November 10, 2009
Blackbird Investments Inc (C:BBI)
Shares Issued 37,403,208
Tuesday November 10 2009 - News Release
Mr. William Macdonald reports
BLACKBIRD INVESTMENTS INC. ANNOUNCES BOARD AND MANAGEMENT ADDITIONS
Blackbird Investments Inc., as a result of the recent closing of its qualifying transaction, has made several additions to its board and management. Garth Braun has been appointed as the Corporation's Chief Executive Officer and has also been appointed to the Board of Directors. In addition, David Finn has also been appointed to the Board of Directors. The appointments of Messrs. Braun and Finn remain subject to the approval of the TSX Venture Exchange (the "Exchange"). Mr. Finn has been granted 250,000 stock options pursuant the Corporation's stock option plan, exercisable at $0.25 for a period of five years from grant.
Mr. Braun brings to Blackbird more than 22 years of diversified real estate, finance and oil and gas industry experience in operations, finance and strategic planning. Prior to joining Blackbird, he served as one of the lead Investment Bankers at Gateway Securities Inc. Mr. Braun gained extensive experience in the operations of an international oil and gas company where he served as CEO and Chairman. He has owned and operated several profitable real estate development companies in Canada.
David Finn is a Petroleum Consultant with over 30 years consulting experience in oil and gas property evaluations. Upon graduation from the British Columbia Institute of Technology with a Diploma in Natural Gas and Petroleum Technology in 1969, he was employed by Amoco Canada Petroleum Company Ltd. From there he returned to University majoring in physical sciences, then re-entering the oil and gas industry with the British Columbia Petroleum Corporation where he monitored natural gas performance of northeastern British Columbia gas fields. In 1978 he began his career in the consulting business with the predecessor company of Gilbert Laustsen Jung Associates Ltd. In 1980 he co-established and was a partner in the Vancouver based oil and gas consulting firm, Esau Finn Associates Ltd. which until 1989 served the resource and financial community of Vancouver. The firm provided oil and gas technical reports in support of securities and banking requirements; acquisition/disposition appraisals; independent opinion of drilling prospects; and monitoring of oil and gas operations of junior oil and gas companies. Areas of exposure included continental U.S.A., the western Canadian sedimentary basin as well as limited offshore evaluations. In 1990 he became an independent oil and gas consultant, primarily contracting his services to Gilbert Laustsen Jung Associates Ltd. in Calgary, until returning to Vancouver in 2002, where he continues to provide his consulting services.
David is a registered member of the Applied Science Technologists of British Columbia and currently serves as a director of other publicly traded junior resource companies.
The Corporation has retained Dwane Brosseau to provide investor relations services for Blackbird. The agreement is for a six month term, pursuant to which Mr. Brosseau will be paid $3,500 (plus GST) per month. Mr. Brosseau has been paid a signing bonus of $3,500 and has been granted 150,000 stock options pursuant the Corporation's stock option plan, exercisable at $0.25 for a period of five years from grant, which will vest in accordance with applicable Exchange policies.
Mr. Brosseau has over 15 years of financing experience in venture capital, institutional investing and wealth management. During that time he has worked closely with private high-net-worth individuals, institutional investors and brokers in North America. Mr. Brosseau holds a bachelor of commerce from St. Mary's University in Halifax.
William Macdonald, President of the Corporation stated, "As we move into our operational phase, I am very pleased that we have been able to attract and add such quality individuals to the Blackbird team."
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