Black Iron Inc. is please to announce the appointment of Stephen Woodhead as Chief Financial Officer of the Company, effective immediately. Mr. Woodhead is a graduate of the University of Cape Town and a member of the South African Institute of Chartered Accountants. Mr. Woodhead has over 30 years of experience in the resource sector, having worked for Trans Hex Group, a South African diamond producer, before relocating [...]
Lease covers 248ha of Kryvyi Rih City owned land upon which a large portion of Black Iron's Shymanivske Iron Ore body is located Land leased extends beyond envisaged iron ore pit boundaries close to Ministry of Defence land sought for future processing plant, tailings and waste rock stock piles Lease of this land is essential for completing the technical and environmental studies required as part of mining permit renewal [...]
Black Iron 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. In his speech, President Zelensky emphasized that [...]
Royalty investment of US$4 million strengthens Black Iron's balance sheet Anglo American secures offtake rights to at least 2.4 million tonnes per year for life of mine Anglo American has first offer and refusal rights to secure further offtake rights in exchange for funding at least 15% of the cost to construct each phase of the Shymanivske Iron Ore Project, which will produce an ultra-high-grade ~68% iron, uniquely [...]
Black Iron reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 26, 2024 were elected as directors of the Company at the annual and special 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. announces that Ukraine's Ministry of Economy has finalized all of its planned updates to the Investment Support Agreement legislation and is now accepting applications through Ukraine Invest. Black Iron's management and legal counsel are currently reviewing the legislation updates with the plan to resubmit the Investment Agreement application and supporting documentation as soon as possible. This is very [...]
Black Iron Inc. announces that it has received feedback from Ukraine's Ministry of Economy on its Investment Support 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 to Ukraine's Cabinet of Ministers for [...]
Black Iron Inc. is proud to have been a sponsor and have management participate in the second Rebuild Ukraine Business 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, companies from Canadian and [...]
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 [...]
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