SOURCE: Blackbird International Corporation

March 22, 2011 09:00 ET

Blackbird International Signs Letter of Intent to Acquire Controlling Interest in Mexican Casino

MONTREAL--(Marketwire - March 22, 2011) - Blackbird International Corp. (PINKSHEETS: BBRD) announced today that it has signed a letter of intent with Juegos De Mexicana S.A. to acquire 50% interest in a new casino license issued by the Mexican Federal authorities.

According to the letter of intent, Blackbird will own 50% interest in the casino and will manage its operation. The casino is fully licensed to operate electronic gaming terminals, bingo, keno, electronic card games, sports better and several others. The company expects to sign a definitive agreement on or before April 6, 2011.

"This potential agreement with Juegos De Mexicana will be our entry to our new business model," said Albert Baierle, President of Blackbird International Corp. "The revenues and profits from the management of such an operation will enable our expansion to other markets," further added Baierle.

Blackbird International Corp., has undergone a name and a business change; it was formerly named Blackbird Petroleum Corp. The company's core business is centered around casino operations and gaming. The company will set up, manage and acquire casinos and gaming ventures in North-America, the Caribbean as well as in East Europe.

About Blackbird International Corp.

Blackbird International Corporation is a publicly traded casino and gaming room operator, seeking to expand its operations in North America, Caribbean and East Europe. The company's stock trades on the Pinksheets market under symbol BBRD.

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