Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Seeks Private Placement Financing to Advance Shymanivske Project
The offering’s maximum proceeds are expected to reach $1.5 million The funds will be utilized to further construction at Shymanivske iron ore project, which is anticipated to begin just after year end Black Iron is currently working to secure surface rights and reports solid progress Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, recently announced plans to complete a non-brokered private placement financing of up to 25 million units of the company at a price of $0.06 per unit. The proceeds from the offering will be used to advance the Black…