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BLACK HAWK EXPLORATION CEO PURCHASES 12 MILLION SHARES FROM INSTITUTIONAL INVESTOR
FOX ISLAND, Wash., March 1st, ,2009 Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX; ''Black Hawk'') announced today that it has filed a Super 8K with the Security and Exchange Commission (SEC) disclosing the purchase at a premium to market of 12 million shares of Black Hawk Exploration common stock from a private institutional investor by CEO / Director Kevin M Murphy for his personal account. This transaction will not result in any dilution to current common stock held by investors.
Black Hawk Exploration Reports Change in Shell Status
Management has determined that, as of the date hereof given and the current level of our operations, Black Hawk Exploration is no longer a shell company as defined in Rule 12b-2 of the United States Securities Exchange Act of 1934, as amended. Interested parties may refer to Item 5.01 of the current Super 8K report filed with the SEC for a detailed description of the business of our company.
About Black Hawk Exploration, Inc.:
Black Hawk is a diversified metals and energy exploration company with its current focus on lithium exploration through its wholly owned subsidiary Blue Lithium and Gold discovery through its wholly owned Golden Black Hawk, Dun Glen holdings. Black Hawk is committed to an aggressive program of value added property acquisition, project generation, asset diversity and building Shareholder value.
Contact: Kevin M. Murphy - CEO / Black Hawk Exploration
CEO@BlackHawkExploration.com
or
Ross Silver – Shareholder Inquiries
877-215-4813
info@vistap.com
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