TORONTO, CANADA--(Marketwired - Oct 27, 2014) - Century Iron Mines Corp. ("Century" or the "Company") (TSX:FER) announces today that, effective October 17, 2014, it has continued from the federal jurisdiction of Canada to the Province of British Columbia (the "Continuation"). The Continuation was approved by shareholders of the Company at the annual general and special meeting held September 29, 2014. The Continuation [...]
Century is pleased to announce that it is renewing its normal course issuer bid. The Company has received consent from the Toronto Stock Exchange on its application to renew its NCIB. The Company's previous NCIB program expired on September 16, 2014 and under that program, a total of 389,000 common shares were repurchased for cancellation during the 12 month period when it operated, at an average price of $0.48 per share.
The shareholders approved the continuation of the Company's jurisdiction of incorporation from a federally-incorporated company under the Canada Business Corporations Act into British Columbia under the BCBCA for reasons described in the Management Information Circular. One of the important advantages of the continuation is that it provides the Company with a more recent corporate statutory environment in which to govern [...]
Century Iron is pleased to announce that it has filed its condensed consolidated interim financial statements for the first fiscal quarter ended June 30, 2014 and the related management's discussion and analysis on SEDAR. The Company and its Attikamagen joint venture had as at June 30, 2014 cash and bank deposits of $52.7 million. The Company had exploration and evaluation assets of $31.5 million and investments in the [...]
Century Iron Mines, through Labec Century Iron Ore, a joint venture with WISCO International Resources Development & Investment, is pleased to announce that a Bankable Feasibility Study has started for the Joyce Lake Direct Shipping Ore Iron Project. The BFS is expected to be completed during the first quarter of calendar year 2015. The Joyce Lake Project is an open pit DSO project located in the province of Newfoundland [...]
Century Iron Mines is pleased to announce that it has filed its consolidated financial statements for the year ended March 31, 2014 and the related Management's Discussion and Analysis as well as the Annual Information Form on SEDAR. The Company and its Attikamagen joint venture had as at March 31, 2014 cash and bank deposits of approximately $54.8 million. The Company had exploration and evaluation assets of $31.0 [...]
Century Iron Mines announced today that subsequent to its news release dated March 3, it has filed a National Instrument 43-101 Technical Report on SEDAR for its Joyce Lake DSO Project. This NI 43-101 report represents a 143% increase in the measured and indicated resource estimate for the Joyce Lake DSO Project. A copy of the Technical Report, dated April 17, 2014, is available under Century's SEDAR profile at [...]
Century is pleased to announce the results of a National Instrument 43-101 mineral resource estimate on its Joyce Lake DSO Project. The Project is part of the Attikamagen Project in the Province of Newfoundland and Labrador, 20 kilometres northeast of Schefferville, Québec. The mineral resource estimate was prepared by SGS Canada Inc. - SGS Geostat Group of Blainville, Québec. SGS has been engaged to prepare a NI 43-101 [...]
Century Iron Mines is pleased to announce that it has filed its consolidated financial statements for the third fiscal quarter ended December 31, 2013 and the related management's discussion and analysis on SEDAR. The Company had as at December 31, 2013 cash and cash equivalents of $32 million and accounts receivable of $24 million, of which $12 million were tax credits receivable. In addition, its joint venture, Labec [...]
Century is pleased to announce the completion of the acquisition of the remaining interest to own 100% of the Attikamagen Lake Project. In consideration, Century received $1,020,000 for the issuance of 2,000,000 common shares and 1,000,000 purchase warrants in accordance with the terms of the Transaction, among other terms already fulfilled and as described in previous news releases. Pursuant to the terms of the [...]
Century Iron Mines is pleased to announce positive assay results from Phase II of its 2013 drilling program at the Joyce Lake DSO Project located 20 kilometres northeast of Schefferville, Québec. Phase II of the Drilling Program was conducted from September 15 to November 16, 2013, during which time the Company completed a total of 2,942 metres of triple tube HQ core drilling. The positive results from Phase I of the [...]
Century Iron Mines is pleased to announce the appointment of Peter R. Jones as Executive Vice President. In addition to his other business interests, Mr. Jones will devote the majority of his time to the development of Century's mining projects focusing initially on the Joyce Lake Direct Shipping Ore (DSO) project. "Century is delighted to engage an executive of Mr. Jones' calibre to lead our mining team starting with the [...]
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