Blackhawk Appoints New Chief Financial Officer and Adds Directors

Mr. Lichtenwald specializes in providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses as well as public commodity resource companies. He also assists in many aspects of clients' administration, financing and other activities. Mr. Lichtenwald also worked at Ernst & Young GmbH, Germany, in the assurance department. He earned his bachelor of business administration from Pforzheim University, Germany, and holds the professional designation of chartered professional accountant (CPA, CGA), and he is a member of Chartered Professional Accountants of British Columbia and Canada. Mr. Lichtenwald has had extensive experience as a controller and CFO of numerous publicly traded and private corporations in several industries.

The Company would like to thank Ms. Kropivnitski for her contributions to the Company.

The Company is also pleased to announce that Alex Klenman, Marc Lowenstein, Fred Pels, Dale Owen and Dave Antony have been elected as directors of the Company at the annual general meeting of shareholders held on December 20th. Messrs. Klenman and Lowenstein are new to the board, and fill vacancies left by Raymond Antony, Mike Smith and Kelly Ogle, who did not stand for re-election at the meeting. The Company thanks the former directors for their service to the Company.

Mr. Klenman brings over 30 years of business development, finance, marketing, media and corporate communications experience. He has held senior management and board positions in both the public and private sectors, and currently sits on the boards of multiple public companies. Prior to 2012, Mr. Klenman also served as a communications consultant for several TSX Venture listed resource companies, including Roxgold Inc., Integra Gold, Forum Uranium, Midnight Sun Mining, and others. In addition, Mr. Klenman also spent ten years in broadcasting, which included notable board positions with CKVU Television in Vancouver and Canwest Pacific Television. He is also currently President & CEO of Nexus Gold Corp. (TSXV:NXS) and Azincourt Energy Corp. (TSXV:AAZ).

Marc A. Lowenstein joined Fric Lowenstein in 2015 after completing his law degree at Bond University in Australia. Before law school, Marc spent more than 10 years in the construction industry in various positions ranging from a labourer, foreman, superintendent up to a Project Engineer for a large heavy civil construction company. Marc has also worked as a National Construction Safety Officer and consultant where he built, implemented and supervised health and safety programs for companies in the construction industry. Marc is focusing his practice on real estate and matters relating to construction including contracts, litigation and dispute resolution. Marc also recently joined the ADR Institute of Alberta and is working towards becoming a Qualified Arbitrator (Q. Arb.).

For further information please contact:

Fred Pels

403-991-7737

fred@greenroommed.ca

Neither the Canadian Securities Exchange nor its Regulatory Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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