SNU Sanu Resources Ltd Com Npv

Canadian Gold Hunter Corp. (TSX:CGH) ("Canadian Gold Hunter") and Sanu Resources
Ltd. (TSX VENTURE:SNU) ("Sanu") are pleased to report that the previously
announced business combination between the two companies has closed.


Sanu shareholders approved the business combination at a special meeting held on
August 17, 2009, and the transaction has received all the requisite regulatory
and court approvals. Sanu is now a wholly-owned subsidiary of Canadian Gold
Hunter. Sanu's common shares are expected to be delisted from the TSX Venture
Exchange shortly hereafter.


Pursuant to the Arrangement Agreement, Canadian Gold Hunter acquired all of the
issued and outstanding shares of Sanu on the basis of 0.5725 shares of Canadian
Gold Hunter for each one Sanu share (the "Exchange Ratio"). All outstanding Sanu
options and warrants have been exchanged for replacement options and replacement
warrants of Canadian Gold Hunter based on the Exchange Ratio.


Dr. Wojtek Wodzicki, President and CEO of Canadian Gold Hunter, commented, "This
transaction represents a pooling of the expertise of two well-regarded
exploration companies and its resulting globally diversified portfolio provides
a platform for entry into all major regions. The combined entity will move
forward as a more powerful and relevant company with a significantly enhanced
profile in the market place. We are excited about the opportunities ahead of us
and look forward to much success and growth in the years to come."


In connection with the business combination, Dundee Securities Corporation
provided financial advice and a fairness opinion to the special committee of the
Board of Directors of Sanu.


Canadian Gold Hunter is also pleased to announce the appointment of Mr. Michael
Winn to the Company's Board of Directors.


Mr. Winn served as a director of Sanu from March 2004, until the closing of the
Company's business combination with Sanu on August 20, 2009. Mr. Winn is
currently President of Terrasearch Inc., a consulting company that provides
investment analysis and financial services to companies operating in the oil &
gas mining, and energy sectors. Prior to forming his company in 1997, Mr. Winn
spent four years as an analyst for a Southern California based brokerage firm
where he was responsible for the evaluation of emerging oil and gas and mining
companies. Mr. Winn has worked in the oil and gas industry since 1983 and the
mining industry since 1992, and is also a director of several companies
operating in Canada, Latin America, Europe and Africa. Mr. Winn has completed
graduate course work in accounting and finance and received a B.S. in geology
from the University of Southern California.


Dr. Wodzicki commented, "We are very pleased to have Michael join Canadian Gold
Hunter's Board. He brings a wealth of financial and industry expertise to the
Board."


Brian Bayley, Richard Clark and Neil O'Brien have resigned from the Board of
Directors of Sanu to adjust for Sanu's Canadian Gold Hunter subsidiary status.


About Canadian Gold Hunter

Canadian Gold Hunter Corp. is an international, multi-commodity exploration
company with a large portfolio of gold/copper projects in Canada, Mexico and
several countries in South America and Africa. Projects range from grass-roots
to advanced resource-definition stage.


ON BEHALF OF THE BOARD

Wojtek Wodzicki, President and CEO

Forward-Looking Statements

This news release contains certain forward-looking statements relating to
Canadian Gold Hunter and Sanu that includes risks and uncertainties. All
statements, other than statements of historical fact, are forward-looking
statements. When used in this news release, the words "anticipate", "will",
"believe", "estimate", "expect", "target", "plan", "may" and similar
expressions, identify forward-looking statements with respect to events that
"may" or "will" occur. Forward-looking statements are necessarily based upon a
number of assumptions and current expectations that, while considered reasonable
by Canadian Gold Hunter and Sanu as at the date on which they were made, are
inherently subject to significant uncertainties and risks. Many factors, both
known and unknown, could cause the actual results, performance or achievements
to differ materially from those expressed or implied by such forward-looking
statements. Assumptions upon which such forward-looking statements are based
include that the transaction will be completed, that all required third party
regulatory, governmental and shareholder approvals for the transaction will be
obtained and all other conditions to completion of the transaction will be
satisfied or waived. Many of these assumptions are based on factors and events
that are not within the control of Canadian Gold Hunter or Sanu and there is no
assurance they will prove to be correct. Although Canadian Gold Hunter and Sanu
have attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results not
to be anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Canadian Gold Hunter and Sanu undertake no obligation to update forward-looking
statements if circumstances or management's estimates or opinions should change
except as required by applicable securities laws. The reader is cautioned not to
place undue reliance on forward-looking statements. Other risks are set forth in
the annual information form of Canadian Gold Hunter.

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