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Black Iron Inc. (T:BKI)

Business Focus: Iron Ore Mining

Apr 08, 2024 07:48 am ET
Ukraine's Government Has Finalized Investment Support Agreement Legislation
TORONTO, ON / ACCESSWIRE / April 8, 2024 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) announces that Ukraine's Ministry of Economy has finalized all of its planned updates to the Investment Support Agreement (the "Investment Agreement") legislation and is now accepting applications through Ukraine Invest.
Dec 21, 2023 09:05 am ET
Ukraine Investment Agreement Status Update
TORONTO, ON / ACCESSWIRE / December 21, 2023 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) announces that it has received feedback from Ukraine's Ministry of Economy on its Investment Support Agreement (the "Investment Agreement") application that updates to the applicable legislation are currently being finalized and Black Iron will be required to update and resubmit its Investment Agreement application to reflect such legislative changes prior to submitting the Investment Agreement
Nov 22, 2023 04:45 pm ET
Ukraine Ministry of Economy Approval of an Investment Agreement with Black Iron will be a Significant Signal to Invest in Ukraine
TORONTO, ON / ACCESSWIRE / November 22, 2023 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) is proud to have been a sponsor and have management participate in the second Rebuild Ukraine Business Conference (the "Conference"), held between November 21-22, 2023, in Toronto, Ontario, Canada. This significant event showcased Canada's belief in Ukraine's victory and its commitment to providing diverse assistance. Representatives at the Conference included government officials, investors, c
Jul 17, 2023 04:45 pm ET
Black Iron Submits Ukraine Government Investment Support Agreement
TORONTO, ON / ACCESSWIRE / July 17, 2023 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) is pleased to report the submission of a proposed legally binding special investment support agreement (the "Investment 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 (the "Project") processing plant, tailings and waste stockpiles, upon the end o
Jun 13, 2023 05:00 pm ET
Black Iron Announces 2023 AGM Results and Provides Project Update
Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) 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...
Jun 30, 2022 12:57 pm ET
Black Iron Announces 2022 AGM Results and Project Update
Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 24, 2022 were elected as directors of the...
Apr 05, 2022 05:00 pm ET
Black Iron Feasibility Study to be Published Upon Peace in Ukraine
TORONTO, ON / ACCESSWIRE / April 5, 2022 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) has been advised by Wood Plc., who's employees are the main authors of the Shymanivske Iron Ore (the "Project") feasibility study (the "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 Dis
Mar 02, 2022 08:33 am ET
Black Iron's Largest Shareholder RAB Capital Increases Ownership
TORONTO, ON / ACCESSWIRE / March 2, 2022 / Black Iron Inc. (" Black Iron " or the " Company ") (TSX:BKI); (OTC PINK:BKIRF); (FWB:BIN) is pleased to report that the Company's largest shareholder, RAB Capital, recently purchased 2,500,000 shares of the Company (" BKI Shares ") in the market at an average price of $0.1243 per BKI Share to increase its ownership position to approximately 15%.
Mar 01, 2022 07:00 pm ET
RAB Capital Discloses Investment in Black Iron Inc.
RAB Capital Holdings Limited (“RAB Capital”), 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 (1,000,000...
Feb 22, 2022 04:36 pm ET
Black Iron Continues to Progress Project Development in Central Ukraine
TORONTO, ON / ACCESSWIRE / February 22, 2022 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI);(OTC PINK:BKIRF);(FWB:BIN) management want to reassure investors that the Company is continuing development of its Shymanivske Iron Ore Project (the "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 t
Sep 13, 2021 06:08 am ET
Black Iron Project and Key Agreement Update
TORONTO, ON / ACCESSWIRE / September 13, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FRANKFURT:BIN) has received a number of inbound inquires from shareholders over the past two weeks seeking an update on the Shymanivske Iron Ore Project (the "Project") and progress with reaching binding offtake, land transfer and Ukraine government investment support agreements.
Jul 23, 2021 07:00 pm ET
RAB Capital Discloses Investment in Black Iron Inc.
RAB Capital Holdings Limited (“RAB Capital”), 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. (BKI:TSX) (“Black Iron”) pursuant...
