Vancouver, British Columbia --(August 19, 2011) - Blackbird Energy Inc. (TSXV: BBI) ("Blackbird" or the"Company"), is pleased to announce the engagement of QIS Capital as the Company's investor relations consultant.
QIS Capital will serve to increase awareness of the Company in the investment community and will coordinate Blackbird's public and investor relations activities. QIS Capital will provide corporate information to Blackbird's investors and will also communicate the investment merits of the Company through its relationships with newsletter editors, brokers, media and analysts. As part of this investor relations agreement, Blackbird will also be presenting at The Small-Cap Conference to be held in Calgary on October 5, 2011 and in Vancouver on October 20, 2011.
The Investor Relations Agreement entered into between Blackbird and QIS Capital covers a period of twelve months commencing August 15, 2011 with a monthly fee of $1,500. In addition, the Company has also granted 300,000 incentive stock options to QIS Capital. Such options are exercisable at a price of $0.20 per share until August 19, 2013 and will vest in equal amounts every three months during the agreement term, in accordance with the policies of the TSX Venture Exchange.
QIS Capital and its principal shareholders do not currently hold any shares of Blackbird but may purchase shares in the Company from time to time for investment purposes.
The appointment of QIS Capital as the Company's investor relations consultant and the granting of the stock options remain subject to the approval of the TSX Venture Exchange.
About Blackbird
Blackbird's Bigstone Project is comprised of lands and licences covering a total of 4,480 acres, in Township 60, ranges 22 and 23W5 at Bigstone, Alberta. By completing the terms of the farm in agreement, Blackbird will earn 25 per cent of Donnybrook Energy Inc.'s interest in the Bigstone lands and in any future operations within an area of mutual interest.
Blackbird's wholly-owned subsidiary Blackbird Energy LLC ("Blackbird Energy") holds a 75% interest in 3,857 acres of leasehold land located in Gray County, Texas known locally as the "Mathers-Gordon Prospect". The Mathers-Gordon Prospect is a multi pay oil and gas prospect. Blackbird Energy is the operator of the prospect. In addition, Blackbird plans to actively look for further oil and gas properties for acquisition or potential joint ventures.
On behalf of the board of
BLACKBIRD ENERGY INC.
Per: "Garth Braun"
Garth Braun
Chief Executive Officer and Director
For further information contact:
Doren Quinton, President
QIS Capital Corp.
Ph: (250) 377-1182
Email: [email protected]
www.qiscapital.com
or
Dwane Brosseau
604.662.4955
[email protected]
THE TSX VENTURE EXCHANGE INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. 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