Blackheath Resources Inc. (TSXV:BHR) announced a non-brokered private placement of 500,000 common shares at a price of CAD 0.05 per share for gross proceeds of CAD 25,000 on October 7, 2019. The transaction included participation from PanEx Resources Limited. All the securities issued in the transaction are subject to a hold period expiring on February 8, 2020. The company has received acceptance of TSX Venture Exchange for filing documentation with respect to the transaction.