Ishmael Miller joined The Seasiders in August 2014, after spending much of last season on loan at Yeovil Town.
The striker signed a one-year contract with Blackpool, and has an option of a further 12 months.
Having broken through at Manchester City, Miller has played for the likes of West Brom, Middlesbrough and Nottingham Forest.
After moving to Bloomfield Road, Miller made his Pool debut at Shrewsbury Town in the Capital One Cup.
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