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Black Iron Inc hails recent breakthroughs for Shymanivske development

Matt Simpson, chief executive of Black Iron Inc (TSE:BKI), caught up with Proactive's Andrew Scott to discuss two recent milestones for the company - the receipt of a land lease proposal from the government as well as 'strong interest' from a number of several steel mills and trading houses to buy the high-grade pellet feed expected to be produced from the project.

Simpson says many of these groups have signed confidentially agreements to review the project in greater detail.

Quick facts: Black Iron Inc.

Price: 0.135 CAD

TSX:BKI
Market: TSX
Market Cap: $31.77 m
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Full interview: Black Iron to benefit from upcoming infrastructure focused...

Black Iron Inc (CVE: BKI-OTC: BKIRF) CEO Matt Simpson joined Steve Darling from Proactive Vancouver with news the company has gone to the market announcing a private placement looking to raise 1.8 million. Simpson says that raise with go towards their Shymanivske project including...

on 27/4/20

2 min read