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BLACK IRON RENEWS ACCESS AGREEMENTS FOR PORT AND POWER & PROVIDES PROJECT UPDATE

TORONTO, June 5th, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN), as part of providing reassurance to potential investors regarding project construction, has renewed its letter of intent (“LOI”) with TransInvestServis (“TIS”) for storage and cape-size ship loading capacity of up to 8.0 Mtpa (+/-15%) at TIS’

BLACK IRON APPOINTS CUTFIELD FREEMAN AS INTERNATIONAL FINANCIAL ADVISOR

TORONTO, CANADA, May 21, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN), announces that it has appointed Cutfield Freeman & Co Ltd (“Cutfield Freeman”) as its international financial advisor to negotiate and structure funding for construction of its Shymanivske iron ore project (“Shymanivske” or the “Project”). On

BLACK IRON RENEWS LETTER OF INTENT FOR KEY RAIL CAPACITY FOR THE SHYMANIVSKE PROJECT

TORONTO, CANADA, May 9, 2019 – Black Iron Inc. (“Black Iron” ) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) has renewed its Letter of Intent (“LOI”) with Ukraine’s National Railway to provide up to 10 Mtpa of capacity to move product from the railway line located within two kilometers of Black Iron’s Shymanivske Project (“the Project”)

BLACK IRON CLOSES UPSIZED AND FULLY SUBSCRIBED FINAL TRANCHE OF PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, CANADA, April 5, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN), an iron ore development project ranked by CRU as the lowest cost undeveloped pellet feed project globally, announces that it has

BLACK IRON CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT WITH STRATEGIC PARTICIPATION

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, CANADA, March 29, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) has closed the first (the “First Tranche”) of two planned tranches of its previously announced non-brokered private placement financing of units

BLACK IRON ANNOUNCES PRIVATE PLACEMENT FINANCING

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES TORONTO, CANADA, March 21, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) announces it intends to complete a non-brokered

BLACK IRON MAKES PROGRESS TO SECURE KEY LAND

TORONTO, CANADA, March 14, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) is pleased to announce that Ukraine’s Ministry of Defence (“MOD”) has developed a plan to transfer the parcel of land originally sought by the Company as a location of the processing plant, tailings and waste

BLACK IRON SIGNS MOU WITH GLENCORE FOR FUNDING CONSTRUCTION OF THE SHYMANIVSKE IRON ORE PROJECT

TORONTO, CANADA, February 20, 2019 – Black Iron Inc. (“Black Iron”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) is pleased to announce the signing of a non-binding Memorandum of Understanding (the “MOU”) with a subsidiary of Glencore plc (“Glencore”), pursuant to which the parties agree to engage in formal negotiations to finance the construction of the

BLACK IRON YEAR-END UPDATE ON SHYMANVISKE ADVANCEMENT

TORONTO, CANADA, December 19, 2018 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) continues to advance the Shymanivske Iron Ore Project (“Shymanivske” or the “Project”) towards construction. In the second half of this year, the Company hosted a few multibillion- dollar companies at site as part of their

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