Black Iron Inc., as part of providing reassurance to potential investors regarding project construction, has renewed its letter of intent with TransInvestServis for storage and cape-size ship loading capacity of up to 8.0 Mtpa at TIS’ privately owned berth at Port Yuzhny to match the projected production from the phased build of Black [...]
Black Iron Inc. announces that it has appointed Cutfield Freeman & Co Ltd as its international financial advisor to negotiate and structure funding for construction of its Shymanivske iron ore project. On the back of signing a Memorandum of Understanding with Glencore that contemplates funding a significant portion of the cost to construct [...]
Black Iron Inc. has renewed its Letter of Intent with Ukraine's National Railway to provide up to 10 Mtpa of capacity to move product from the railway line located within two kilometers of Black Iron's Shymanivske Project to Port Yuzhny, a deep water port in the Black Sea. As Black Iron moves closer to commencing construction of the Project, it is [...]
Black Iron Inc. announces that it has upsized and closed the second and final tranche of its previously announced non-brokered private placement of units of the Company. Pursuant to the Second Tranche, the Company issued a total of 9,043,950 units at a price of $0.06 per Unit for gross proceeds of $542,637. Combined with the closing of the first [...]
Black Iron Inc. has closed the first of two planned tranches of its previously announced non-brokered private placement financing of units of the Company . The Company issued 17,508,440 units at a price of $0.06 per Unit for gross proceeds of $1,050,506. Certain insiders of the Company, including members of senior management and the board of [...]
Black Iron announces it intends to complete a non-brokered private placement financing of up to 25,000,000 units of the Company at a price of $0.06 per Unit for maximum gross proceeds of $1,500,000 . Each Unit shall consist of one common share of the Company and one-half of one common share purchase warrant entitling the holder to acquire a Common [...]
Black Iron Inc. is pleased to announce that Ukraine's Ministry of Defence has developed a plan to transfer the parcel of land originally sought by the Company as a location of the processing plant, tailings and waste rock for its Shymanivske iron ore project , as outlined in the Company's re-scoped Preliminary Economic Assessment . The parcel of [...]
Black Iron Inc. is pleased to announce the signing of a non-binding Memorandum of Understanding with a subsidiary of Glencore plc , pursuant to which the parties agree to engage in formal negotiations to finance the construction of the Shymanivske Iron Ore Project . The MOU contemplates Glencore making an investment to help fund construction of the [...]
Black Iron Inc. continues to advance the Shymanivske Iron Ore Project towards construction. In the second half of this year, the Company hosted a few multibillion-dollar companies at site as part of their due diligence to fund a portion of Project construction in exchange for purchase of the ultra high grade 68% iron content pellet feed iron [...]
SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering what's driving iron-ore prices and why investors may want to diversify into development-stage opportunities, like Black Iron Inc.. . Benchmark iron ore prices have risen from less [...]
SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering Black Iron Inc. . There's no doubt that commodity prices have been under pressure this year. Silver and copper are both down nearly 20 percent, platinum is down more than ten percent [...]
