Blackhawk gets conditional OK to make COB investments Blackhawk Resource Corp (2) (C:BLR)
Shares Issued 22,179,706
Last Close 2/26/2014 $0.095
Monday March 03 2014 - News Release
Mr. Dave Antony reports
BLACKHAWK ANNOUNCES CORPORATE UPDATE
Blackhawk Resource Corp. has received TSX Venture Exchange Inc. conditional approval to become an investment issuer. The corporation will begin evaluating investment opportunities immediately with its primary focus being to seek returns through investments in the securities of other companies and other assets. Investments will now be made in accordance with the TSX Venture Exchange conditional approval.
The corporation has also granted options to acquire 300,000 common shares of the corporation to various directors and officers of the corporation. The options have an exercise price of 10 cents per common share and expire on that date that is five years from the date of grant. The corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the granting of the options.