Blackhawk Resource Corp. is pleased to provide an update on current operations and future plans. As at June 30, 2018 Blackhawk held $5,120,500 in investments, total assets of $5,415,364 and had a NAV per share of approximately $0.12. Blackhawk continues to evaluate opportunities to enhance shareholder value. Blackhawk holds approximately 20 [...]
CALGARY, Alberta, July 12, 2018 -- Blackhawk Resource Corp. , announces it has terminated the Agreement to acquire all the issued shares of UMG Media Corp. As part of the termination agreement, Blackhawk will receive a termination fee of $250,000, which covers all the costs incurred to date on the proposed transaction. It is anticipated that UMG [...]
Blackhawk Resource and UMG Media are pleased to announce they have entered into a letter of intent dated January 21, 2018 with respect to a combination of both companies whereby Blackhawk will acquire all of the issued and outstanding common shares of UMG. Blackhawk currently owns approximately 19.2% of the common shares of UMG. These shares were [...]
Blackhawk Resource is pleased to announce that the financial statements and MD&A for its first quarter ended September 30, 2017 have been filed on Sedar. Blackhawk continues to hold certain equity investments and has strategically focused its investments in eSports. As part of this focus, the equity portion of its portfolio includes a significant [...]
Blackhawk Resource is pleased to announce that the financial statements and MD&A for its fiscal year ended June 30, 2017 have been filed on Sedar. Blackhawk had interest income of $155,051 on its debt portfolio, a realized loss on disposal of equity investments of $102,877 and an unrealized gain on equity investments of $2,608,400 for the year [...]
Blackhawk Resource is pleased to announce that the financial statements and MD&A for its third quarter ended March 31, 2017 have been filed on Sedar. Blackhawk had interest income of $123,009 on its debt portfolio, a realized gain on disposal of equity investments of $78,987 and an unrealized gain on equity investments of $2,618,365 for the period [...]
Blackhawk Resource wishes to announce that it has suspended its dividend and is evaluating certain transactions that would refocus the business model of the Corporation.
Blackhawk Resource is pleased to announce that the financial statements and MD&A for its second quarter ended December 31, 2016 have been filed on Sedar. Blackhawk had interest income of $80,877 on its debt portfolio and a realized gain on disposal of equity investments of $33,569 for the period ended December 31, 2016. Blackhawk had cash flow from [...]