Business
Blackhawk Growth Corp Non-Brokered Private Placement Offering
Blackhawk Growth Corp Non-Brokered Private Placement
About this update from Blackhawk Growth Corp.
[{"type":"text","content":"(via TheNewswire)\n\n\n \n\nVancouver, 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\").\n \n \n\n \n\nAll 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. \n\n \n\nThe 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. \n\n \n\nAbout Blackhawk Growth \n\n \n\nBlackhawk is an investment issuer looking to create substantial value for its shareholders through the acquisition and development of high growth companies. \n\n \n\nContactJustin Hanka. Chief Executive Officer61433140886 \n\n \n\nCautionary Note Regarding Forward-Looking StatementAll statements in this press release, other thanstatements 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 Compan...