Blackhawk Announces Financial Results - Seite 2

Sector	Cost		Total fair value		% of total fair value
Construction and real estate	$	211,000	$	228,505	13	%
Oil and gas producers		591,696		510,377	30	%
Mining		472,415		567,090	33	%
Technology and other		421,909		411,638	24	%
Total	$	1,697,020	$	1,717,610	100	%

Debt instrument investments consist of the following as at September 30, 2014:

Short term loans	$	768,248
Mortgage		150,000
Debenture		158,827
Total investments held to maturity	$	1,077,075

Oil and gas investments consist of the following as at September 30, 2014:

Non-Operated properties	$	152,923
GORR		84,987
Total	$	237,910

The Corporation's strategy is focused on investing in multiple companies across a variety of sectors in North America. Blackhawk strives to continue to increase its investable capital and grow by investing in equity and debt instruments of companies and generating positive returns for shareholders.