Vancouver, British Columbia – TheNewswire – November 26, 2020 – Blackhawk Growth Corp. (CSE:BLR) (Frankfurt:0JJ) U.S. (OTC:BLRZF) (the “Company“), is pleased to announce that effective at the close of business on November 27, 2020 it will consolidate its common share capital on a one-new-for-twenty-five-old basis (the “Consolidation“). Effective at the opening of markets on November 30, 2020, the common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol “BLR”. The Company currently has 399,081,948 common shares outstanding. Following completion of the Consolidation, it is expected to have approximately 15,963,278 shares outstanding.
No fractional shares will be issued in connection with the Consolidation. Shareholders who would otherwise be entitled to receive a fraction of a common share will be rounded to the nearest whole number of common shares and no cash consideration will be paid in respect of fractional shares. Registered holders of common shares of the Company will receive a letter of transmittal from Odyssey Trust Company with instructions on how to exchange existing share certificates for new post-Consolidation share certificates.
For more information on Blackhawk, please visit our website at: https://www.blackhawkgrowth.com/
Frederick Pels, Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statement
All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws, including with respect to the future prospects of the business of the Company . The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.