Jul 21, 2021 09:25 am ET
Black Iron Announces Closing of $11.5 Million Offering
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
Jul 05, 2021 08:30 am ET
Black Iron Announces Pricing of Public Offering
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
Jun 30, 2021 07:12 am ET
Black Iron Retains Wood PLC To Complete Shymanivske Feasibility Study
TORONTO, ON / ACCESSWIRE / June 30, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FRA:BIN) is pleased to announce that Wood PLC ("Wood") has initiated work on the completion of an updated Feasibility Study ("FS") for the Company's Shymanivske Iron Ore Project (the "Project") based on a phased buildout from 4Mtpa to 8Mtpa of premium 68% grade pellet feed. Wood's personnel have extensive experience in the development of major resources projects, spanning all facets of project management and engi
Jun 29, 2021 05:07 pm ET
Black Iron Announces Marketed Public Offering
/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES/
Jun 24, 2021 05:00 pm ET
Black Iron Announces 2021 AGM Results
TORONTO, ON / ACCESSWIRE / June 24, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 26, 2021 were elected as directors of the Company at the annual and special meeting of shareholders of the Company (the "Meeting") held today.
Jun 07, 2021 07:45 am ET
Environmental Case For Black Iron's Expected High Grade 68% Iron Ore
TORONTO, ON / ACCESSWIRE / June 7, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) announces that the production of steel using Black Iron's anticipated high grade 68% iron magnetite pellet feed reduces green house gas (GHG) emissions by ~30%[i] as compared to more typically consumed 62% iron hematite fines. Black Iron can also easily further upgrade its product to direct reduction pellet feed as is required to produce steel using green hydrogen which is getting a lot of attention in the media as a promis
May 25, 2021 06:00 pm ET
RAB Capital Discloses Investment in Black Iron Inc.
RAB Capital Holdings Limited (“RAB Capital”), a private investment holding corporation owned by Mr. Philip Richards, reports that, on May 20, 2021, it exercised 9,200,000 warrants of Black Iron Inc. (BKI:TSX) (“Black Iron”), at a price of $0.06 per...
May 20, 2021 11:10 am ET
RAB Capital Increases Shareholding in Black Iron with Warrant Exercise
TORONTO, ON / ACCESSWIRE / May 20, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) announces that the Company's largest shareholder RAB Capital Holdings Limited ("RAB Capital") has exercised 9.2 million warrants to increase its holding of common shares of the Company from 10.5% to 13.5%.
May 18, 2021 08:45 am ET
Black Iron Strengthens Board & Operations Team
TORONTO, ON / ACCESSWIRE / May 18, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) (OTC PINK:BKIRF) (FWB:BIN) is pleased to announce the addition of Zenon Potoczny to its Board of Directors, Stefan Gueorguiev as Project Director and retirement of Les Kwasik after nearly 51 years in industry.
May 10, 2021 07:18 am ET
Black Iron Selects Cargill As Ukraine High-Grade Iron Ore Offtake Purchaser With a US$75M Finance Facility
TORONTO, ON / ACCESSWIRE / May 10, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) is pleased to announce that it has selected Cargill, Incorporated ("Cargill") for offtake rights on the initial four million tonnes per year of production from its Shymanivske iron ore project (the "Project") and a US$75 million finance facility to be used for Project construction.
Mar 25, 2021 07:17 am ET
Black Iron Receives Multiple Offtake & Investment Offers
TORONTO, ON / ACCESSWIRE / March 25, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) is pleased to announce that it recently received several offers from well-known multibillion dollar companies interested in securing rights to purchase the planned initial four (4) million tonnes per annum of production from Black Iron's Shymanivske iron ore project ("the Project") at a slight discount to market price in exchange for making a significant investment towards project construction.
Mar 08, 2021 07:06 am ET
Black Iron Initiates Environmental Impact Assessment
TORONTO, ON / ACCESSWIRE / March 8, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FSE:BIN) is pleased to announce the engagement of Environmental Resources Management ("ERM") to conduct an environmental and social impact assessment ("ESIA") on its Shymanivske iron ore project (the "Project"). The ESIA is a very important process used to identify likely environmental and social impacts of a project at the design stage to recommend ways to reduce adverse impacts and achieve environmental and social benefi
Feb 11, 2021 07:06 am ET
Black Iron Welcomes Ukraine’s New Investment Law
TORONTO, ON / ACCESSWIRE / February 11, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FRA:BIN) is pleased to announce Ukraine government's passing of a new law aimed to attract investment by providing significant tax reductions and land transfer rights. Upon a company entering into an investment agreement with Ukraine's Cabinet of Ministers, support can be provided in the following areas that are relevant for Black Iron to construct its Shymanivske project:
Jan 12, 2021 09:50 am ET
Black Iron Webinar – Company Overview & Exciting 2021 Plans
TORONTO, ON / ACCESSWIRE / January 12, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI); (OTC:BKIRF); (FWB:BIN) is pleased to announce that Black Iron management will be hosting a web-based presentation for current and future potential shareholders on January 19TH at 10am to provide an overview of the Company and its exciting plans for 2021. People interested to attend this session can sign up on Black Iron's website www.blackiron.com/registration/ post which you will receive a video and phone nu
Dec 30, 2020 09:23 am ET
Black Iron Progresses Offtake & Construction Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Dec 22, 2020 08:55 am ET
Black Iron Signs US$100 Million Royalty Investment Term Sheet
TORONTO, ON / ACCESSWIRE / December 22, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI); (OTC PINK:BKIRF); (FWB:BIN) is pleased to announce that it has entered into a non-binding royalty term sheet for US$100 million with a prominent United States based institutional investor.
