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BLACK IRON ANNOUNCES CLOSING OF $11.5 MILLION OFFERING

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES For Immediate Release TORONTO, CANADA, July 21, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) is pleased to announce that it has closed its previously announced short form prospectus offering, including the full

BLACK IRON ANNOUNCES PRICING OF PUBLIC OFFERING

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES For Immediate Release TORONTO, CANADA, July 5, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) announces that its previously-announced marketed public offering (the “Offering”) of common shares of the Company (the “Shares”) will

BLACK IRON RETAINS WOOD PLC TO COMPLETE SHYMANIVSKE FEASIBILITY STUDY

For Immediate Release TORONTO, CANADA, June 30, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) is pleased to announce that Wood PLC (“Wood”) has initiated work on the completion of an updated Feasibility Study (“FS”) for the Company’s Shymanivske Iron Ore Project (the “Project”) based on a

BLACK IRON ANNOUNCES MARKETED PUBLIC OFFERING

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES For Immediate Release TORONTO, CANADA, June 29, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) announces that it has filed a preliminary short form prospectus (the “Prospectus”) with the securities commissions in each

BLACK IRON ANNOUNCES 2021 AGM RESULTS

For Immediate Release TORONTO, CANADA, June 24, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 26, 2021 were elected as directors of the Company at the annual and special

ENVIRONMENTAL CASE FOR BLACK IRON’S EXPECTED HIGH GRADE 68% IRON ORE

TORONTO, CANADA, June 7, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) announces that production of steel using Black Iron’s anticipated high grade 68% iron magnetite pellet feed reduces green house gas (GHG) emissions by ~30% as compared to more typically consumed 62% iron hematite fines. Black

RAB CAPITAL INCREASES SHAREHOLDING IN BLACK IRON WITH WARRANT EXERCISE

For Immediate Release TORONTO, CANADA, May 20, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) announces that the Company’s largest shareholder RAB Capital Holdings Limited (“RAB Capital”) has exercised 9.2 million warrants to increase its holding of common shares of the Company from 10.5% to 13.5%. RAB

BLACK IRON STRENGTHENS BOARD & OPERATIONS TEAM

For Immediate Release TORONTO, CANADA, May 18, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce the addition of Zenon Potoczny to its Board of Directors, Stefan Gueorguiev as Project Director and retirement of Les Kwasik after nearly 51 years in industry. Zenon Potoczny

BLACK IRON SELECTS CARGILL AS UKRAINE HIGH-GRADE IRON ORE OFFTAKE PURCHASER WITH A US$75M FINANCE FACILITY

For Immediate Release TORONTO, CANADA, May 10, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce that it has selected Cargill, Incorporated (“Cargill”) for offtake rights on the initial four million tonnes per year of production from its Shymanivske iron ore project (the “Project”)

BLACK IRON RECEIVES MULTIPLE OFF-TAKE & INVESTMENT OFFERS

For Immediate Release TORONTO, CANADA, March 25, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce that it recently received several offers from well-known multibillion dollar companies interested in securing rights to purchase the planned initial four (4) million tonnes per annum of production