Blue Water Global Group, Inc. (OTCBB:BLUU) announced that it has entered into a securities purchase agreement for private placement of an original issue discount convertible promissory note due August 19, 2016 at a price of $106,000 per note with existing investor, JDF Capital, Inc. for gross proceeds of $106,000 on August 19, 2015. The notes having a principal amount of $116,000 to be issued at an original issue discount of $106,000. The company may repay this note at any time on or before 90 days from the original issue date and would mature on August 19, 2016. The company has the right to repay the note at any time during the first 30 days of the prepayment period, the amount to prepay the note shall equal 115% of the aggregate principal amount of the note plus all accrued and unpaid interest applicable at the time of such request during the next 30 days of the prepayment period, the amount to prepay the note shall equal 120% of the aggregate principal amount of the note plus all accrued and unpaid interest applicable at the time of such request, during the next 30 days of the prepayment period, the amount to prepay the note shall equal 125% of the aggregate principal amount of the note plus all accrued and unpaid interest applicable at the time of such request, during the next 30 days of the prepayment Period, the amount to prepay the note shall equal 130% of the aggregate principal amount of the note plus all accrued and unpaid interest applicable at the time of such request, during the next 30 days of the prepayment Period, the amount to prepay the note shall equal 135% of the aggregate principal amount of the note plus all accrued and unpaid interest applicable at the time of such request, and during the final 30 days of the prepayment period, the amount to prepay the note shall equal 140% of the aggregate principal amount of the note plus all accrued and unpaid interest applicable at the time of such request. The investor may convert the outstanding principal on the note into common shares at the conversion price per share equal to 50% of the lowest daily trade occurring during the 25 consecutive trading day immediately preceding the applicable conversion date. There is no minimum conversion price. The accrued interest increasing by 5% 30 days after the closing date, 5% 60 days after the closing date, 5% 90 days after the closing date and 5% 120 days after the closing date until the maturity date.

The company will also issue 8,857,142 common shares purchase warrants at an exercise price of $0.00385 per share which will expire on August 19, 2020. The company will issue the securities pursuant to exemption provided under Regulation D. The company will pay legal fees of $6,000.