Oct 13, 2020 07:06 am ET
Black Iron Offtake, Construction And Land Transfer Update
TORONTO, ON / ACCESSWIRE / October 13, 2020 / As an update on Black Iron Inc.'s ("Black Iron" or the "Company") (TSX:BKI) formal offtake process that was previously announced, multiple groups participated in the first round resulting in the Company receiving expressions of interest to invest in exchange for securing offtake rights. Offtake allows the investor to secure the rights to purchase Black Iron's initial entire expected annual production of 4 million tonnes of pellet feed at a slight discount to market price, in exchange for making an investment towar
Sep 30, 2020 06:00 pm ET
Black Iron Offtake and Royalty Progress Update
TORONTO, CANADA / ACCESSWIRE / September 30, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) has set October 9, 2020 as the submission date for expressions of interest to be received from steel mills and global traders to secure the rights to purchase its initial entire expected annual production of 4 million tonnes of pellet feed, in exchange for making a substantial investment towards construction of the Shymanivske iron ore project (the "Project"). There are several multi-billion market capitalization companies participa
Sep 08, 2020 07:36 am ET
Iron Ore Price Strength Generates Significant Offtake Interest in Shymanivske Project
TORONTO, ON / ACCESSWIRE / September 8, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) announces that it has received a substantial increase in interest from groups looking for iron ore offtake given the sharp increase in iron ore prices and China's efforts to diversify away from its strong reliance on Australian iron ore. This includes interest from parties already well advanced in their due diligence such as Glencore and several new steel mills that have been in recent contact with the Company.
Jul 30, 2020 04:50 pm ET
Notice to Warrantholders of Acceleration of Expiry Date and Corporate Update
TORONTO, CANADA / ACCESSWIRE / July 30, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) announces that it has elected to accelerate the expiry date of the common share purchase warrants dated March 29, 2019 and April 5, 2019 (collectively, the "Warrants").
Jul 13, 2020 04:02 pm ET
Black Iron Provides Corporate Update & Announces AGM Results
TORONTO, ON / ACCESSWIRE / July 13, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated June 15, 2020 were elected as directors of the Company at the annual meeting of shareholders of the Company (the "Meeting") held on July 13, 2020.
Jun 22, 2020 04:45 pm ET
President of Ukraine Reinforces Support of Black Iron’s Project
TORONTO, CANADA / ACCESSWIRE / June 22, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)OTC PINK:BKIRF)(FRA:BIN), announces that Ukraine's President, Volodymyr Zelenskyy, made several supportive statements regarding Black Iron in an article published on his official website on June 21, 2020 regarding his views on the important relationship between Ukraine and Canada.
May 08, 2020 07:06 am ET
Black Iron Closes Private Placement, Announces Lind Option Exercise and Project Update
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES
Apr 23, 2020 06:40 pm ET
Black Iron Announces Private Placement Financing
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES
Mar 09, 2020 08:00 am ET
Black Iron Inc. to Present at the Spring Investor Summit on March 25th-26th in New York City
NEW YORK, NY / ACCESSWIRE / March 9, 2020 / Black Iron's (TSX:BKI)(OTCPINK:BKIRF) globally top ranked iron ore project construction financing plan to be presented at the Spring Investor Summit on March 25th in New York City.
Mar 02, 2020 06:01 pm ET
Black Iron Progresses Offtake Discussions and Updates PEA
Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB:BIN) management continue to make very positive progress in discussions with steel mills and global commodity trading companies that are showing strong interest to fund a...
Dec 02, 2019 07:30 am ET
Black Iron Update on Project Construction Financing
TORONTO, ON / ACCESSWIRE / December 2, 2019 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC:BKIRF)(Frankfurt:BIN) management continue to make sound progress arranging the financing for Shymanivske project construction, including the receipt of expressions of interest from European banks and export credit agencies to provide US$250 to 300 million of debt.
Nov 14, 2019 07:00 am ET
Black Iron And Ukrainian Government Agree On Terms For Essential Land Transfer
TORONTO, CANADA / ACCESSWIRE / November 14, 2019 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTCPINK:BKIRF)(Frankfurt:BIN) management have achieved a MAJOR milestone in its Shymanivske project development by agreeing on terms with Ukraine's Government to acquire a key parcel of land that is being used by Ukraine's Ministry of Defense for location of Black Iron's future processing plant, tailings and waste rock stockpiles.
