Champion Iron is pleased to announce, further to its announcements on August 1, 2017 and August 28, 2017 that it intended to proceed with a public offering of subscription receipts (the "Subscription Receipts") for gross proceeds of up to $20 million, that it has entered into an underwriting and agency agreement (the "Underwriting and Agency Agreement") with a syndicate of dealers led by RBC Capital Markets, as sole [...]
Champion Iron is pleased to announce that it has secured a conditional financing commitment of US$25 million from Glencore International AG for the non-brokered sale of a subordinated unsecured mandatory convertible debenture on a private placement basis. This financing commitment is entered into in connection with the restart of operations at the Bloom Lake Iron Mine ("Bloom Lake"...
Champion Iron advises that at an Annual General Meeting of the Company's shareholders which was held in Montreal, Quebec on August 18, 2017, the following resolutions were passed by the requisite majorities by a vote by way of show of hands and by ballot as follows: Resolution Votes For Votes Against Votes Discretionary Votes A...
MONTREAL, QUEBEC--(Marketwired - Aug. 1, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Champion Iron Ltd. (ASX:CIA)(TSX:CIA) (the "Corporation" or "Champion") is pleased to announce that it has filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada with respect to a marketed offering of approximately $50 [...]
MONTREAL, QC--(Marketwired - July 18, 2017) - Champion Iron Ltd. (ASX: CIA) (TSX: CIA) (the "Company" or "Champion") is pleased to announce that its subsidiary Champion Iron Mines Limited ("CIML") has entered into a settlement agreement providing for the conditional settlement, without admission, of its dispute with the Port of Sept-ÃŽles concerning the July 13, 2012 agreement entered into between the parties (the [...]
MONTRÉAL, July 12, 2017 /CNW Telbec/ - Champion Iron Ltd. (ASX: CIA) (TSX: CIA) ("Champion" or the "Company") is pleased to announce that they secured debt financing conditional commitments of USD180 million for its subsidiary Québec Iron Ore Inc. ("QIO") from la Caisse de dépôt et placement du Québec ("Caisse") and Sprott Resource Lending ("Sprott"). This financing is part of the restart [...]
MONTREAL, QC--(Marketwired - July 10, 2017) - Champion Iron Ltd. (ASX: CIA) (TSX: CIA) (the "Company", or "Champion") advises that at an Extraordinary General Meeting of the Company's shareholders, which was held in Sydney on July 10, 2017, the following resolutions were passed by the requisite majorities; Resolutions passed on a show of hands: RESOLUTION 1: Ratification of securities issues RESOLUTION 2: ...
Champion Iron, is pleased to announce that its subsidiary Quebec Iron Ore Inc. has been granted C$5.2 million in financial assistance from the Government of Quebec's "Green Fund" in connection with two energy conversion projects at its Bloom Lake Iron Mine, located near Fermont. The grant was announced at the Bloom Lake site, earlier today, by Mr. Pierre Arcand, Minister of Energy and Natural Resources, Minister [...]
MONTREAL, QC--(Marketwired - June 01, 2017) - Champion Iron Ltd. (ASX: CIA) (TSX: CIA) ("Champion" or the "Company"), is pleased to announce that it has completed the previously announced non-brokered sale of a $10 million unsecured subordinated convertible debenture (the "Debenture") to Altius Minerals Corp. ("Altius"). The sale of the Debenture is a component of a CDN$40 million debt and equity bridge financing which [...]
Champion Iron, is pleased to announce that its subsidiary, Quebec Iron Ore Inc., has signed a Framework Off-Take Agreement with Sojitz Corporation, a major trading company based in Tokyo, Japan, pursuant to which Sojitz would purchase up to 3,000,000 DMT per annum from QIO after the re-commencement of commercial operations at the Bloom Lake Iron Mine located near Fermont, Quebec. Champion is also pleased to announce that [...]
Champion Iron, through its subsidiary Quebec Iron Ore, and the band council, Innu of Takuaikan Uashat mak Mani-utenam, have entered into an Impact and Benefits Agreement with respect to future operations at the Bloom Lake Iron Mine located near Fermont, Quebec. An official signing ceremony has taken place today. The signing of the IBA demonstrates the Innu of Takuaikan Uashat mak Mani-utenams support for the Bloom Lake [...]
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