Black Iron Inc.

Black Iron Inc. is pleased to report the submission of a proposed legally binding special investment support agreement to Ukraine's Ministry of Economy for consultation. The Investment Agreement includes transfer of lands required for location of the Shymanivske Iron Ore Project's processing plant, tailings and waste stockpiles, upon the end of martial law . The Investment Agreement is a relatively new Ukraine government [...]

Black Iron Inc. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 8, 2023 were elected as directors of the Company at the annual general meeting of shareholders of the Company held today. Detailed results of the vote for the election of directors are as follows: Votes For % Votes For Votes Withheld % Votes Withheld Matthew [...]

Black Iron Inc. has been advised by Wood Plc., who's employees are the main authors of the Shymanivske Iron Ore feasibility study , that publication of the Study cannot occur until there is peace in Ukraine and it is possible to revisit site. In particular, to meet the requirements for a National Instrument 43-101: Standards of Disclosure for Mineral Projects feasibility study, at the time of publication of the Study, it [...]

Black Iron Inc. ; ; is pleased to report that the Company's largest shareholder, RAB Capital, recently purchased 2,500,000 shares of the Company in the market at an average price of $0.1243 per BKI Share to increase its ownership position to approximately 15%. RAB Capital is a private investment holding company of which Mr Philip Richards is majority shareholder. He commented, "We increased our ownership of Black Iron for [...]

RAB Capital Holdings Limited , a private investment holding corporation owned by Mr. William Philip Richards, and Mr. William Philip Richards personally report that, on March 1, 2022, they purchased 2,500,000 common shares of Black Iron Inc. in the open market, at a price of $0.1243 per share for aggregate consideration of $310,750. RAB Capital now beneficially owns and controls 45,408,200 Black Iron shares . Prior to [...]

Black Iron Inc. ;; management want to reassure investors that the Company is continuing development of its Shymanivske Iron Ore Project located in Central Ukraine on the west side of the Dnieper River while carefully monitoring Russia's incursion into Eastern Ukraine. The adjacent iron ore mines to the Project continue to operate without interruption and our employees are going to work to as usual. The Company intends to [...]

Black Iron Inc. has received a number of inbound inquires from shareholders over the past two weeks seeking an update on the Shymanivske Iron Ore Project and progress with reaching binding offtake, land transfer and Ukraine government investment support agreements. Further to the press release of the Company on June 30, 2021 and March 8, 2021, solid progress is being made by Wood PLC on the Project's feasibility study and [...]

RAB Capital Holdings Limited , a private investment holding corporation owned by Mr. William Philip Richards, reports that, on July 21, 2021, it purchased 1,500,000 common shares of Black Iron Inc. pursuant to a short form prospectus offering, at a price of $0.40 per share for aggregate consideration of $600,000. RAB Capital now beneficially owns and controls 38,300,000 Black Iron shares . Prior to this investment [...]

Black Iron Inc. is pleased to announce that it has closed its previously announced short form prospectus offering, including the full exercise of the over-allotment option, raising gross proceeds of $11.5 million for the Company through the issuance of 28,750,000 common shares of the Company at a price of $0.40 per Share . The Offering is subject to final approval by the Toronto Stock Exchange . Canaccord Genuity Corp [...]

Black Iron Inc. announces that its previously-announced marketed public offering of common shares of the Company will consist of up to 25,000,000 Shares for gross proceeds of up to C$10 million. In respect of the foregoing, Black Iron will file today an amended and restated preliminary short form prospectus , to amend and restate the preliminary short form prospectus of the Company dated June 29, 2021. Each Share will be [...]