Sep 30, 2019 09:30 am ET
Black Iron Progresses Construction Financing and Receives Strong Support From Ukraine's Prime Minister
TORONTO, ON / ACCESSWIRE / September 30, 2019 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) reports that senior management met late last week with Ukraine's newly elected Prime Minister and Minister of Economy to discuss the importance of Black Iron's project to Ukraine given the high level of interest from foreign investors to fund construction, large number of new highly skilled jobs that will be created and the substantial investment planned. Both Ministers came to the meeting well briefed on Black Iron, were very pragmatic and stated their s
Sep 27, 2019 09:27 am ET
Black Iron Closes First Funding
Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) has closed on the first funding amount of CAD$2,250,000 pursuant to its previously announced convertible security funding agreement (the “Agreement”) with Lind Global Macro Fund LP...
Sep 18, 2019 08:30 pm ET
Black Iron Announces Convertible Security Funding And Provides Land & Construction Funding Update
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES
Aug 12, 2019 06:00 pm ET
Black Iron Comments on Recent Share Price and Provides Construction Financing and Land Progress Update
TORONTO, ON / ACCESSWIRE / August 12, 2019 / Black Iron Inc. (“Black Iron” or the “Company”) (TSX:BKI) (OTC:BKIRF) (FRANKFURT:BIN) continues to advance the Shymanivske Iron Ore Project (“Shymanivske” or the “Project”) towards construction with management efforts focused on securing funding for construction and land usage rights. The recent drop in share price is potentially attributed to a combination of shares from the April 2019 private placement (the “Private Placement”) becoming free trading and a decline in the global price of iron ore (important to note
Aug 09, 2019 09:00 pm ET
Black Iron Announces Filing Of Material Contract
For more information, please contact:Matt SimpsonChief Executive OfficerBlack Iron Inc.Tel: +1 (416) 309-2138
Jul 03, 2019 05:40 pm ET
Ukraine's President States Strong Support for Black Iron's Development
TORONTO, ON / ACCESSWIRE / July 3, 2019 / Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) reports, Ukraine's recently elected President, Volodymyr Zelensky, made several highly supportive statements regarding development of Black Iron's project at an Economic Club of Canada event today after having identified Black Iron as an important project his Government supports at a ministerial event hosted by Canada's Foreign Minister, Chrystia Freeland.
Jun 27, 2019 05:35 pm ET
Black Iron Provides Project Update and Announces AGM Results
TORONTO, ON / ACCESSWIRE / June 27, 2019 / Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) reports, recently elected Ukraine President Zelensky along with several Ministers from Ukraine's Government will be in Toronto next week and Black Iron's CEO Matt Simpson is participating in several meetings including a panel at the Ukraine House event on July 3rd being moderated by the Chairman of UkraineInvest.
Jun 05, 2019 08:30 am ET
Black Iron Renews Access Agreements for Port and Power & Provides Project Update
via NetworkWire – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN), as part of providing reassurance to potential investors regarding project construction, has renewed its letter of intent (“LOI”) with...
May 21, 2019 08:30 am ET
Black Iron Appoints Cutfield Freeman as International Financial Advisor
via NetworkWire – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN), announces that it has appointed Cutfield Freeman & Co Ltd (“Cutfield Freeman”) as its international financial advisor to negotiate and...
May 09, 2019 08:30 am ET
Black Iron Renews Letter of Intent for Key Rail Capacity for the Shymanivske Project
Toronto, Ontario--(Newsfile Corp. - May 9, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron" ) has renewed its Letter of Intent ("LOI") with Ukraine's National Railway to provide up to 10 Mtpa of capacity to move product from the railway line located within two kilometers of Black Iron's Shymanivske Project ("the Project") to Port Yuzhny, a deep water port in the Black Sea.
May 09, 2019 08:30 am ET
Black Iron Renews Letter of Intent for Key Rail Capacity for the Shymanivske Project
via NetworkWire – Black Iron Inc. (“Black Iron” ) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) has renewed its Letter of Intent (“LOI”) with Ukraine’s National Railway to provide up to 10 Mtpa of capacity to move product from the railway line located...
Apr 05, 2019 08:30 am ET
Black Iron Closes Upsized and Fully Subscribed Final Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - April 5, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron" or the "Company"), an iron ore development project ranked by CRU as the lowest cost undeveloped pellet feed project globally, announces that it has upsized and closed the second and final tranche of its previously announced non-brokered private placement (the "Second Tranche") of units of the Company (the "Offering"). Pursuant to the Second Tranche, the Company issued a total of 9,043,950 units (the "Units") at a price of $0.06 per Unit for gross proceeds of $542,637. Combined with the closing of the first tranche (the "First Tranche") on March 29, 2019, the Company has issued a total of 26,552,390 units for gross proceeds of $1,593,143. The Company upsized the Offering from $1,500,000 to accommodate investor interest.
