Thursday, December 10, 2015


FOR IMMEDIATE RELEASE                                                                  DECEMBER 10, 2015

Media Contact:
Julie Calzone
(337) 235-2924

Company Contacts:
Daniel J. Schreiber, CEO
(858) 509-8800

G. Darcy Klug, CFO
(337) 269-5933


Youngsville, Louisiana– RedHawk Holdings Corp. (OTC: IDNG)  (“RedHawk” or the “Company”) announced today that Thomas J. Concannon will join the Company effective February 1, 2016 as its Executive Vice President and Chief Operating Officer. Upon joining RedHawk, Mr. Concannon will be appointed to become a member of the Company’s board of directors. Mr. Concannon has over 25 years of industry experience and has worked as a financial consultant in private industry since 2013.

Between 2010 and 2013, Mr. Concannon was the Senior Vice President and Secretary for Wolfpack Energy Services, LLC, a Texas-based provider of rental equipment and tubular services to the oil and gas industry. Between 2008 and 2010, he held a similar senior financial position with RedHawk Energy Corp., an oilfield services company owned by Beechwood Properties, LLC (“Beechwood”). Beechwood is the beneficial owner of approximately 38% of RedHawk’s common stock and is owned by G. Darcy Klug, the Company’s Chief Financial Officer.

Between 1996 and 2006, Mr. Concannon served as Vice President and Chief Financial Officer of Geokinetics Inc., a Nasdaq-listed provider of seismic acquisition and data processing services to the oil and natural gas industry. From 1992 to 1996, Mr. Concannon worked as a private financial consultant for various energy companies. Prior to 1992, Mr. Concannon served as President of NJR Energy, an oil and natural gas exploration company and as a director of its parent company, New Jersey Resources, a New York Stock Exchange Company. Prior to receiving his Juris Doctor degree from St. John’s University School of Law, Mr. Concannon earned his Bachelor of Science in Accounting from Manhattan College and was a member of the audit staff of PricewaterhouseCoopers.

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This release may contain forward-looking statements. Forward-looking statements are all statements other than statements of historical fact. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. The words “anticipate,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be,” “potential” and any similar expressions are intended to identify those assertions as forward-looking statements.

Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties. In evaluating forward-looking statements, you should consider the various factors which may cause actual results to differ materially from any forward-looking statements including those listed in the “Risk Factors” section of our latest 10-K report. Further, the Company may make changes to its business plans that could or will affect its results. Investors are cautioned that the Company will undertake no obligation to update any forward-looking statements.

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