Labrador Iron Mines announced that it has entered into an amalgamation agreement with its majority owned subsidiary, Labrador Iron Mines, whereby, the Company will acquire all of the shares of LIM that it does not currently own, in exchange for new shares in the Company, subject to and conditional upon approval by the Shareholders of LIM at a Special Meeting of Shareholders of LIM which has been called for March 30, 2023 [...]
Labrador Iron Mines Holdings is pleased to announce a US$4,000,000 strategic investment by New York Stock Exchange listed Scully Royalty Ltd. US$ 4 MILLION INVESTMENT The Strategic Investment consists of a US$3,000,000 equity component alongside a US$1,000,000 convertible credit facility. Scully has agreed to subscribe for 13,043,478 common shares of the Company at a price of US$0.23 per share, for gross proceeds of [...]
Labrador Iron Mines reports its financial results for the fiscal year ended March 31, 2022. This News Release should be read in conjunction with the Company's audited consolidated financial statements and Management's Discussion and Analysis for the year ended March 31, 2022, which are available on the Company's website or under the Company's profile on SEDAR. All currency references in this news release are expressed in [...]
It is with great sadness that Labrador Iron Mines announces that D. William Hooley, Vice-Chairman and Non-Executive Director of the Company, passed away suddenly on June 7, 2022. On behalf of the Board, Chairman John Kearney said "We are deeply saddened to hear of the untimely passing of our colleague and friend Bill Hooley. As the Company's President from 2007 to 2011, Bill directed the initial development and successful [...]
Labrador Iron Mines Holdings reports its financial results for the three and nine months ended Dec 31, 2021. This News Release should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and nine months ended Dec 31, 2021, which are available on the Company's website or under the Company's profile on SEDAR. All [...]
Labrador Iron Mines reports its financial results for the three and six months ended Sept 30, 2021. This News Release should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended Sept 30, 2021, which are available on the Company's website or under the Company's profile on SEDAR. All currency [...]
Labrador Iron Mines Holdings held its Annual Meeting of Shareholders today in Toronto, Canada. CHAIRMAN'S UPDATE At the Annual Meeting, John F. Kearney, Chairman and Chief Executive Officer, provided the following update. "The Company's current focus is advancing the Houston Project, which is our flagship property. The Houston Project is an open pit direct shipping iron ore project, on which an updated, independent [...]
Labrador Iron Mines reports its financial results for the three months ended June 30, 2021. This News Release should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended June 30, 2021, which are available on the Company's website or under the Company's profile. All currency references in this news release [...]
Labrador Iron Mines reports its financial results for the fiscal year ended March 31, 2021. This News Release should be read in conjunction with the Company's audited consolidated financial statements and Management's Discussion and Analysis for the year ended March 31, 2021, which are available on the Company's website or under the Company's profile on SEDAR. All currency references in this news release are expressed in [...]
Labrador Iron Mines reports that it has filed on SEDAR a Technical Report in accordance with National Instrument 43-101, with an Issue Date of February 26, 2021 and an Effective Date of Dec 31, 2020, prepared by Roscoe Postle Associates, now part of SLR Consulting Ltd., disclosing the results of an independent Preliminary Economic Assessment on its Houston Project. There are no changes to the results of the PEA previously [...]
Labrador Iron Mines announces the results of an independent Preliminary Economic Assessment on its Houston Project prepared by Roscoe Postle Associates, now part of SLR Consulting. The Houston Project is an open pit, direct shipping, iron ore project located in the Labrador Trough region in eastern Canada, near the town of Schefferville, Quebec, consisting of the Houston 1, 2 and 3 deposits in Newfoundland and Labrador [...]
Labrador Iron Mines reports its financial results for the three and nine months ended Dec 31, 2020. This News Release should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and nine months ended December 31, 2020, which are available on the Company's website or under the Company's profile on SEDAR. All currency [...]
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