Private Placement Financing Expected to Advance Black Iron Inc.’s (TSX: BKI) (OTC: BKIRF) (GR: BIN) Shymanivske Iron Ore Project
The second and final tranche of a Black Iron private placement will contribute to gross proceeds exceeding $1.59 million; these funds are expected to be used for Shymanivske iron ore project advancement Black Iron needs the financial resources to secure essential land surface rights and to further discussions surrounding project construction financing The company also announced discussions with the Ukrainian Ministry of Defense regarding the transfer of a parcel of land to be used for the construction of its processing plant and waste rock storage facility Toronto-based Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) recently closed the second…







