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 negotiations to secure essential land surface rights, discussions and negotiations on construction financing and for general working capital purposes.
Simpson also told Proactive the company has updated its PEA on that project and provides details.
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