Black Birch Capital Acquisition III Corp. Announces Suspension from Trading

Toronto, Ontario--(Newsfile Corp. - July 27, 2015) - Black Birch Capital Acquisition III Corp. (TSXV: BBC.P) (the "Company") announced that it has received a notice from the TSX Venture Exchange advising that since the Company has not completed a Qualifying Transaction, the TSX Venture Exchange will immediately proceed to halt the Company's securities and effective July 27, 2015, the Company's securities are suspended from trading. At the same time the Company has been placed on notice to delist and the Company has 90 days to respond.

The Company is continuing to pursue and review other businesses and assets with a view to completing a Qualifying Transaction and remaining listed on the TSX Venture Exchange.

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 Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.