Black Iron Inc. BKIRF Archives

FridayJun 28, 2019 9:41 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Making Progress to Secure Essential Land for Shymanivske Project Construction

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Thursday announced that it is making good progress to secure essential land for its Shymanivske project construction. According to the update, the company has recently reached an agreement with Ukraine's Ministry of Defence on the coordinates for a parcel of land that, subject to preconditions currently under negotiation, it is willing to turn over to Black Iron. The year to date 45% increase in the sale price of iron ore is helping attract potential investors to finance construction of Black Iron's Shymanivske project. Currently,…

WednesdayJun 05, 2019 10:42 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Renews Access Agreements for Port and Power

Canadian iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced the renewal of its letter of intent (“LOI”) with TransInvestServis (“TIS”) for storage and cape-size ship loading capacity at TIS’ privately owned berth at Port Yuzhny in an effort to match projected production from the phased build of Black Iron’s Shymanivske Project. In addition, the company has renewed its LOI with DTEK DNIPRO GRIDS JSC to secure the required electricity to operate the mine and processing plant. “Renewal of our major infrastructure LOIs is important to provide confidence for investors in…

TuesdayMay 21, 2019 12:13 pm

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Engages Cutfield Freeman to Negotiate, Structure Funding for Shymanivske Project

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced its appointment of Cutfield Freeman & Co Ltd as its international financial advisor to negotiate and structure funding for construction of its Shymanivske iron ore project. “Black Iron selected Cutfield Freeman after a comprehensive process undertaken by the company given their extensive experience in securing construction financing for junior mining companies and global reach,” Black Iron CEO Matt Simpson said in the news release. “Having very experienced mine finance Managing Directors located in Europe and Asia, where project financing is most likely…

ThursdayMay 16, 2019 1:02 pm

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Secures Rail Transportation Capacity for Shymanivske Project

Black Iron and Ukraine’s National Railway have signed an updated letter of intent, securing transportation capacity for the iron ore to be derived in the future from the Shymanivske project As Black Iron comes closer to initiating Shymanivske construction, it is renewing letters of intent for all of the vital infrastructure that will be required for the mining and transportation of iron ore The company is also carrying out discussions with banks and financial entities to secure the financing necessary to commence construction and mining at a time when iron ore prices continue to climb Black Iron Inc. (TSX: BKI)…

WednesdayMay 15, 2019 1:39 pm

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advances Efforts to Launch Ukrainian Iron Project as Market Prices Continue to Rise

Black Iron is working to fund the launch of its wholly owned Ukrainian iron ore project by the end of the year, recently closing a more than $1.5 million private placement Iron ore market prices continue climbing amid supply setbacks elsewhere in the world, and some analysts anticipate the possibility of $100 per metric ton soon Ukraine’s Kryvyi Rih region is one of the country’s most prolific for iron deposits, spawning a number of mines and processing facilities Mine developer Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) continues to foresee a great potential opportunity in rising iron market…

TuesdayMay 14, 2019 3:04 pm

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) to Utilize Private Placement Proceeds for Project Advancement

Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company recently closed the final tranche of a private placement of units. The company has maintained its focus of advancing the development of its wholly owned Shymanivske iron ore project toward construction. An article discussing the company reads, “The funds generated through the nonbrokered private placement are earmarked for securing essential land surface rights and furthering the advancement of Shymanivske iron ore project construction and financing. . . . Pursuant to the closing of the second tranche, the company issued 9,043,950 units at a price…

ThursdayMay 09, 2019 11:55 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Renews LOI Securing Key Rail Capacity for Shymanivske Project

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced its renewal of a Letter of Intent (“LOI”) with Ukraine’s National Railway. Under the agreement, the railway will provide up to 10 Mtpa of capacity to move product from the line located within two kilometers of Black Iron’s Shymanivske Project to Port Yuzhny, a deep water port in the Black Sea. Per the update, unlike many other start-up iron ore mines, the Shymanivske Project has ready accessibility to all essential infrastructure needed for its operation, and Black Iron is renewing vital LOIs…

TuesdayMay 07, 2019 12:39 pm

Black Iron Inc.’s (TSX: BKI) (OTC: BKIRF) (GR: BIN) Ultra-Premium Iron Ore Deposit Projected to Command Top Price

Project offers short transport distance to steel growth markets of Turkey, Egypt and the Middle East, with rail, port and power-access secured Premium 68 percent iron content pellet feed generates fewer emissions per ton of steel and at a lower cost due to increased steel blast furnace productivity Global crude steel output was up nearly 5 percent in March over the prior year, rising to 155 million tons Canadian iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is advancing its Shymanivske iron ore deposit located in the historically rich Krivyi Rih region of Ukraine…

WednesdayMay 01, 2019 2:28 pm

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Poised for Significant Growth as Shymanivske Project Progresses

Canadian iron ore exploration and development company Black Iron’s (TSX: BKI) (OTC: BKIRF) (GR: BIN) primary focus is on the advancement of its Shymanivske iron ore project located in the historically rich Kryvyi Rih region of Ukraine. Construction at the Shymanivske iron ore mine is anticipated to commence within the next year. An article discussing the company reads, “Recently, Black Iron closed the second and final tranche of its earlier announced nonbrokered private placement of units (http://ibn.fm/IcRko). The company intends to use the net proceeds of the offering to secure essential land surface rights and further discussions on construction financing, as…

FridayApr 26, 2019 10:07 am

Private Placement Financing Expected to Advance Black Iron Inc.’s (TSX: BKI) (OTC: BKIRF) (GR: BIN) Shymanivske Iron Ore Project

The second and final tranche of a Black Iron private placement will contribute to gross proceeds exceeding $1.59 million; these funds are expected to be used for Shymanivske iron ore project advancement Black Iron needs the financial resources to secure essential land surface rights and to further discussions surrounding project construction financing The company also announced discussions with the Ukrainian Ministry of Defense regarding the transfer of a parcel of land to be used for the construction of its processing plant and waste rock storage facility Toronto-based Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) recently closed the second…

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