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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

BLACK IRON INITIATES ENVIRONMENTAL IMPACT ASSESSMENT

For Immediate Release TORONTO, CANADA, March 8, 2021 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to announce the engagement of Environmental Resources Management (“ERM”) to conduct an environmental and social impact assessment (“ESIA”) on its Shymanivske iron ore project (the “Project”). The ESIA is a

BLACK IRON WELCOMES UKRAINE’S NEW INVESTMENT LAW

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. Upon a company entering into an investment agreement

BLACK IRON WEBINAR – COMPANY OVERVIEW & EXCITING 2021 PLANS

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 10am to provide an overview of the Company

BLACK IRON PROGRESSES OFFTAKE & CONSTRUCTION FINANCING

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 offtake rights from the Shymanivske iron ore project

BLACK IRON SIGNS US$100 MILLION ROYALTY INVESTMENT TERM SHEET

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 investor. Matt Simpson, CEO of Black Iron, stated:

BLACK IRON OFFTAKE, CONSTRUCTION AND LAND TRANSFER UPDATE

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 in exchange for securing offtake rights. Offtake allows

BLACK IRON OFFTAKE AND ROYALTY PROGRESS UPDATE

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 its initial entire expected annual production of 4

IRON ORE PRICE STRENGTH GENERATES SIGNIFICANT OFFTAKE INTEREST IN SHYMANIVSKE PROJECT

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 to diversify away from its strong reliance on

NOTICE TO WARRANTHOLDERS OF ACCELERATION OF EXPIRY DATE AND CORPORATE UPDATE

For Immediate Release TORONTO, CANADA, July 30, 2020 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) announces that it has elected to accelerate the expiry date of the common share purchase warrants dated March 29, 2019 and April 5, 2019 (collectively, the “Warrants”). The Warrants were issued in connection with a private