March 3 (Reuters) - Hawk Exploration Ltd HWKa.V :
* Announces updated bank credit facility and g&a reductions
* Says $4 million term demand loan facility has been extended from may 31, 2016
to June 30, 2016
* Co's amended credit facility consists of a $7 million revolving demand
facility and a $4 million term demand loan facility
* Says implemented salary reductions for all members of management of Hawk
effective January 1, 2016
* Says corporation's total salary levels for 2016 to be reduced by 50 percent
compared to 2015
* Source text for Eikon ID:nMKW8MbWNa
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