Mar 29, 2019 05:28 pm ET
Black Iron Closes First Tranche of Private Placement with Strategic Participation
Toronto, Ontario--(Newsfile Corp. - March 29, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron" or the "Company") has closed the first (the "First Tranche") of two planned tranches of its previously announced non-brokered private placement financing of units of the Company (the "Offering"). The Company issued 17,508,440 units (the "Units") at a price of $0.06 per Unit for gross proceeds of $1,050,506.
Mar 21, 2019 05:45 pm ET
Black Iron Announces Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - March 21, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron" or the "Company") announces it intends to complete a non-brokered private placement financing of up to 25,000,000 units of the Company (the "Units") at a price of $0.06 per Unit for maximum gross proceeds of $1,500,000 (the "Offering"). Each Unit shall consist of one common share of the Company (each a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant") entitling the holder to acquire a Common Share at a price of $0.09 for a period of three years from the date of issuance. In the event that the Common Shares of the Company trade at $0.15 or higher on the Toronto Stock Exchange for a period of 10 consecutive days, the Company shall have the right to accelerate the expiry date of the Warrants to the date that is 30 days after the Company issues a news release announcing that it has elected to exercise the acceleration right.
Mar 14, 2019 08:30 am ET
Black Iron Makes Progress to Secure Key Land
Toronto, Ontario--(Newsfile Corp. - March 14, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron" or the "Company") is pleased to announce that Ukraine's Ministry of Defence ("MOD") has developed a plan to transfer the parcel of land originally sought by the Company as a location of the processing plant, tailings and waste rock for its Shymanivske iron ore project (the "Project"), as outlined in the Company's re-scoped Preliminary Economic Assessment ("PEA"). The parcel of land proposed by Ukraine's MOD to Black Iron in September 2018 was deemed unsuitable from a social and environmental standpoint, whereas the newly proposed parcel of land is ideal.
Feb 20, 2019 08:30 am ET
Black Iron Signs MOU with Glencore for Funding Construction of the Shymanivske Iron Ore Project
Toronto, Ontario--(Newsfile Corp. - February 20, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron") is pleased to announce the signing of a non-binding Memorandum of Understanding (the "MOU") with a subsidiary of Glencore plc ("Glencore"), pursuant to which the parties agree to engage in formal negotiations to finance the construction of the Shymanivske Iron Ore Project (the "Project").
Feb 20, 2019 08:30 am ET
Black Iron Signs MOU With Glencore for Funding Construction of the Shymanivske Iron Ore Project
via NetworkWire -- Black Iron Inc. (“Black Iron”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) is pleased to announce the signing of a non-binding Memorandum of Understanding (the “MOU”) with a subsidiary of Glencore plc (“Glencore”), pursuant to which...
Feb 14, 2019 08:30 am ET
Black Iron: Spike in Iron Ore Prices Supports Economics of Shymanivske Project
Iron ore prices up ~25% YTD with 65% iron content product currently selling for US$106/tonne as of February 12, 2019; Black Iron plans to produce a 68% iron content product
Feb 14, 2019 08:30 am ET
Black Iron: Spike in Iron Ore Prices Supports Economics of Shymanivske Project
via NetworkWire – Black Iron Inc. (“Black Iron”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) reaffirms the economic projections for its Shymanivske project, citing a weeks-long surge in iron ore prices after one of the world’s largest iron ore producers...
Feb 13, 2019 08:30 am ET
Black Iron Inc. Discusses Unique Position in the Iron Ore Sector in Exclusive NetworkNewsWire Interview
via NetworkNewsAudio - NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview...
Jan 31, 2019 08:30 am ET
Coverage Initiated for Black Iron Inc. via NetworkNewsWire
via NetworkWire – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company advancing to production its wholly owned Shymanivske high-grade Iron Ore Project located in Krivyi Rih, Ukraine, today...
Dec 19, 2018 09:43 am ET
Black Iron Year-End Update on Shymanviske Advancement
Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) continues to advance the Shymanivske Iron Ore Project (“Shymanivske” or the “Project”) towards construction.  In the second half of this year, the Company hosted...
Nov 06, 2018 08:30 am ET
Why High-Grade Iron Ore is Poised to Rise and How to Invest
Redondo Beach, California--(Newsfile Corp. - November 6, 2018) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering what's driving iron-ore prices and why investors may want to diversify into development-stage opportunities, like Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN).
