Black Iron Inc.

TORONTO, ONTARIO--(Marketwired - Feb 11, 2014) - Black Iron Inc. (TSX:BKI)(FRANKFURT:BIN) - WATER, ROAD, EMERGENCY SERVICES AND TELECOM PROTOCOL OF INTENT AGREEMENTS HAVE ALL BEEN EXECUTED THE PROTOCOL OF INTENT AGREEMENTS TAKE EFFECT IMMEDIATELY AND REMAIN IN EFFECT UNTIL FULL COMMERCIAL CONTRACTS ARE EXECUTED METINVEST'S INITIAL US$20M INVESTMENT ON TRACK TO CLOSE WITHIN THE NEXT 30 DAYS [...]

Black Iron has amended its agreement with Dundee Securities Ltd. as previously announced in order to comply with the Toronto Stock Exchange's anti-dilution policy in spite of indications that substitute purchasers had been identified for the full amount of the original deal. The Underwriter has agreed to purchase, on a "bought deal" private placement basis, 17,680,000 units of the Company at a price of $0.17 per Unit for [...]

Black Iron has entered into an agreement with Dundee Securities whereby the Underwriter has agreed to purchase, on a "bought deal" private placement basis, 29,500,000 units of the Company at a price of $0.17 per Unit for total gross proceeds of $5,015,000. Each Unit shall consist of one common share of the Company and one common share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one common [...]

-- POSITIVE FEASIBILITY STUDY REPORT FILED ON SEDAR -- NO MATERIAL DIFFERENCES BETWEEN THE RESULTS ANNOUNCED IN PRESS RELEASE DATED JANUARY 23, 2014 -- UPDATED FEASIBILITY STUDY CONTAINS A COMPREHENSIVE MINE TO PORT COST BREAKDOWN OF THE SHYMANIVSKE IRON ORE PROJECT RESULTING IN 48% IRR, 2 YEAR PAYBACK AND US $3.3 BILLION NPV AT 8% DISCOUNT -- CURRENT FEASIBILITY STUDY OUTLINES A PLAN TO ACHIEVE 8% HIGHER ANNUAL [...]

Feasibility study outlines an operation producing 9.9 million tonnes per year of high-grade 68% iron ore concentrate, projecting a 48% IRR, 2 year payback and a US$3.3 billion NPV at an 8% discount rate Changing to wet cobbing at a finer particle size results in an increase from 10% to 40% rejection of waste rock prior to grinding and elimination of the second grinding stage resulting in a 14% reduction in total [...]

TORONTO, ONTARIO--(Marketwired - Jan 20, 2014) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) plans to release the results of its Current Bankable Feasibility Study ("BFS") for its wholly- owned Shymanivske Iron Ore Project in Kriyviy Rih, Ukraine prior to market open on January 23, 2014. Black Iron continues to advance its Shymanivske Project and de-risk its pathway to production. As [...]

TORONTO, ONTARIO--(Marketwired - Jan 15, 2014) - Black Iron Inc. (TSX:BKI)(FRANKFURT:BIN) - Rail Protocol (Letter) of Intent Agreement Executed to Secure Transfer of Up to 20 Million Tonnes of Iron Ore Annually Black Iron Inc. ("Black Iron" or the "Company") through its wholly owned subsidiary Shymanivske Steel LLC, an indirect, wholly-owned subsidiary of Black Iron, has executed a Protocol of Intent Agreement ("PIA [...]

TORONTO, ONTARIO--(Marketwired - Jan 9, 2014) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) - ALL TRANSACTION APPROVALS HAVE NOW BEEN OBTAINED INCLUDING ANTIMONOPOLY APPROVAL FROM UKRAINIAN AUTHORITIES STRATEGIC DEVELOPMENT ARRANGEMENT EXPECTED TO CLOSE WITHIN TWO MONTHS INCLUDING RECEIPT OF THE INITIAL US$20 MILLION INVESTMENT FROM METINVEST Black Iron Inc. and Metinvest B.V [...]

TORONTO, ONTARIO--(Marketwired - Nov 14, 2013) - The Next Biggest Winner, a leading and nationally televised investment show focusing on small-cap and mid-cap companies, is pleased to announce Episode 18 will be airing across Canada this weekend. Take a sneak peek here! EPISODE 18 GUESTS VentriPoint Diagnostics Ltd. (TSX VENTURE:VPT) Legend Gold Corp. (TSX VENTURE:LGN) Black Iron Inc....

TORONTO, ONTARIO--(Marketwired - Oct 22, 2013) - POWER SUPPLY PROTOCOL (LETTER) OF INTENT AGREEMENT EXECUTED TO SECURE PROJECTS ELECTRICAL POWER NEED NATURAL GAS CONFIRMATION NOTICE TO SECURE DELIVERY OF BULK NATURAL GAS SIGNED Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that Shymanivske Steel LLC, a wholly-owned subsidiary of Black Iron, has executed a Protocol of [...]