Black Birch Capital Acquisition III Corp. and Daymak Inc. Terminate Transaction

Toronto, Ontario--(Newsfile Corp. - February 2, 2015) - Black Birch Capital Acquisition III Corp. (TSXV: BBC.P) ("Black Birch" or the "Company") and Daymak Inc. ("Daymak"), announce that they will not be moving forward with their planned merger and Qualifying Transaction as a result of not raising the minimum financing required under the terms of their agreement.

For further information regarding this press release please contact:

Black Birch Capital Acquisition III Corp.

Paul Haber, Chief Executive Officer, Chief Financial Officer and Corporate Secretary

Telephone: 416-318-6501
Facsimile: 416-915-4265
Email: phaber@blackbirchcap.com

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) has neither approved nor disapproved of the contents of this release.