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BLACK HAWK HOLDINGS ANNOUNCES APPOINTMENT OF NEW DIRECTORS AND OFFICERS

BLACK HAWK HOLDINGS ANNOUNCES APPOINTMENT OF NEW DIRECTORS AND OFFICERS
 MINNEAPOLIS, Jan. 10 /PRNewswire/ -- Black Hawk Holdings, Inc. (NASDAQ: BHHI) announced today that it has expanded its board of directors with the addition of William H. Spell, Harry W. Spell, Richard W. Perkins and Edward E. Strickland, who were elected to the board today. They will continue as directors of Black Hawk Holdings, Inc. until the next annual meeting of shareholders, at which time it is anticipated that they will stand for re-election.
 Harry Spell was elected chairman of the board of Black Hawk Holdings, Inc. William Spell was elected president and chief operating officer of Black Hawk Financial Corporation, Inc., an operating subsidiary of Black Hawk Holidngs,
Inc. The board of directors of


Black Hawk Holdings, Inc. believes that the financial, business and acquisition experience of the new directors and officers provides an exciting addition to Black Hawk. It is believed that they will bring sound acquisition opportunities to Black Hawk.
 Black Hawk Holdings, Inc. is a holding company that seeks out acquisition opportunities. The stock trades on the national over-the- counter market under the NASDAQ symbol "BHHI."
 -0- 1/10/92
 /CONTACT: Harry W. Spell of Black Hawk Holdings, 612-371-9650/
 (BHHI) CO: Black Hawk Holdings ST: Minnesota IN: SU: PER


KH -- MN009 -- 8802 01/10/92 17:28 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 10, 1992
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