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BLACK IRON CLOSES PRIVATE PLACEMENT, ANNOUNCES LIND OPTION EXERCISE AND PROJECT UPDATE

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 For Immediate Release TORONTO, CANADA, May 8, 2020 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN), announces that it has