VALE - Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advances Efforts to Launch Ukrainian Iron Project as Market Prices Continue to Rise
- Black Iron is working to fund the launch of its wholly owned Ukrainian iron ore project by the end of the year, recently closing a more than $1.5 million private placement
- Iron ore market prices continue climbing amid supply setbacks elsewhere in the world, and some analysts anticipate the possibility of $100 per metric ton soon
- Ukraine’s Kryvyi Rih region is one of the country’s most prolific for iron deposits, spawning a number of mines and processing facilities
Mine developer Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) continues to foresee a great potential opportunity in rising iron market prices as the company’s 100 percent-owned development project in Ukraine’s Kryvyi Rih region tries to secure essential land and funding for construction, and its efforts are gaining national media attention.
Black Iron’s work to start building a mine operation at its Shymanivske project is held up by the need to obtain the surface rights at the central Ukraine site. This includes land held by...
NOTE TO INVESTORS: The latest news and updates relating to BKIRF are available in the company’s newsroom at http://nnw.fm/BKIRF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com