Officer buying at Black Iron (BKI)

Officer buying at Black Iron (T:BKI)

Michael Spektor, a Senior Officer, acquired 1,080,000 Common Shares on a direct ownership basis at prices ranging from $0.110 to $0.120 between May 5th, 2017 and May 11th, 2017. This represents a $122,912 investment into the company's shares and an account share holdings change of 82.4%.

Black Iron is in the Steel Sub Industry Group under the Basic Materials Sector.

Black Iron Inc. is a Canada-based iron ore development company. The Company is engaged in the exploration and development of ferrous metals in Ukraine, namely the Shymanivske project located in Kryvyi Rih, Dnepropetrovsk Region, Ukraine. The Company operates through the development of its Ukrainian mining and exploration permits segment. The Company holds an interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske project. The Shymanivske project includes iron ore deposit. It is located approximately 330 kilometers southeast from Kiev in central Ukraine. The mine site is located approximately eight kilometers from the city of Kryvyi Rih. The Company's subsidiaries include Black Iron (Cyprus) Ltd., Shymanivske Steel LLC and Zelenivske Steel LLC. Black Iron Inc. (BKI) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $122,912.