Black Iron

Lease covers 248ha of Kryvyi Rih City owned land upon which a large portion of Black Iron's Shymanivske Iron Ore body is located Land leased extends beyond envisaged iron ore pit boundaries close to Ministry of Defence land sought for future processing plant, tailings and waste rock stock piles Lease of this land is essential for completing the technical and environmental studies required as part of mining permit renewal TORONTO, ON / ACCESS Newswire / January 28, 2025 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) is pleased to announce the signing of a legally binding multi-year land lease with the Kryvyi Rih City who own the surface rights upon which Black Iron's Shymanivske iron ore body is located (the "Land Lease"). The Land Lease covers 248ha of land critical for completion of currently ongoing Ukraine based environmental and engineering studies required as part of Special Permit No.» Mehr auf accessnewswire.com

Royalty investment of US$4 million strengthens Black Iron's balance sheet Anglo American secures offtake rights to at least 2.4 million tonnes per year for life of mine Anglo American has first offer and refusal rights to secure further offtake rights in exchange for funding at least 15% of the cost to construct each phase of the Shymanivske Iron Ore Project, which will produce an ultra-high-grade ~68% iron, uniquely positioned to meet the increasing global demand for green steel TORONTO, ON / ACCESSWIRE / November 7, 2024 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FWB:BIN) is pleased to announce the signing of a legally binding royalty agreement and offtake agreement (together, the "Transaction Documents") with Anglo American for a US$4 million royalty investment, offtake rights and future potential construction prepayments (the "Transaction"). Background Black Iron's Shymanivske Iron Ore Project (the "Project") located in Kryvyi Rih, central Ukraine, will be developed in two phases - with Phase 1 producing approximately 4 million tonnes per annum and Phase 2 production increasing to approximately 8 million tonnes per annum.» Mehr auf accesswire.com

TORONTO, June 04, 2024 (GLOBE NEWSWIRE) -- Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 26, 2024 were elected as directors of the Company at the annual and special meeting of shareholders of the Company (the “Meeting”) held today.» Mehr auf globenewswire.com