Blackhawk Growth Corp Non-Brokered Private Placement Offering
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Vancouver, British Columbia – TheNewswire - March 24, 2025 – Blackhawk Growth Corp. (CSE:BLR; Frankfurt:0JJ) (the “Company” or “Blackhawk”), is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 28,000,000 shares at $0.018 per share for gross proceeds of up to $504,000 (the "Offering").
All securities issued under the Offering are subject to a four-month and one day statutory hold period. The net proceeds from the sale of the shares will be used to fund general working capital. Finder's fees may be payable to qualified individuals (the "Finder") pursuant to which the Finder may receive a finder fee equal to up to 8% of the gross proceeds received by the Company from purchasers under the Offering who were introduced to the Company.
The Company is also pleased to announce that Shape Capital has agreed to convert $500,000 of the outstanding loan at $0.05 by issuing 10,000,000 shares. The conversion reduces the debt by 22% and further strengthen Blackhawk’s balance sheet.
About Blackhawk Growth
Blackhawk is an investment issuer looking to create substantial value for its shareholders through the acquisition and development of high growth companies.
Contact
Justin Hanka. Chief Executive Officer
61433140886
Cautionary Note Regarding Forward-Looking Statement
All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.