June 30, 2017 10:04 AM Eastern Daylight Time

SAN DIEGO – (BUSINESS WIRE) – Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc. (OTCQB: HGBL, CSE: HGP), today announced that it will manage a public auction of BLAMtastic, LLC (“the Company”), an all-natural skincare brand that produces botanical skincare products for babies, children and adults.

The public auction of the entirety of BLAMtastic, LLC will be conducted telephonically on July 10, 2017 at 11:00 am EST. The complete sale of the Company includes eleven trademarks, finished goods inventory and accounts receivables, among all other tangible and intangible assets. Qualified bidders may contact Nick Dove (ndove@hginc.com or 858-847-0659) with questions or to request access to the public auction / obtain dial-in information.

BLAMtastic was founded in 2007 by Renee and Lily Sandler in Augusta County, Virginia. Annual sales of BLAMtastic products reached over $500,000 in 2016 through its broad distribution to some of the largest U.S. retail chains. Distribution of BLAMtastic products is completed from a warehouse in Kansas City, Missouri. In addition to retail distribution, the Company also has a direct-to-consumer presence through their own e-commerce site, blamtastic.com, as well as other leading e-retailers.

“The upcoming public auction of BLAMtastic, LLC provides a strategic buyer in the beauty and skincare industry the opportunity to acquire a unique and all natural product brand with distribution in major retailers across the United States,” stated Nick Dove, HGP Director of Sales.

Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms and a subsidiary of publicly traded Heritage Global Inc. (OTCQB: HGBL and CSE: HGP).

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