Black Iron Inc. announces that it has filed a preliminary short form prospectus with the securities commissions in each of the Provinces of Canada, in connection with a marketed public offering of common shares of the Company for aggregate gross proceeds of approximately C$10 million. The price of the Offering will be determined in the context of the market. The Offering is being conducted on a "best efforts" agency basis [...]
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 26, 2021 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 John [...]
Black Iron Inc. announces that the production of steel using Black Iron's anticipated high grade 68% iron magnetite pellet feed reduces green house gas 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 [...]
RAB Capital Holdings Limited reports that, on May 20, 2021, it exercised 9,200,000 warrants of Black Iron Inc., at a price of $0.06 per share for aggregate consideration of $552,000. RAB Capital now beneficially owns and controls 36,800,000 Black Iron shares. Prior to this investment acquisition transaction RAB Capital beneficially owned 27,600,000 shares and 9,200,000 warrants of Black Iron representing approximately [...]
Black Iron Inc. announces that the Company's largest shareholder RAB Capital Holdings Limited has exercised 9.2 million warrants to increase its holding of common shares of the Company from 10.5% to 13.5%. RAB Capital Co-Founder and President Phillip Richards stated: "RAB Capital is pleased to exercise all of its warrants in support of the Black Iron management and their development plans. RAB is excited by the [...]
Black Iron Inc. 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. Zenon Potoczny is currently the president-elect of the Canada-Ukraine Chamber of Commerce, VP Operations for the Ukrainian World Congress and Director of Sweden publicly listed Zhoda Investments. Zenon has successfully built [...]
HIGH-US$75M FINANCE FACILITY For Immediate Release TORONTO, ON, May 10, 2021 - Black Iron Inc. is pleased to announce that it has selected Cargill, Incorporated for offtake rights on the initial four million tonnes per year of production from its Shymanivske iron ore project and a US$75 million finance facility to be used for Project construction. Subject to completion of due diligence and successful conclusion of [...]
Black Iron Inc. is pleased to announce that it has selected Cargill, Incorporated for offtake rights on the initial four million tonnes per year of production from its Shymanivske iron ore project and a US$75 million finance facility to be used for Project construction. Subject to completion of due diligence and successful conclusion of negotiations, Cargill will offtake the production and extend financing of US$75 [...]
Black Iron Inc. 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 million tonnes per annum of production from Black Iron's Shymanivske iron ore project at a slight discount to market price in exchange for making a significant investment towards project construction. Matt Simpson, Black Iron's CEO [...]
Black Iron Inc. is pleased to announce the engagement of Environmental Resources Management to conduct an environmental and social impact assessment on its Shymanivske iron ore 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 benefits in an economical [...]
Black Iron Inc. 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: Lower taxes - exemption from corporate [...]
Black Iron Inc. ; ; 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 number to access [...]
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