# Black Iron Announces 2021 AGM Results

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc

Original source: https://money.tmx.com/en/quote/BKI/news/8393509543370939/black-iron-announces-2021-agm-results

Publisher: tmx

Original announcement: 2021-06-24T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Black Iron Inc.

- Ticker: BKI

- Exchange: TSX

- Region: Ukraine

- Primary commodity: Iron ore

- Secondary commodities: None reported

- Document categories: Resource update, Other

- Extracted: 2026-09-13 15:07:19 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

Black Iron Inc. announced the results of its 2021 Annual and Special Meeting of Shareholders, confirming the election of its directors and approval of various shareholder plans. The release also provides a summary of the Shymanivske project's historical mineral resource estimates.

Reasoning: Routine administrative announcement regarding AGM results and director elections.

Facts used in scoring: 7

## Classification and evidence

**Inferred Resource**

Polarity: negative

Story-specific tag

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document mentions 188 Mt of Inferred mineral resources as part of the historical project summary.

Evidence · text

> 188 Mt of Inferred mineral resources

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Resource Estimates (7)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-0)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:544fabd0c86f7c853539

#### Resource Data

- Category: indicated
- Tonnes: 646000000

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 646 Mt Measured and Indicated mineral resources

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-1)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6729caa35a49c5c07cc2

#### Resource Data

- Category: measured
- Tonnes: 355000000
- Grade: 32
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 355 Mt Measured mineral resources grading 32.0% total iron

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-2)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6729caa35a49c5c07cc2

#### Resource Data

- Category: measured
- Tonnes: 355000000
- Grade: 19.5
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 355 Mt Measured mineral resources grading 19.5% magnetic iron

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-3)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:66267cd11228ed110201

#### Resource Data

- Category: indicated
- Tonnes: 290000000
- Grade: 31.1
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 290 Mt grading 31.1% total iron

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-4)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:66267cd11228ed110201

#### Resource Data

- Category: indicated
- Tonnes: 290000000
- Grade: 17.9
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 290 Mt grading 17.9% magnetic iron

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-5)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f30d4320f78fa746a703

#### Resource Data

- Category: inferred
- Tonnes: 188000000
- Grade: 30.1
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 188 Mt of Inferred mineral resources grading 30.1% total iron

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/black-iron-announces-2021-agm-results--c8945d14-d484-4e56-a90d-45f2d89319cc#fact-resource-facts-6)

Shymanivske · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Shymanivske
- Commodity: iron\_ore
- Region: ukraine
- Reported Region: Ukraine
- Ticker: BKI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f30d4320f78fa746a703

#### Resource Data

- Category: inferred
- Tonnes: 188000000
- Grade: 18.4
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2017-11-21T00:00:00.000Z

#### Dates

- Event date: 2021-06-24T00:00:00.000Z

Reasoning: Historical resource summary provided for context.

Evidence · text

> 188 Mt of Inferred mineral resources grading 18.4% magnetic iron

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
