04:54:30 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Blackbird Energy Inc
Symbol BBI
Shares Issued 550,407,675
Close 2016-10-27 C$ 0.47
Market Cap C$ 258,691,607
Recent Sedar Documents

Blackbird closes private placement for $8-million

2016-10-27 19:32 ET - News Release

Mr. Garth Braun reports

BLACKBIRD ENERGY INC. ANNOUNCES CLOSING OF CEE PRIVATE PLACEMENT FOR PROCEEDS OF $8.0 MILLION

Blackbird Energy Inc. has closed the previously announced non-brokered private placement of 16.5 million flow-through common shares pursuant to the Income Tax Act (Canada) in respect of Canadian exploration expenses (CEE) at a price of 48.5 cents per share for proceeds of $8,002,500.

The proceeds from the CEE private placement will be used by the company to incur eligible CEE with respect to its previously announced strategic accelerated business plan. The shares are subject to a hold period ending Feb. 28, 2017.

We seek Safe Harbor.

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