Black Iron Selects Cargill As Ukraine High-Grade Iron Ore Offtake Purchaser With a US$75M Finance Facility

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May 10, 2021

TORONTO, ON / ACCESSWIRE / May 10, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI, Financial)(OTC PINK:BKIRF)(FWB:BIN) is pleased to announce that it has selected Cargill, Incorporated ("Cargill") for offtake rights on the initial four million tonnes per year of production from its Shymanivske iron ore project (the "Project") and a US$75 million finance facility to be used for Project construction.