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Blackhawk Resource ( (TSE:BLR) ) has issued an update.
Blackhawk Growth Corp., a company involved in financial transactions, has amended and novated its outstanding loan of CDN$2,207,500 to Riverfort Global Opportunities PCC Limited. The loan terms now include a three-year extension, a one-time cash payment or share option, and the issuance of 30 million warrants. The loan has been transferred to Shape Capital, an investment firm in Melbourne, which will assist Blackhawk in a turnaround strategy. This strategic move is aimed at implementing Blackhawk’s growth strategy and enhancing shareholder value.
More about Blackhawk Resource
YTD Price Performance: 100.0%
Average Trading Volume: 36,175
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$1.96M
For an in-depth examination of BLR stock, go to TipRanks’ Stock Analysis page.