Henry Cameron came through the Blackpool youth system and went on to receive international recognition while with The Seasiders.
New Zealand international Cameron signed professional terms in January 2015 and made 11 Championships appearances for Pool.
The winger scored his first professional goal in Blackpool's 3-2 defeat at Ipswich Town in April.
Cameron began last season in good form and earned a first international call up to the New Zealand squad.
While making his debut for the All Whites, the winger suffered an interior cruciate ligament injury, which ruled him out for the season.