Blackhawk Growth Raises $2.5 Million in Private Placement Vancouver, British Columbia - TheNewswire – March 31, 2021 – Blackhawk Growth Corp. (CSE:BLR) (CNSX:BLR.CN) (Frankfurt:0JJ) (OTC:BLRZF:) (the “Company”) is pleased to announce that it has completed its offering of 5,000,000 units (each, a “Unit”). The Units were offered by way of non-brokered private placement, at a price of $0.50 per Unit, for gross proceeds of $2,500,000. Each “Unit” is comprised of one common share, and one common share purchase warrant (each, a “Warrant”) exercisable to acquire an additional common share at a price of $0.60 until March 31, 2023.
The Company anticipates the gross proceeds from the offering will be used for general working capital purposes.
In connection with completion of the offering, the Company paid finders’ fees of $77,485 and issued 154,970 Warrants to certain arms-length parties who introduce subscribers to the offering. All securities issued in connection with completion of the offering are subject to a four-month-and-day statutory hold period, in accordance with applicable securities laws, until August 1, 2021.
About Blackhawk Growth
Blackhawk Growth is an investment issuer looking to create substantial value for our shareholders through the acquisition and development of high growth opportunities. The company has focused its investments in the health, cannabis and CBD industries in both Canada and the United States. Its portfolio of companies includes Sac Pharma, LeichtMind Clinics, Noble Hemp, Spaced Food and NuWave Foods.
The Company diligently posts updates through videos from the official company YouTube channel https://www.youtube.com/channel/UCs4f2tt3yAvOGhNLjgNOy-A
Please join the conversation on our Blackhawk group supporter’s telegram group at https://t.me/Blackhawkgrowthcorp and visit us online at
https://www.blackhawkgrowth.com/
For further information please contact:
Frederick Pels, Chief Executive Officer
(403)-991-7737
fred@blackhawkgrowth.com