Author Archives: Matt Simpson

Subject to completion of due diligence and successful conclusion of negotiations, Cargill will offtake the production and extend financing of US$75 million for the construction of the Project through a finance facility.

Matt Simpson, Black Iron’s CEO, commented “it is exciting to see such strong interest from so many multi-billion companies interested to invest in the construction of Black Iron’s Project in exchange for securing offtake rights.

As outlined in Black Iron’s 2021 plan to advance the Project to a fully funded and permitted state, commencement of the ESIA was originally scheduled for April 2021.

For Immediate Release TORONTO, CANADA, February 11, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce Ukraine government’s passing of a new law aimed to attract investment by providing significant tax reductions and land transfer rights.

For Immediate Release TORONTO, CANADA, January 12, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce that Black Iron management will be hosting a web-based presentation for current and future potential shareholders on January 19TH at

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES For Immediate Release TORONTO, CANADA, December 30, 2020 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) management recently hosted representatives from a company interested to secure

For Immediate Release TORONTO, CANADA, December 22, 2020 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce that it has entered into a non-binding royalty term sheet for US$100 million with a prominent United States based institutional

For Immediate Release TORONTO, CANADA, October 13, 2020 – As an update on Black Iron Inc.’s (“Black Iron” or the “Company”) (TSX: BKI) formal offtake process that was previously announced, multiple groups participated in the first round resulting in the Company receiving expressions of interest to invest

For Immediate Release TORONTO, CANADA, September 30, 2020 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) has set October 9, 2020 as the submission date for expressions of interest to be received from steel mills and global traders to secure the rights to purchase

For Immediate Release TORONTO, CANADA, September 8, 2020 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) announces that it has received a substantial increase in interest from groups looking for iron ore offtake given the sharp increase in iron ore prices and China’s efforts