Oct 19, 2018 08:30 am ET
Reinforce Your Portfolio by Diversifying into Iron Ore -- SECFilings.com
via NEWMEDIAWIRE -- SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering what’s driving iron-ore prices higher and why investors may...
Sep 24, 2018 10:35 am ET
Iron-Ores Rally Could Present an Opportunity for Investors -- SECFilings.com
Redondo Beach, California--(Newsfile Corp. - September 24, 2018) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN).
Sep 24, 2018 09:00 am ET
Iron-Ores Rally Could Present an Opportunity for Investors -- SECFilings.com
via NEWMEDIAWIRE – SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (FRANKFURT: BIN)....
Sep 04, 2018 07:00 am ET
Black Iron Makes Advancements on Land Rights and Construction Financing
Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) management are pleased to announce that the Company has received a formal proposal from Ukraine’s government to lease to the Company a plot of land connected to...
Jun 27, 2018 04:20 pm ET
Black Iron Announces AGM Results
Black Iron Inc. (“Black Iron” or the “Company”) (TSX:BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 29, 2018 were elected as directors of the...
May 09, 2018 07:30 am ET
Black Iron’s Product Versatility Confirmed by Chinese Study
Black Iron Inc. (“Black Iron” or the “Company”) (TSX:BKI) (OTC:BKIRF) (FRANKFURT:BIN) is pleased to announce the positive results of a recently completed technical study undertaken to evaluate the suitability of the iron content product expected to...
May 02, 2018 07:30 am ET
Black Iron Ranked by CRU as the Lowest Cost Pellet Feed Iron Ore Development Project
TORONTO, May 02, 2018 (GLOBE NEWSWIRE) -- Black Iron Inc. (“Black Iron” or the “Company”) (TSX:BKI) (OTC:BKIRF) (FRANKFURT:BIN) is pleased to announce the positive results of a study commissioned by Black Iron to determine the Company’s position on...
Mar 12, 2018 07:00 am ET
Black Iron Makes Significant Advancements Towards Construction of Shymanivske
TORONTO, March 12, 2018 (GLOBE NEWSWIRE) -- Black Iron Inc. (“Black Iron” or the “Company”) (TSX:BKI) (OTC:BKIRF) (FRANKFURT:BIN) continues to advance the Shymanivske Iron Ore Project (“Shymanivske” or the “Project”) towards construction.  The Company has made significant progress...
Mar 05, 2018 08:38 am ET
Black Iron Not Impacted by Proposed United States Steel Tariffs
TORONTO, March 05, 2018 (GLOBE NEWSWIRE) -- Black Iron Inc. (“Black Iron” or the “Company”) (TSX:BKI) (OTC:BKIRF) (FRANKFURT:BIN) responds to statements made by the President of the United States (“U.S.”), Donald Trump, who has indicated his intention to impose...
Feb 26, 2018 08:00 am ET
Are You Capitalizing on Rising Iron-Ore Prices -- SECFilings.com
REDONDO BEACH, Calif., Feb. 26, 2018 (GLOBE NEWSWIRE) -- SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering Black Iron Inc. (TSX:BKI), an iron-ore mining company...
Jan 29, 2018 09:13 am ET
Black Iron CEO Outlines Turnaround Potential in Exclusive SECFilings.com Interview
REDONDO BEACH, Calif., Jan. 29, 2018 (GLOBE NEWSWIRE) -- SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article and exclusive CEO interview covering Black Iron...
Jan 22, 2018 08:00 am ET
Black Iron: A Low Cost High Grade Turnaround Iron Ore Play - SECFilings.com
Redondo Beach CA , Jan. 22, 2018 (GLOBE NEWSWIRE) -- SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article discussing Black Iron Inc.   (TSX: BKI) (OTC:...
Dec 14, 2017 07:00 am ET
Black Iron Files Re-scoped Preliminary Economic Assessment Report for Phased Build Showing Post Tax 36.1% IRR and NPV of US$1.6 Billion
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI)(OTC PINK: BKIRF) has filed on SEDAR its National Instrument 43-101 Technical Report entitled "Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" effective November 21, 2017 (the "re-scoped PEA") for its Shymanivske iron ore project located in Kryvyi Rih, Ukraine (the "Project").
Dec 14, 2017 06:58 am ET
Black Iron Files Re-scoped Preliminary Economic Assessment Report for Phased Build Showing Post Tax 36.1% IRR and NPV of US$1.6 Billion
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF) has filed on SEDAR its National Instrument 43-101 Technical Report entitled "Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" effective November...
