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 [...]
Black Iron Inc. 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]