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Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

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.


TSX:BKI - Post by User

Comment by abcdefghijklmn1on Jul 21, 2021 3:51pm
119 Views
Post# 33582629

RE:RE:placement fully taken plus over allotment

RE:RE:placement fully taken plus over allotment

from the 7/16 short form prospectus:


"A *Ukrainian TEO is a mandatory Ukrainian feasibility study, similar to a feasibility study, and necessary before undertaking detailed engineering, procurement and construction studies at the Shymanivske Project. A Ukrainian TEO will be completed in parallel by a Ukraine Design Institute as required for in country permitting. These studies are being completed in parallel to ensure the feasibility study is compliant with Ukrainian design standards and building codes and likewise to ensure the Ukrainian TEO mine sequence and beneficiation plant design are identical to the feasibility study. Completion of the feasibility study and Ukrainian TEO is expected to occur in the first quarter of 2022."
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