(TheNewswire)
Vancouver, British Columbia – TheNewswire - November 29, 2021 –Blackhawk Growth Corp. (CSE:BLR ) ; (CNSX:BLR.CN); (OTC:BLRZF); ( Frankfurt:0JJ) (the“ Company ”), is pleased to announce that the financialstatements and MD&A for its first quarter ended September 30, 2021have been filed on Sedar.
Highlights for the quarter ended September 30, 2021:
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Blackhawk acquires MindBio Therapeutics Pyt Ltd., clinical stage drug development company that is pioneeringpsychedelic micro-dosing research and is advancing emerging therapiesto treat a range of debilitating health conditions such as depression,anxiety, chronic pain, cognitive impairment and PTSD.
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Spaced Food Inc. begins commercial production of itproprietary Astronaut Sorbet
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Sac Pharma Partners Inc. continues to record recordresults and launches new proprietary strains
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As at September 30, 2021, Blackhawk held $16,719,850 in currentinvestments, a 165% increase from the value at June 30, 2021
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As at September 30, 2021, NAV per share was $0.38
Blackhawk Growth Corp. (“Blackhawk” or the “Company”)continues to review both equity and debt investment opportunities. TheCompany has focused its investments in the health, cannabis and CBDindustries, in both Canada and the US.
“Our acquisition of MindBio Therapeutics in the first quarter endingSeptember 30, 2021 was a transformational step forward for Blackhawk.Our portfolio of companies continue to show growth and value to ourshareholders as we work to execute, expand and deliver even more valueto shareholders over the course of the year” says Frederick Pels,CEO of Blackhawk Growth Corp.
As at September 30, 2021 theCompany’s equity investments consist of the following :
Company | Cost | Fair Value |
SAC Pharma Partners Inc. | 1,890,000 | 1,890,000 |
Noble Line Inc. | 986,800 | 986,800 |
Trip Pharma | 997,644 | 997,644 |
NuWave Foods Inc. | 783,892 | 783,892 |
Gaia Grow Corp. | 1,050,000 | 900,000 |
Engine Media (UMG) | 41,043 | 10,244 |
Fantasy Aces Daily Fantasy Sports Corp. | 455,268 | 13,441 |
Spaced Food Inc. | 311,191 | 311,191 |
MindBio Therapeutics | 10,826,638 | 10,826,638 |
Total Equity Investments | 17,342,476 | 16,719,850 |
Short-term loans consist of thefollowing:
September 30, 2021 | June 30, 2021 | |
Short term loans | 259,609 | 259,609 |
Total loan investments | 259,609 | 259,609 |
About Blackhawk Growth
Blackhawk Growth is an investment holding 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 SacPharma, LeichtMind Clinics, Noble Hemp, Spaced Food and NuWave Foods. Blackhawk continues to bring its investments tocash flow and is growing at an exceeding pace.
The company diligently posts updates through videosfrom the official company YouTube channel
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 more information on Blackhawk, please visit ourwebsite at:
https://www.blackhawkgrowth.com/
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 Company within the meaning of applicablesecurities laws, including with respect to the future prospects of thebusiness of the Company and its portfolio companies. The Companyprovides forward-looking statements for the purpose of conveyinginformation about current expectations and plans relating to thefuture and readers are cautioned that such statements may not beappropriate for other purposes. By its nature, this information issubject to inherent risks and uncertainties that may be general orspecific and which give rise to the possibility that expectations,forecasts, predictions, projections or conclusions will not prove tobe accurate, that assumptions may not be correct and that objectives,strategic goals and priorities will not be achieved. These risks anduncertainties include but are not limited those identified andreported in the Company’s public filings under the Company’s SEDARprofile at www.sedar.com. Although the Company has attempted toidentify important factors that could cause actual actions, events orresults to differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults not to be as anticipated, estimated or intended. There can beno assurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. The Company disclaims any intention orobligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwiseunless required by law.
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