Blackhawk to resume at the open Feb. 24 Blackhawk Resource Corp (2) (C:BLR)
Shares Issued 22,179,706
Last Close 2/10/2014 $0.10
Friday February 21 2014 - Resume Trading
Effective at the open on Monday, Feb. 24, 2014, trading in Blackhawk Resource Corp.'s shares will resume.
Further to the company's news release dated Feb. 18, 2014, regarding its proposed change of business to an investment company, the company was granted a waiver from sponsorship requirements.
This resumption of trading does not constitute acceptance of the change of business, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The company is required to submit all of the required initial documentation relating to the change of business within 75 days of the issuance of the news release. If this documentation is not provided, or is insufficient, a trading halt may be reimposed.
Completion of the transaction is subject to a number of conditions, including but not limited to, exchange acceptance and shareholder approval. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. Should this occur, a trading halt may be reimposed.