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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. 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

Post by 6pako6on Aug 10, 2021 11:10am
207 Views
Post# 33678101

Webinar Resume

Webinar Resume

MAJOR MILSTONES DELIVERED IN 2021/2022

 

By year end 2021:

 

  1. Binding Offtake agreement with Cargill
  2. Binding land transfer agreement whit Ukraine’s Ministry of Defence
  3. Investment & Tax savings agreement whit Ukraine’s Government 

 

For 2022:

 

  1. Updated feasibility study completion (Fev/March)
  2. Environmental & Social Impact assessment completion (March)
  3. Binding $100m royalty investment agreement (Mai)
  4. Secure debt for project construction
  5. Construction (June)
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