Champion Iron is pleased to provide an update regarding its previously announced conditional recommended voluntary cash offer to acquire all issued and outstanding shares of Rana Gruber at a price of NOK 79 per share. Champion has received acceptances from shareholders of Rana Gruber ASA representing approximately 90.07% of its issued and outstanding share capital and voting rights, subject to customary verifications of [...]
Champion Ironis pleased to announce that it has completed its previously announced private placement of 26,795,921 subscription receipts of the Company to Caisse de dépôt et placement du Québec at a price of US$3.7319 per Subscription Receipt for gross proceeds of US$100 million. Champion intends to use the proceeds from the Private Placement to fund in part the purchase price payable in respect of its previously [...]
Quarterly production of 3.7M wmt, record sales of 3.9M dmt, revenue of $472M, net income of $65M, EBITDA of $152M1 and EPS of $0.12 DRPF project initial commissioning underway as it advances towards delivering the first shipment by end of calendar H1/2026, as planned Reduced iron ore concentrate inventories stockpiled at Bloom Lake by 1.1M wmt to 0.6M wmt Announced a cash tender offer to acquire Rana Gruber with financial [...]
Champion Iron announces that it will be hosting a conference call and webcast on Jan 29, 2026, at 9:00 AM / Jan 30, 2026, at 1:00 AM with its senior management, during which they will review the Company's operational and financial results for the third quarter ended Dec 31, 2025, of the financial year ending March 31, 2026. Champion's financial statements and management's discussion and analysis for the third quarter [...]
Champion Iron announces that railway services have resumed following a recent third-party train derailment on the Quebec North Shore and Labrador Railway, which is utilized to transport high-purity iron ore concentrate from the Company's Bloom Lake mine to the port of Sept-Îles. The derailment on the Railway occurred on December 28, 2025 and services gradually resumed on Jan 4, 2026. While operations at Bloom Lake were [...]
Champion Iron is providing an update regarding a third-party train derailment on the Quebec North Shore and Labrador Railway, which is utilized to transport high-purity iron ore concentrate from the Company's Bloom Lake mine to the port of Sept-Îles. The derailment on the Railway occurred in the evening of Dec 28, 2025. According to the Railway operator, there were no related injuries and services should resume within [...]
Champion Iron announced that it has entered into a transaction agreement with Rana Gruber, a leading Norwegian producer of high-grade iron ore, on terms of a conditional recommended voluntary cash tender offer to acquire all of the issued and outstanding shares of Rana Gruber at a price of NOK 79 per share, representing a total equity value of approximately NOK 2,930 million. The Transaction is unanimously supported by [...]
Quarterly production of 3.6M wmt, record sales of 3.9M dmt, revenue of $493M, EBITDA of $175M1 and EPS of $0.11 Declares ninth consecutive semi-annual dividend of $0.10 per ordinary share DRPF project advancing as scheduled towards an expected start of commissioning in December 2025 Reduced iron ore concentrate inventories stockpiled at Bloom Lake by 0.5M wmt to 1.7M wmt. Champion Iron reports its operational and [...]
Champion Iron announces that it will be hosting a conference call and webcast on October 30, 2025, at 9:00 AM / Oct 31, 2025, at 12:00 AM with its senior management, during which they will review the Company's operational and financial results for the second quarter ended Sept 30, 2025, of the financial year ending March 31, 2026. Champion's financial statements and management's discussion and analysis for the second [...]
Champion Iron announces that it has completed the initial closing of the transactions contemplated by the previously announced framework agreement dated as of July 21, 2025, Montréal time with Nippon Steel Corporation and Sojitz Corp. In connection with the Initial Closing, the Partners made their initial cash contributions in an aggregate amount of $68.6 million to Kami Iron Mine Partnership, a new entity formed for the [...]
Champion Iron announces that at the Annual General Meeting of the Company's shareholders, held in person on Wednesday, August 27, 2025, at 5:00 PM / Thursday, August 28, 2025, at 7:00 AM, all resolutions received the requisite majorities, by a vote by poll as set out below. The number of votes cast against Resolution 1 however, constitutes a "first strike" under Australian law. Resolution Votes For Votes Against Votes [...]
Champion Iron announces that its CFO, Donald Tremblay, will be departing the Company shortly prior to the release of the second quarter results of the 2026 financial year. The Company is actively engaged in a search for his successor. In the interim period prior to the nomination of a new CFO, certain of the Company's executives will have direct oversight of the CFO responsibilities. Champion's CEO, Mr. David Cataford [...]
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