Blackhawk Resource Corp
SymbolBLR
Shares Issued37,727,671
Close 2009-11-26C$ 0.135
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Blackhawk Resource to sell Brazilian subsidiary

2009-11-27 08:36 ET - News Release

Mr. Hillar Lilles reports

BLACKHAWK RESOURCE CORP. ANNOUNCES SALE OF BRAZILIAN SUBSIDIARY

Blackhawk Resource Corp. has signed a purchase and sale agreement to dispose of all of the issued and outstanding securities of RMC Exploracao Petrolifera Ltda. RMC is a subsidiary of the corporation and holds the corporation's exploration blocks in Brazil. RMC has expended approximately $460,000 on the acquisition and evaluation of the Brazilian properties. With the recent change of management and the board of directors of the corporation, it was determined that the corporation would focus on resource opportunities in Western Canada.

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