Announcement • Apr 17
Black Iron Inc., Annual General Meeting, Jun 11, 2026 Black Iron Inc., Annual General Meeting, Jun 11, 2026. Announcement • Apr 07
Black Iron Inc. announced that it expects to receive CAD 2.36606 million in funding Black Iron Inc. announced a non-brokered private placement to issue 23,660,600 units at a price of CAD 0.10 per Unit for gross proceeds of CAD 2,366,060 on April 6, 2026. It is anticipated that the closing of the Offering will occur on or about April 20, 2026, or such other date or dates as the Company may determine. The Units issued to subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. Each Unit will consist of one common share and one common share purchase warrant.. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.20 per common share for a period of 36 months following the Closing Date. The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange, and closing for minimum gross proceeds of approximately $1,200,000 (CAD 1,670,160). Finder's fees may be paid to eligible finders in accordance with the policies of the Toronto Stock Exchange, which may consist of a cash payment of up to 6.0% of the aggregate gross proceeds of the Units sold to investors introduced by such finders and (ii) non-transferable broker warrants equal to 6.0% of the aggregate number of Units issued by the Company to investors introduced by such finders (each, a "Broker Warrant"). Each Broker Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.20 for a period of 36 months from the Closing Date, subject to acceleration in certain circumstances. 
