The BlackHawk Fund
THE BLACKHAWK FUND SIGNS BUSINESS DEVELOPMENT AGREEMENT WITH ZERO WASTE PLC – ALTERNATIVE ENERGY COMPANY
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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THE BLACKHAWK FUND SIGNS BUSINESS DEVELOPMENT AGREEMENT WITH
ZERO WASTE PLC – ALTERNATIVE ENERGY COMPANY
Carlsbad, CA.- July 13th, 2006- The Blackhawk Fund (BHWF- OTC BB) announces
the signing of a Business Development Agreement with Zero Waste PLC –
alternative energy company. The BlackHawk Fund shall provide advisory
services to Zero Waste PLC related to capital formation, business strategy
and public market guidance, in addition to providing up to $1,500,000 in
expansion capital. The BlackHawk Fund provides these services in return for
up to a 20% equity position in Zero Waste PLC, which has a pre-IPO
valuation currently estimated at £15,000,000 (British Pounds Sterling).
The Blackhawk Fund operates as a Business Development Company, by
incubating, developing, and acquiring Portfolio Companies that are in the
alternative energy market. The BlackHawk Fund takes a lead role in the
financing, development, and management of these Portfolio Companies in
return for an equity interest in each company. Once the Portfolio Company
has succeeded in its business plan, The BlackHawk Fund will assist in the
process of taking the Portfolio Company public, in order to obtain a higher
market valuation for the equity position held by The BlackHawk Fund.
ABOUT ZERO WASTE PLC
Zero Waste PLC is an innovative eco-friendly waste processing company which
has acquired exclusive rights to proprietary technology used for the
processing of various waste products including household waste into high
calorie energy products which can be sold to power generating companies.
This unique patented process will play a major role in reducing the amounts
of waste products which are currently being sent to landfill sites. Zero
Waste PLC will act as an important catalyst to help E.U. countries achieve
their requirements concerning the E.U. Landfill Directive and in return
create saleable energy products.
Zero Waste has signed an important multi-year contract with a licensed E.U.
waste operator, who will immediately begin the process of reducing landfill
waste and the related dangerous landfill gases which impacts the current
negative greenhouse effect. The first E.U. full installation is being
assembled and is being targeted for completion before the end of 2006.
The Company intends to expand operations throughout Europe for its future
growth and has also received numerous enquiries for its technology and
plant installation. Zero Waste PLC has offices in London and is in
discussions with advisors in preparation for floatation on the London Stock
Exchange AIM listing.
Contact: (775) 887-0670
www.blackhawkfund.com
(c)DGAP 20.07.2006
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