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BLACK IRON MAKES ADVANCEMENTS ON LAND RIGHTS AND CONSTRUCTION FINANCING

TORONTO, CANADA, September 4, 2018 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) management are pleased to announce that the Company has received a formal proposal from Ukraine’s government to lease to the Company a plot of land connected to the Company’s Shymanivske iron ore body (“Shymanivske” or