Black Iron Provides Update on Go Forward Development Plan

Black Iron Inc.

TORONTO, ONTARIO--(Marketwired - Oct. 30, 2017) - The following is an update on the activities Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) is undertaking to increase shareholder value and move our flagship Shymanivske iron ore project (the "Project") forwards towards production. The following is a brief history of the Company: