Not for distribution to United States newswire services or for dissemination in the United States TORONTO, April 17, 2026 (GLOBE NEWSWIRE) -- Black Iron Inc. (TSX:BKI) (“Black Iron” or the “Company”) announces that, further to its press releases of April 6, 2026 and April 13, 2026, it has completed its non-brokered private placement for gross proceeds of C$2,610,000 (approximately US$1.88 million) (the “Offering”). Pursuant to the Offering, Black Iron issued 26,100,000 units of the Company (each, a “Unit”) at a price of C$0.10 per Unit.