Blackwell 3D Engages Asas Capital to Raise Capital for Anticipated Real Estate Projects in Dubai

DUBAI, UAE , Sept. 30, 2024 (GLOBE NEWSWIRE) -- Blackwell 3D Construction Corp. (OTC: BDCC) ("Blackwell 3D” or the "Company"), an innovative 3D house printing technology company, is pleased to announce that it has engaged Asas Capital, a boutique investment advisory firm, for the purpose of arranging the necessary financing for the Company's anticipated real estate ventures in Dubai. This collaboration marks a significant step towards the realization of our expansion plans and commitment to revolutionizing the real estate landscape in one of the world’s most dynamic property markets.

Blackwell 3D is striving to become a trailblazer in integrating cutting-edge 3D technology into real estate development, offering advanced solutions that optimize project design, enhanced sustainability, and accelerate construction timelines. Provided the required funding is received, Blackwell 3D aims to bring its innovative approach to large-scale developments, aligning with Dubai’s vision of being a global hub for future-forward real estate and smart cities.

The engagement of Asas Capital signals a strategic move by Blackwell 3D to secure significant funding through Asas Capital's expertise in capital raising and investment advisory services. Asas Capital is known for its bespoke approach to investment and has a strong track record of helping businesses secure the necessary funds to support large-scale projects.

“We are excited to partner with Asas Capital as we embark on this next chapter of growth,” said Mohammedsaif Zaveri, CEO of Blackwell 3D. “Their expertise and deep understanding of the investment landscape will be invaluable as we work to bring our cutting-edge real estate solutions to Dubai, a market that is synonymous with innovation and forward-thinking development.”

Asas Capital, with its extensive network of investors and deep knowledge of the regional market, is poised to drive significant interest and investment into Blackwell 3D’s anticipated projects. This partnership is expected to generate sufficient financing to allow Blackwell 3D to execute on its planned real estate projects.

The partnership will focus on securing investments for a series of mixed-use developments and commercial projects that leverage 3D construction technology, sustainable building practices, and smart urban design. These projects are expected to contribute to Dubai’s ongoing transformation into a global leader in futuristic, sustainable real estate developments.

As of present, we have only engaged Asas Capital and there is no guarantee that we will be able to raise the necessary funds. Additional information will be released as it becomes available.

For further information about Blackwell 3D, please visit www.blackwell3d.com for the most up to date news.

Important Notice Regarding Forward-Looking Statements

This Press Release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the Company’s review of potential financing and strategic alternatives, the Company’s research and development efforts, the Company’s prospects for 2024, and the Company’s ability to fine tune its operations, are forward-looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements, although not all forward-looking statements contain these or similar identifying words.

These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated. Such risks and uncertainties include, but are not limited to: Blackwell 3D's ability to continue as a going concern; Blackwell 3D's ability raise additional capital to fund its business on acceptable terms or at all; Blackwell 3D's ability to negotiate and consummate a financing or other strategic transaction; changes in the competitive industries in which the Company operates and variations in operating performance across competitors; changes in laws and regulations affecting Blackwell 3D's business; the risk of downturns in the market and Blackwell 3D's industry; risks related to the uncertainty of the projected financial information with respect to Blackwell 3D; risks related to Blackwell 3D's limited operating history and history of losses; the timing of expected business milestones; Blackwell 3D's ability to implement its business plan and scale its business; Blackwell 3D's ability to formulate, implement and modify as necessary effective sales, marketing, and strategic initiatives to drive revenue growth; Blackwell 3D's ability to expand internationally; the viability of Blackwell 3D's intellectual property and intellectual property created in the future; government regulations and Blackwell 3D's ability to obtain applicable regulatory approvals and comply with government regulations; and the outcome of any legal proceedings that may be instituted against the Company. A further list and description of risks and uncertainties can be found in the most recent filings with the Securities & Exchange Commission (www.sec.gov) along with additional disclosure made available with the OTC Markets Group Inc. (www.otcmarkets.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Contact:
Investor Relations
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