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 [...]
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 [...]
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 [...]
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 [...]
Black Iron Inc. management recently hosted representatives from a company interested to secure offtake rights from the Shymanivske iron ore project at site in Ukraine as part of the currently ongoing competitive offtake process involving several steel mills and global traders. These companies are interested to secure the rights to purchase Black [...]
Black Iron Inc. ; ; 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. Matt Simpson, CEO of Black Iron, stated: "This major planned investment from a high caliber institution is game-changing for Black Iron. It aims to provide the company [...]
As an update on Black Iron Inc.'s 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 [...]
Black Iron Inc. 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 [...]
Black Iron Inc. 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 [...]
Black Iron Inc. announces that it has elected to accelerate the expiry date of the common share purchase warrants dated March 29, 2019 and April 5, 2019 . The Warrants were issued in connection with a private placement of units, with each share purchase warrant being exercisable into one additional common share of the Company at a price of $0.09 [...]
Black Iron Inc. 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 held on July 13, 2020. Detailed results of the vote for the election of directors [...]
Black Iron Inc., 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. The following is an excerpt from the article: "stressed that economic [...]
