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Black Iron Annouces AGM Results

Black Iron Annouces AGM Results 
TORONTO, ONTARIO -- (Marketwired) -- 05/24/13 -- Black Iron Inc.
("Black Iron" or the "Company") (TSX:BKI) (FRANKFURT:BIN) reports
that the nominees listed in the management proxy circular for the
2013 Annual Meeting of shareholders were elected as directors of the
Company with unanimous support from shareholders. Detailed results of
the vote for the election of directors held at the Annual Meeting
(May 24, 2013) in Toronto are set out below. 


 
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                                             % Votes       Votes     % Votes
                                 Votes For       For    Withheld    Withheld
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John Detmold                    58,813,255     99.88      73,428        0.12
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Bruce Humphrey                  58,813,255     99.88      73,428        0.12
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Jaroslav Kinach                 58,813,255     99.88      73,428        0.12
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Pierre Pettigrew                58,811,255     99.87      75,428        0.13
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David Porter                    58,813,255     99.88      73,428        0.12
----------------------------------------------------------------------------
Matthew Simpson                 58,811,255     99.87      75,428        0.13
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Christopher Westdal             58,813,255     99.88      73,428        0.12
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Shareholders at the annual meeting also approved the appointment of
the Company's auditors. 
About Black Iron 
Black Iron is an iron ore exploration and development company
advancing its 100%-owned Shymanivske project located in Kryviy Rih,
Ukraine. This project contains a NI 43-101 compliant resource with
645.8 Mt measured and indicated mineral resources; consisting of
355.1 Mt measured mineral resources at 32.0% iron using a cut off
grade of 10% and an indicated resource of 290.7 Mt at 31.1% iron
using a cut off grade of 10% iron, and 188.3 Mt of inferred mineral
resources grading 30.1% iron. The project is surrounded by five other
operating mines including ArcelorMittal's iron ore complex. The
Company believes that existing infrastructure, including access to
power, rail and port facilities, will allow for a quick development
timeline to production. Further, the Company holds an exploration
permit for the adjacent Zelenivske project which it intends to
further explore to determine its potential. Please visit the
Company's website at www.blackiron.com or write us at
info@blackiron.com for more information. 
The technical and scientific contents of this press release have been
prepared under the supervision of and have been reviewed and approved
by Jim Thompson, P.Eng, Head of Iron Ore Process Development for
Forbes & Manhattan, Inc., who is a Qualified Person as defined by NI
43-101. For further information, please see the technical report of
the Company, which is available on SEDAR at www.sedar.com. 
Forward Looking Information 
This press release contains "forward-looking information" which may
include, but is not limited to, statements. Often, but not always,
forward-looking information can be identified by the use of words
such as "plans", "expects", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "believes" or
variations (including negative variations) of such words and phrases,
or by the use of words or phrases that state that certain actions,
events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved. 
Forward-looking information are based on certain assumptions and
analyses made by the Company based on known facts at the time.
Forward-looking information involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company and/or its subsidiaries to
be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information
contained in this press release, including, without limitation those
described in the Company's public disclosure documents which may be
found under the Company's profile on SEDAR. Although the Company has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described
in such forward-looking information, there may be other factors that
may cause actions, events or results to differ from those
anticipated, estimated or intended. Should one or more of these risks
or uncertainties materialize or should assumptions underlying such
forward-looking information prove incorrect, actual results,
performance or achievements may vary materially from those expressed
or implied by the forward-looking information contained in this press
release. The forward-looking information contained herein are made as
of the date of this press release and the Company disclaims any
obligation to update or review such information or statements,
whether as a result of new information, future events or results of
otherwise, except as required by law.
Contacts:
Black Iron Inc.
Michael McAllister
Manager, Investor Relations
+1 (416) 309-2950 
Black Iron Inc.
Matt Simpson
President & Chief Executive Officer
+1 (416) 309-2138
info@blackiron.com