Black Iron Inc.’s $11.5 Million Prospectus Offering

Wildeboer Dellelce LLP acted for Black Iron on the offering. Cassels acted for Canaccord.

Black Iron Inc. (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) has completed a best efforts prospectus offering of common shares for gross proceeds of $11.5 million, which included the exercise in full of the agent’s over-allotment option.

Black Iron is an iron ore exploration and development company, advancing its 100% owned Shymanivske project located in Kryviy Rih, Ukraine.

Canaccord Genuity Corp. acted as agent and sole bookrunner in connection with the offering.

Wildeboer Dellelce LLP acted for Black Iron in connection with the offering with a team comprised of Michael Rennie (Picture), Rebecca Cochrane, Natalie Tershakowec and Peter Hill (corporate/securities) and Katy Pitch and Marija Tasevska (tax).

The Cassels’ team included Chad Accursi, Jackson Phillips, Reza Sarsangi and Christopher Norton.

Involved fees earner: Chad Accursi – Cassels Brock & Blackwell LLP; Christopher Norton – Cassels Brock & Blackwell LLP; Jackson Phillips – Cassels Brock & Blackwell LLP; Reza Sarsangi – Cassels Brock & Blackwell LLP; Rebecca Cochrane – Wildeboer Dellelce LLP; Peter Hill – Wildeboer Dellelce LLP; Katy Pitch – Wildeboer Dellelce LLP; Michael Rennie – Wildeboer Dellelce LLP; Marija Tasevska – Wildeboer Dellelce LLP; Natalie Tershakowec – Wildeboer Dellelce LLP;

Law Firms: Cassels Brock & Blackwell LLP; Wildeboer Dellelce LLP;

Clients: Black Iron Inc; Canaccord Genuity;

Author: Martina Bellini