KYIV, July 1 – Canadian mining company Black Iron Inc. with assets in Ukraine has filed a preliminary short form prospectus with the securities commissions in each of the Provinces of Canada (other than Quebec), in connection with a marketed public offering of common shares of the company for aggregate gross proceeds of approximately CAD10 million.

The placement will be conducted by Canaccord Genuity Corp., according to a press release from the company on Wednesday.

The company has granted the agent an option to purchase up to an additional 15% of the Shares sold under the Offering at the issue price of the shares.