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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. The Shymanivske Project is located near the city of Kryvyi Rih, in the Dnepropetrovsk Region of Ukraine near two large producing iron ore mines. The Project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore complex. It holds an iron ore mining extraction permit over 2.56 square kilometers of land. Its subsidiary is Black Iron (Cyprus) Limited.


TSX:BKI - Post by User

Black Iron Inc > Offtake
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Comment by SomeFromNoneon May 10, 2021 9:39am
162 Views
Post# 33164042

RE:RE:RE:RE:Offtake

RE:RE:RE:RE:Offtake
as stated on page 9 of the investor presentation, the other 60% is coming from bank debt, not share dilution. They already have "expressions of interest from European banks and export credit agencies to provide US$250 to 300 million of debt" as noted here: https://www.yahoo.com/now/black-iron-project-construction-financing-123000468.html
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