27
Mar
14:52
Black Iron raises funding to advance Shimanivske project
Canadian mining firm Black Iron Inc intends to raise around $1.5 billion by selling some of its shares in a private placement financing in order to advance its Ukrainian iron ore project, it says.
Black Iron offered on 21 March up to 25 million units consisting of one common share and one-half of one common share purchase warrant at a price of $0.06 per unit and $0.09 per common share. The proceeds will be used to advance the construction of its U…
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Anonymous
Very good overview of the weekly steel market.
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