Black Iron Inc. BKIRF Archives - Page 2 of 4

WednesdayApr 17, 2019 2:21 pm

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Anticipates Strong Economic Return from Shymanivske Project

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) anticipates commencing construction at its 100%-owned Shymanivske project by the end of 2019. An article discussing the company reads, “Upon its launch, Shymanivske is expected to produce ultra-high-grade 68% iron ore concentrate at a very low cost. The use of such ultra-high-grade iron ore in the production of steel generates an array of benefits, such as increased blast furnace productivity and reduced greenhouse emissions. . . . Because of this fact, as well as the climbing price of iron, Black Iron anticipates a strong economic…

TuesdayApr 16, 2019 11:29 am

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advancing Shymanivske Iron Ore Project, Closing Final Tranche of Private Placement

Black Iron Inc. is focusing on its Shymanivske iron ore project in Ukraine The company’s projects are in the heart of Ukraine’s iron ore belt Black Iron recently closed the final tranche of a private placement Based in Toronto, Ontario, Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is a Canadian iron ore exploration and development company. Its focus is on advancing to production its 100-percent-owned Shymanivske iron ore project in Krivyi Rih, Ukraine. This project is in a mining-friendly area surrounded by five other operating iron ore mines. Shymanivske is positioned 330 kilometers southeast of Kiev in central…

TuesdayApr 09, 2019 2:40 pm

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advancing Shymanivske Project Development

Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, is making strides in the development of its 100 percent owned Shymanivske iron ore deposit advantageously located in Kryvyi Rih, Ukraine. An article discussing the company reads, “Black Iron recently announced positive momentum in its search for a parcel of land suitable for the company’s processing plant, tailings and waste rock associated with the Shymanivske project (http://ibn.fm/0cYCx). . . . In a recent news release, Black Iron noted that Ukraine’s Ministry of Defense (“MOD”) has developed a plan to transfer the parcel of land outlined…

TuesdayApr 09, 2019 11:10 am

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Builds on Project Financing as Devastating Incidents Drive Iron Ore Prices Higher

Black Iron is working to secure financing and land to start construction of its low-cost Ukraine iron ore project The mine site is surrounded by other producing iron ore mines and located in close proximity to a railway, powerlines, five ports and skilled labor, allowing for a phased build Unexpected incidents in Brazil and Australia have caused significant market players to cut their yearly outlooks for iron ore production, leading to higher price forecasts The rise in commodity benchmark prices in the iron ore market on the heels of devastating industry setbacks in Brazil and Australia is indicating a corresponding…

FridayApr 05, 2019 10:14 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Announces Upsizing, Closing of Second and Final Tranche of Private Placement

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced that it has upsized and closed the second and final tranche of a previously announced non-brokered private placement of units of the company. According to the update and per the second tranche, the company issued 9,043,950 units, each at a price of $0.06, for gross proceeds of $542,637. Combined with the March 29, 2019 closing of the first tranche, Black Iron has issued a total of 26,552,390 units for gross proceeds of $1,593,143. To accommodate investor interest, the company upsized the offering…

WednesdayApr 03, 2019 10:11 am

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…

MondayApr 01, 2019 9:11 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Closes First of Two Planned Tranches of Private Placement

Iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Friday announced its closing of the first of two planned tranches of its previously announced non-brokered private placement of financing units. Per the update, Black Iron issued 17,508,440 units at a price of $0.06 per unit for gross proceeds of $1,050,506. The company intends to use the net proceeds of this first tranche to advance its Shymanivske project, including negotiations to secure essential land surface rights; to further discussions and negotiations on construction financing; and for general working capital purposes. Closing of the first…

WednesdayMar 27, 2019 12:16 pm

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Eyeing 2019 as Pivotal for Company Development and Primary Shymanivske Project

Canadian iron-ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) is seeing 2019 as a pivotal year in a market experiencing increased demand. A recent article discussing the company and its Shymanivske Iron Ore project reads, “The Canadian iron-ore exploration and development company is looking forward to the initiation of construction at the iron-ore project in Ukraine. The ultra-high-grade, iron-ore mine is situated in the southern part of the KrivBass iron-ore mining district. The region is highly developed, and it features all of the necessary infrastructure for sustainable, cost-effective iron ore production.” To view the full…

TuesdayMar 26, 2019 10:39 am

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Firming Up Details of Prime Land Transfer Agreement for Shymanivske Project

Ukraine's Ministry of Defense has developed plan to transfer key parcel of land to Black Iron for its Shymanivske iron ore deposit Black Iron is building a world class, high-value, low net cost project offering an ultra-high-grade iron ore concentrate Strong economic returns expected to be generated by the Shymanivske iron ore deposit reinforce this unique investment opportunity Shymanivske offers strategic location with underdeveloped resources and close proximity to target markets in Europe, the Middle East and Asia Canadian iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) continues to make solid progress advancing its…

FridayMar 22, 2019 9:50 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) to Complete a Private Placement Financing

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Thursday announced its intention to complete a non-brokered private placement financing of up to 25,000,000 company units, each at a price of $0.06 per unit, for maximum gross proceeds of $1,500,000. According to the update, the company plans to use the net proceeds to advance Black Iron’s Shymanivske project, including to further discussions and negotiations to secure essential land surface rights and construction financing, as well as for general working capital. Each unit will consist of one common share of the company and one-half…

Site Search

Company Search

Tag: Black Iron Inc. BKIRF