On July 21, 2021, Black Iron Inc. closed a short form prospectus offering of 28,750,000 common shares at a price of $0.40 per share for gross proceeds of $11.5 million, which includes the full exercise of the agent’s over-allotment option.
Canaccord Genuity Corp. acted as agent and sole bookrunner.
Cassels acted for Canaccord.