NR : Black Iron Engages Conduit Investor Relations President of Black Iron Acquires Shares & Black Iron Engages Conduit Investor Relations
TORONTO, ONTARIO--(Marketwired - May 10, 2017) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that Michael Spektor, Black Iron's recently appointed President, has started to acquire a considerable number of Black Iron shares on the Toronto Stock Exchange given his strong belief in the future development of the Shymanivske iron ore project. Mr. Spektor now owns 1,775,000 Black Iron common shares.
The Company is also pleased to announce that it has retained the services of Conduit Investor Relations Ltd. ("Conduit") to provide investor relations services, including increasing awareness of its high quality Shymanivske iron ore project. Conduit is an investor relations and corporate advisory business founded by Derek Wood. Mr. Wood has been involved in the Canadian Securities Industry for decades and has an established network of professional and retail market participants with an interest in small cap opportunities. Conduit will initiate contact with its network of market participants, as well as, current stakeholders, and other members of the financial community to introduce Black Iron as a compelling investment opportunity and keep them apprised of ongoing company developments.
Derek Wood commented: "Conduit only works with a very small number of select clients and is excited to be working with Black Iron. Before taking on a client, Conduit must believe that new and existing investors are likely to be well rewarded by the substantial creation of new wealth. Conduit works to understand the potential returns and risks associated with investing with a client and then works diligently to convey that message to market participants. Conduit is impressed with Black Iron's diverse and talented management team and board members and extremely confident that Black Iron's Shymanivske iron ore project is a world class deposit that will be brought into production."
https://www.blackiron.com/News/Press-Release-Details/2017/President-of-Black-Iron-Acquires-Shares--Black-Iron-Engages-Conduit-Investor-Relations/default.aspx