09:55 AM EST - Black Iron Inc. : has entered into an agreement with Dundee Securities Ltd. whereby the Underwriter has agreed to purchase, on a "bought deal" private placement basis, 29,500,000 units of the Company at a price of $0.17 per Unit for total gross proceeds of $5,015,000. Each Unit shall consist of one common share of the Company and one common share purchase warrant. Black Iron Inc.
shares T.BKI are trading down $0.02 at $0.18.
