Blackheath Resources Inc. (TSXV:BHR) announced a non-brokered private placement of up to 4,545,455 units at a price of CAD 0.055 per unit for gross proceeds of up to CAD 250,000 on June 26, 2020. Each unit consists of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.07 per share for a period of 36 months from closing of the transaction. The company may pay finder's fees in the transaction. All securities issued under the transaction will be subject to a four month hold period from the closing date. The transaction is subject to all necessary regulatory approvals including approval from the TSX Venture Exchange.