Nov 21, 2017 07:00 am ET
Black Iron's New Preliminary Economic Assessment Shows Highly Favourable Returns Including 36.1% IRR Post Tax
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) (FRANKFURT: BIN) has received the results from BBA Inc. ("BBA") for a new Preliminary Economic Assessment ("PEA") that incorporates, among other things, a two-phased build out of the mine and production plant along with updated iron ore selling prices and Ukraine's favourable currency exchange rates for its Shymanivske iron ore project in Kryviy Rih, Ukraine (the "Project"). The updated PEA outlines a first phase operation producing 4Mtpa of ultra high-grade, low impurity, 68% Fe
Nov 21, 2017 06:58 am ET
Black Iron's New Preliminary Economic Assessment Shows Highly Favourable Returns Including 36.1% IRR Post Tax
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) (FRANKFURT:BIN) has received the results from BBA Inc. ("BBA") for a new Preliminary Economic Assessment ("PEA") that incorporates, among other things, a two-phased build out of the mine and...
Nov 08, 2017 08:24 am ET
Black Iron Hires Experienced Iron Ore Marketer to Initiate Offtake and Construction Financing Outreach
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) is pleased to announce the hiring of Bill Hart as Senior Vice President Corporate Development. Mr. Hart's main responsibility will be to reach out to his extensive list of relationships with steel mills and trading houses to solicit interest for companies to invest in the construction of Black Iron's Shymanivske iron ore project pursuant to an offtake or constructing financing arrangement.
Nov 08, 2017 08:24 am ET
Black Iron Hires Experienced Iron Ore Marketer to Initiate Offtake and Construction Financing Outreach
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) is pleased to announce the hiring of Bill Hart as Senior Vice President Corporate Development. Mr. Hart's main responsibility will be to reach out to his extensive list of relationships...
Oct 30, 2017 07:30 am ET
Black Iron Provides Update on Go Forward Development Plan
The following is an update on the activities Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) is undertaking to increase shareholder value and move our flagship Shymanivske iron ore project (the "Project") forwards towards production. The following is a brief history of the Company:
Oct 30, 2017 07:28 am ET
Black Iron Provides Update on Go Forward Development Plan
The following is an update on the activities Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) is undertaking to increase shareholder value and move our flagship Shymanivske iron ore project (the "Project") forwards towards...
Aug 11, 2017 12:23 pm ET
Black Iron CEO to Participate in a Live Video Interview on August 14, 2017
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) Chief Executive Officer, Matt Simpson, will participate in a live video interview with Proactive Investors on Monday, August 14, 2017. On July 19, 2017, Black Iron announced the...
Aug 11, 2017 12:23 pm ET
Black Iron CEO to Participate in a Live Video Interview on August 14, 2017
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) Chief Executive Officer, Matt Simpson, will participate in a live video interview with Proactive Investors on Monday, August 14, 2017.
Jul 19, 2017 07:30 am ET
Black Iron Engages BBA to Develop Revised PEA Based on Favourable Ukraine Exchange Rate & Phased Plant Development
Having recently received extremely encouraging results from an order of magnitude economic estimate, Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) has decided to proceed with a new Preliminary Economic Assessment ("PEA") on its 100% owned Shymanivske Project ("Project"). The order of magnitude estimate was conducted to validate management's belief that the Project has maintained its economic viability given major changes that have occurred in both iron ore sales prices and Ukraine exchange rates. Although completed by a top tier
Jul 19, 2017 07:28 am ET
Black Iron Engages BBA to Develop Revised PEA Based on Favourable Ukraine Exchange Rate & Phased Plant Development
Having recently received extremely encouraging results from an order of magnitude economic estimate, Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) has decided to proceed with a new Preliminary Economic Assessment ("PEA") on its 100%...
May 31, 2017 05:00 pm ET
Black Iron Announces AGM Results
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 2, 2017 were elected as directors of the Company at the annual and general meeting of shareholders of the Company (the "Meeting") held on May 31, 2017. At the Meeting, shareholders also approved the appointment of the Company's auditors, KPMG LLP. Black Iron would like to thank its shareholders for their participation and continuing support.
May 31, 2017 04:58 pm ET
Black Iron Announces AGM Results
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 2, 2017 were elected as directors of the...
May 10, 2017 08:00 am ET
President of Black Iron Acquires Shares & Black Iron Engages Conduit Investor Relations
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI)(FRANKFURT: BIN) is pleased to announce that Michael Spektor, Black Iron's recently appointed President, has started to acquire a considerable number of Black Iron shares on the Toronto Stock Exchange given his strong belief in the future development of the Shymanivske iron ore project. Mr. Spektor now owns 1,775,000 Black Iron common shares.
May 10, 2017 07:58 am ET
President of Black Iron Acquires Shares & Black Iron Engages Conduit Investor Relations
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that Michael Spektor, Black Iron's recently appointed President, has started to acquire a considerable number of Black Iron shares on the Toronto...
