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BLACK IRON UPDATE ON PROJECT CONSTRUCTION FINANCING

For Immediate Release TORONTO, CANADA, December 2, 2019 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; Frankfurt: BIN) management continue to make sound progress arranging the financing for Shymanivske project construction, including the receipt of expressions of interest from European banks and export credit agencies to provide US$250 to 300