NEW YORK, Feb. 28 /PRNewswire-FirstCall/ -- Blackhawk Capital Group BDC, Inc. (OTC Bulletin Board: BHCG), a business development company registered under the Investment Company Act of 1940 ("Blackhawk"), announced that on February 25, 2008 it has sold an additional $155,764 (155,764 shares at $1.00 per share) bringing the aggregate amount of sales as of February 25, 2008 to $698,112 (698,112 shares at $1.00 per share) in its $5 million Regulation E Common Stock Offering ("Offering"). Final results of the Offering will be filed by Blackhawk in a Form 2-E to be filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security. The securities are being offered pursuant to an offering circular filed with the Securities and Exchange Commission pursuant to Regulation E under the Securities Act of 1933. The securities have not been registered under any state securities laws. Neither the Securities and Exchange Commission nor any state securities commission has in any way passed upon the merits of, or given approval to, guaranteed or recommended the securities offered by Blackhawk or the terms of the offering or has determined that the securities are exempt from registration, or made any finding that the statements in the offering circular are accurate or complete. Blackhawk is a business development company registered under the Investment Company Act of 1940 and was formed in April 2004. It has not yet made its first portfolio investment. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995. The matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. Further information on Blackhawk's risk factors is contained in Blackhawk's quarterly and annual reports filed with the Securities and Exchange Commission.
Contact: Blackhawk Capital Group BDC, Inc. Dr. Craig A. Zabala (212) 566-8300
SOURCE Blackhawk Capital Group BDC, Inc.