(TheNewswire)
Vancouver, British Columbia – TheNewswire - June 06, 2022 –Blackhawk Growth Corp. (the “Company”) (CSE:BLR ) (OTC:BLRZF) ( Frankfurt:0JJ) is pleased to announce the appointment ofinvestment banker Justin Hanka as Director and Chairman of the Boardof Directors to help execute corporate transactions in Blackhawk.
Mr Hanka has over 25 years of corporate transactionexperience including cross border M&A, capital raising and equitycapital markets in Australia and North America. Justin brings a wealthof sector expertise in insurance and financial services, ecommerce,fintech, health, pharma and medtech. Mr Hanka currently serves asNon-Executive Director of EonX, (CSE: EONX), a financial technologycompany and Goldcar Rental Australia & NZ, a Europcar company(PAR:EUCAR). Mr. Hanka is also the Co-founder and Executive Directorof Blackhawk’s wholly-owned subsidiary, MindBio Therapeutics(“MindBio”).
Previously Mr Hanka was Chief Operating Officer ofiSelect (ASX:ISU) where he was instrumental in creating the commercialrelationships and operational structures to drive the company’srevenue growth from zero to $100m+ in just a few years. Hepreviously served as Chief Executive Officer of HelpMeChoose which wasacquired by ASX listed Mortgage Choice, subsequently acquired by thelargest online realestate company in Australia, REA Group Limited(ASX:REA), with a market capitalization of $15B.
As Chairman and Director of Blackhawk, Mr. Hanka willdrive several strategic initiatives to grow shareholder value. Thisincludes sourcing new deal flow, executing on M&A and spin outs ofBlackhawk’s existing portfolio and assisting with financingactivities.
As incoming Chairman, Mr Hanka says, “As aninvestment issuer, Blackhawk is one of a handful of companies listedin Canada that can acquire, incubate and sell or spinout a new listingfrom its portfolio. The upcoming spin-out of MindBio, is a significantmilestone and achievement for the Company and it demonstrates thevalue it can create for shareholders who receive a one for oneshareholding in the newly listed entity. I look forward to workingwith the board to transform Blackhawk into a premium investment issuerin the capital markets”.
“Justin Hanka is a tremendous addition to theboard” said Frederick Pels, CEO of Blackhawk. “His experience andcommitment to Blackhawk will be relied upon as we continue to reachmilestones and add shareholder value. On behalf of the board andmyself, I would like to welcome Justin Hanka and we look forward toworking with him.”
Scott Seguin and Dave Antony have resigned from theBoard of Directors due to other business commitments. The Companywishes to thank them for their service.
Spinout of MindBioTherapeutics
The Company also announces that it continues to moveforward with the planned spinout of MindBio Therapeutics. To ensuresufficient time for regulatory review of the spinout, the Company haselected to move the date for the meeting of shareholders to approvethe spinout until July 15, 2022. Further details regarding thespinout and the meeting will be made available in an informationcircular mailed to shareholders of record and posted under the profilefor Blackhawk on SEDAR (www.sedar.com). Completion of the spinoutremains subject to the receipt of shareholder, regulatory and courtapprovals.
About Blackhawk Growth
Blackhawk is an investment holding company looking tocreate substantial value for its shareholders through the acquisitionand development of high growth companies. It has focused itsinvestments in the health, cannabis and cannabidiol industries in bothCanada and the United States. Its portfolio of companies includes TERPWholesale, Sac Pharma, LeichtMind Clinics, Noble Hemp, Spaced Food,Stable Foods, MindBio Therapeutics, Digital Mind Technology, BlumDistributors Ltd. as well as an equity position in Gaia Grow Corp.(CSE:GAIA).
The Company diligently posts updates through videosfrom the official company YouTube channel https://www.youtube.com/channel/UCs4f2tt3yAvOGhNLjgNOy-A
Please join the conversation on our Blackhawk groupsupporter’s telegram group at https://t.me/Blackhawkgrowthcorp and visit us online at https://www.blackhawkgrowth.com .
For further information please contact:
Frederick Pels, Chief ExecutiveOfficer
(403)-991-7737
fred@ blackhawkgrowth.com
Cautionary NoteRegarding Forward-Looking Statement
All statements in this pressrelease, other than statements of historical fact, are “forward-looking information”with respect to the Corporation within the meaning of applicablesecurities laws. The Corporation provides forward-looking statementsfor the purpose of conveying information about current expectationsand plans relating to the future and readers are cautioned that suchstatements may not be appropriate for other purposes. By its nature,this information is subject to inherent risks and uncertainties thatmay be general or specific and which give rise to the possibility thatexpectations, forecasts, predictions, projections or conclusions willnot prove to be accurate, that assumptions may not be correct and thatobjectives, strategic goals and priorities will not be achieved. Theserisks and uncertainties include but are not limited those identifiedand reported in the Corporation ’s public filings under theCorporation’s SEDAR profile at www.sedar.com. Although theCorporation has attempted to identify important factors that couldcause actual actions, events or results to differ materially fromthose described in forward-looking information, there may be otherfactors that cause actions, events or results not to be asanticipated, estimated or intended. There can be no assurance thatsuch information will prove to be accurate as actual results andfuture events could differ materially from those anticipated in suchstatements. The Corporation disclaims any intention or obligation toupdate or revise any forward-looking information, whether as a resultof new information, future events or otherwise unless required bylaw.
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