Mr. Garth Braun reports

BLACKBIRD ENERGY INC. ANNOUNCES INCREASE TO FINANCINGS FROM $35.5 MILLION TO $37.4 MILLION

In connection with Blackbird Energy Inc.'s previously announced offering of special warrants and flow-through common shares on a bought-deal private-placement basis, Blackbird, and the syndicate of underwriters led by National Bank Financial Inc., and including Raymond James Ltd., Haywood Securities Inc., TD Securities Inc., Cormark Securities Inc. and Jennings Capital Inc., have agreed to increase the size of the offering to an aggregate of 15.9 million common shares to be issued on a flow-through basis in respect of Canadian exploration expenses at a price of 34 cents per flow-through share. The size of the previously announced offering of special warrants remains unchanged at 86,207,000 special warrants. Aggregate gross proceeds of the special warrants and flow-through shares will now be approximately $30.4-million.

Blackbird is also pleased to announce an increase to the previously announced non-brokered private placement of special warrants to 24,138,000 special warrants at a price of 29 cents per special warrant for gross proceeds of approximately $7.0-million.

The financings are scheduled to close on or about Oct. 15, 2014, and are subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and other securities regulator authorities as applicable.

We seek Safe Harbor.