt Gold Corporation (PINKSHEETS: HGLC) can confirm that the Private Equity Group intends to increase its bid price in order to obtain control of the Company.