Black Iron Inc T.BKI

Alternate Symbol(s): BKIRF

Steel Steel

Black Iron Inc. is a Canada-based iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine. The Shymanivske project is surrounded by five operating iron ore mines, including various owned by Metinvest and ArcelorMittal’s iron ore complex. The Property is situated in the Kryvyi Rih iron ore basin, located in the Dnepropetrovsk region of Ukraine (Central Ukraine). The Company holds an interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske project. The project is located in proximity of infrastructure, including rail, power, water and ports.

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Black Iron Inc

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Post by Mxrider87on Dec 30, 2020 11:05am

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Dec 30 2020,,

Funding source Amount (US$) Status Royalty $100 million Non-binding term sheet signed Construction company $65 million Heads of agreement signed x2 Offtake TBD million Non-binding term sheets received Senior Debt $260 - 300 million Non-binding term sheets received

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