13:06:28 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Blackbird Energy Inc
Symbol BBI
Shares Issued 208,089,862
Close 2014-11-12 C$ 0.405
Market Cap C$ 84,276,394
Recent Sedar Documents

Blackbird Energy arranges $5-million private placement

2014-11-13 16:06 ET - News Release

Mr. Garth Braun reports

BLACKBIRD ENERGY ANNOUNCES PRIVATE PLACEMENT OF $5 MILLION OF FLOW-THROUGH SHARES

Blackbird Energy Inc. has arranged a non-brokered private placement of 11,111,200 common shares in the capital of the company to be issued on a flow-through basis pursuant to the Income Tax Act (Canada) in respect of Canadian exploration expenses (CEE) at a price of 45 cents per share for gross proceeds of $5,000,040.

The available proceeds from the private placement will be used by the company to incur eligible CEE. The completion of the private placement is subject to the company receiving all necessary regulatory approvals, including approval from the TSX Venture Exchange. The company may pay finders' fees consisting of cash and/or common shares pursuant to the closing of the private placement.

We seek Safe Harbor.

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