BRIEF-Black Iron annnounces $4 mln investment into Carpathian Gold

Thu May 19, 2016 9:34am EDT
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May 19 (Reuters) - Black Iron Inc

* Annnounces $4m investment into Carpathian Gold & appointment of representatives to Carpathian Gold board and management team

* Matt Simpson, BKI's president and CEO has joined Carpathian's board of directors

* BKI's COO, Les Kwasik, will join Carpathian Gold's management team

* Entered agreement with Carpathian Gold to acquire 57 million units of Carpathian, at a price of CAD$0.07 per unit Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)