Blackhawk Signs Distribution Agreement to Sell COVID-19 Antibody Test Kits in the United States
12 May 2020 - 4:00PM
In response to more politicians demanding increased testing and
recent comments from Governor Andrew Cuomo of New York stating,
“The more testing, the more open the economy”, Blackhawk Growth
Corp. (CSE:BLR; Frankfurt:0JJ; US-OTC:BLRZF) (the
“
Corporation” or “
Blackhawk”), is
pleased to announce that it has signed a non-exclusive distribution
agreement with a private arms-length California-based entity to
distribute Innovita’s 2019-nCoV Ab testing kits used in the
detection of antibodies associated with COVID-19. The distributor
will be responsible for their own costs associated with the
distribution of the test kits to healthcare clinics, government
organizations, pharmacies and retailers in the US, and all profits
will be divided evenly between Blackhawk and the distributor.
“As United States President Donald Trump looks
to reopen the economy, it will be imperative that everyone going
back to work gets tested,” said Frederick Pels, CEO of Blackhawk.
“The goal of this distribution agreement is to give Blackhawk an
American influence and point of contact, further proving to the
country that we’re able to deliver these kits within days rather
than weeks or months. Public health experts have continually stated
that widespread testing is crucial to the state’s efforts to
accurately assess how many people are affected and where the virus
is spreading. Getting these test kits directly to the source as
quickly as possible is on every public official’s mind and we are
here to prove that we can deliver and do our part to help get the
economy back on track. The more exposure we’re able to get with
various healthcare clinics, large corporations, nursing homes and
everywhere else where employee testing is prevalent, should bode
well for our test kits and our shareholders. These kits need to be
in the hands of more organizations and this agreement adds yet
another voice in the fight against COVID-19.”
“Delivering these kits and putting them in the
hands of citizens and various levels of government is the exact
market we’re targeting,” continued Mr. Pels. “Having a distributor
out there allows us to open new avenues and increases the exposure
we need to land and close much larger orders.”
For further information please contact:
Frederick Pels, Chief Executive
Officer
(403)-991-7737
fred@blackhawkgrowth.com
Cautionary Note Regarding
Forward-Looking Statement
All statements in this press release, other than
statements of historical fact, are “forward-looking information”
with respect to the Company within the meaning of applicable
securities laws, including with respect to the planned distribution
of test kits and anticipated orders in connection with such
distribution. The Company provides forward-looking statements for
the purpose of conveying information about current expectations and
plans relating to the future and readers are cautioned that such
statements may not be appropriate for other purposes. By its
nature, this information is subject to inherent risks and
uncertainties that may be general or specific and which give rise
to the possibility that expectations, forecasts, predictions,
projections or conclusions will not prove to be accurate, that
assumptions may not be correct and that objectives, strategic goals
and priorities will not be achieved. These risks and uncertainties
include but are not limited those identified and reported in the
Company’s public filings under the Company’s SEDAR profile at
www.sedar.com. Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that such information will
prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. The
Company disclaims any intention or obligation to update or revise
any forward-looking information, whether as a result of new
information, future events or otherwise unless required by law.
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