Wednesday, September 16, 2026

Blackbird Energy Inc. Announces Closing of CEE Private Placement for Proceeds of $8.0 Million

Blackbird Energy Inc. (TSX VENTURE:BBI) (“Blackbird” or the “Company“) is pleased to announce that it has closed the previously announced non-brokered private placement of 16,500,000 flow-through common shares (the “Shares“) pursuant to the Income Tax Act (Canada) (“ITA“) in respect of Canadian Exploration Expenses (“CEE“) at a price of $0.485 per Share for proceeds of $8,002,500 (the “CEE Private Placement“).

Is Wind Giant DONG Energy Selling its Oil & Gas Segment, or Not?

DONG says oil & gas segment is “not considered a long-term strategic commitment” – DONG engages J.P. Morgan to conduct a market assessment Denmark-based wind energy developer DONG Energy (ticker: DENERG) successfully launched Europe’s biggest 2016 IPO in June. Besides its robust offshore wind development business in Europe, bioenergy, thermal power and energy distribution segments, the company runs a healthy oil and gas business.