Mar 29, 2017 05:00 pm ET
Black Iron Recieves Approval from Kryviy Rih City Council to Initiate Land Allotment Process
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI)(FRANKFURT: BIN) is pleased to announce that Shymanivske Steel LLC ("Shymanivske Steel"), Black Iron's wholly owned Ukrainian subsidiary, has obtained approval from the Kryviy Rih City Council to prepare a land allotment plan in connection with Shymanivske Steel's proposal to lease the surface rights for the Shymanivske iron ore project from the city of Kryviy Rih. The land allotment plan is a detailed report to be prepared by Shymanivske Steel to show the city of Kryviy Rih how Shymanivske Steel proposes
Mar 29, 2017 04:58 pm ET
Black Iron Recieves Approval from Kryviy Rih City Council to Initiate Land Allotment Process
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that Shymanivske Steel LLC ("Shymanivske Steel"), Black Iron's wholly owned Ukrainian subsidiary, has obtained approval from the Kryviy Rih City Council...
Mar 22, 2017 04:30 pm ET
Black Iron: Suspensions Lifted on the Shymanivske Project
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) is pleased to report that the Company has received written notice from the Dnepropetrvosk Ecology Department (the "Ecology Department") that the suspensions on exploration activities imposed by the Ecology Department on the Company's Shymanivske project in 2011 and 2012 have been lifted.
Mar 22, 2017 04:28 pm ET
Black Iron: Suspensions Lifted on the Shymanivske Project
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) is pleased to report that the Company has received written notice from the Dnepropetrvosk Ecology Department (the "Ecology Department") that the suspensions on exploration activities imposed...
Feb 07, 2017 07:58 am ET
Black Iron Strengthens Management Team to Accelerate Shymanivske Project Development
BLACK IRON APPOINTS MICHAEL SPEKTOR, A HIGHLY SUCCESSFUL UKRAINE BUSINESSMAN AND THE FORMER CEO OF UKRAINE BASED VS ENERGY INTERNATIONAL LLC, AS PRESIDENT VS ENERGY INTERNATIONAL IS A UKRANIAN CONGLOMERATE WHICH OWNS ONE...
Jan 23, 2017 07:30 am ET
Black Iron - Public Hearing to Obtain Surface Rights at the Shymanivske Project Completed & Iron Ore Prices Rising
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI)(FRANKFURT: BIN) is pleased to announce that, as required by local law, a public hearing to obtain feedback on the city of Kryviy Rih's plans to include the surface rights for the area upon which Black Iron's Shymanivske project resides (the "Shymanivske Land") in the city's territorial plan (an official city map which indicates how land in the city of Kryviy Rih will be used) was recently completed. Pursuant to Ukrainian law, a special committee of the Kryviy Rih city council, has also been created to
Jan 23, 2017 07:28 am ET
Black Iron - Public Hearing to Obtain Surface Rights at the Shymanivske Project Completed & Iron Ore Prices Rising
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that, as required by local law, a public hearing to obtain feedback on the city of Kryviy Rih's plans to include the surface rights for the area upon...
Sep 01, 2016 07:30 am ET
Black Iron Announces AGM Results & Provides Project Update
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated July 18, 2016 were elected as directors of the Company at the annual and general meeting of shareholders of the Company (the "Meeting") held on August 16, 2016. At the Meeting, Shareholders also approved the appointment of the Company's auditors. Black Iron would like to thank shareholders for their participation and continuing support.
Sep 01, 2016 07:28 am ET
Black Iron Announces AGM Results & Provides Project Update
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated July 18, 2016 were elected as directors of the...
May 19, 2016 09:23 am ET
Black Iron Annnounces $4M Investment Into Carpathian Gold & Appointment of Representatives to Carpathian Gold Board and Management Team
Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI) has entered into an agreement with Carpathian Gold Inc. (CSE: CPN) ("Carpathian") to acquire 57,142,857 units (the "Units"), or 6.3% of the issued and outstanding shares of Carpathian, at a price of CAD$0.07 per Unit, for total consideration of CAD$4 million. Each Unit consist of one common share of Carpathian and one-half of a common share purchase warrant ("Warrant"). Each whole Warrant will allow Black Iron to acquire one common share of Carpathian at a price of CAD$0.12 for a
May 19, 2016 09:23 am ET
Black Iron Annnounces $4M Investment Into Carpathian Gold & Appointment of Representatives to Carpathian Gold Board and Management Team
Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) has entered into an agreement with Carpathian Gold Inc. (CSE:CPN) ("Carpathian") to acquire 57,142,857 units (the "Units"), or 6.3% of the issued and outstanding shares of Carpathian, at a...