RAB Capital Holdings Limited , a private investment holding corporation owned by Mr. William Philip Richards, reports that, on July 21, 2021, it purchased 1,500,000 common shares of Black Iron Inc. pursuant to a short form prospectus offering, at a price of $0.40 per share for aggregate consideration of $600,000. RAB Capital now beneficially owns [...]
Black Iron Inc. is pleased to announce that it has closed its previously announced short form prospectus offering, including the full exercise of the over-allotment option, raising gross proceeds of $11.5 million for the Company through the issuance of 28,750,000 common shares of the Company at a price of $0.40 per Share . The Offering is subject [...]
Black Iron Inc. announces that its previously-announced marketed public offering of common shares of the Company will consist of up to 25,000,000 Shares for gross proceeds of up to C$10 million. In respect of the foregoing, Black Iron will file today an amended and restated preliminary short form prospectus , to amend and restate the preliminary [...]
Black Iron Inc. is pleased to announce that Wood PLC has initiated work on the completion of an updated Feasibility Study for the Company's Shymanivske Iron Ore Project based on a phased buildout from 4Mtpa to 8Mtpa of premium 68% grade pellet feed. Wood's personnel have extensive experience in the development of major resources projects, spanning [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
