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Black Iron’s management is primarily focused on securing land essential for the construction of the Shymanivske Iron Ore Project (the “Project“) and ensuring our permits remain in good standing. Regarding land transfer, two complementary approaches are being undertaken simultaneously to negotiate with Ukraine’s Ministry of Defence, who

Despite the ongoing war in Ukraine, Black Iron Inc.’s (the “Company” or “Black Iron”) team has progressed the Shymanivske iron project (the “Project”) through discussions with Ukraine’s Ministry of Defence regarding land transfer for the Project, execution of a Ukraine Government investment support agreement, and Project permitting.

For Immediate Release TORONTO, CANADA, June 30, 2022 – 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 24, 2022 were elected as directors