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Champion announces the sale of a CDN$31,200,000 debenture to Glencore

October 16, 2017

Montréal (Québec), Canada, October 16, 2017: Champion Iron Limited (ASX: CIA) (TSX: CIA) (the “Corporation” or “Champion”) is pleased to announce that it has completed the previously announced non-brokered sale of a CDN$31,200,000 subordinated unsecured mandatory convertible debenture (the “Debenture”) to Glencore International AG (“Glencore”) on a private placement basis. The Debenture has a term […]

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Champion Iron Announces US$25 Million Financing and Off-Take Arrangements with Glencore in Connection with the Bloom Lake Mine Restart and Provides an Update on its Prospectus Offering

August 28, 2017

Montréal (Québec), Canada, August 28, 2017: Champion Iron Limited (ASX: CIA) (TSX: CIA) (the “Company”, or “Champion”) is pleased to announce that it has secured a conditional financing commitment of US$25 million (approximately C$31 million) from Glencore International AG (“Glencore”) for the non-brokered sale of a subordinated unsecured mandatory convertible debenture (the “Debenture”) on a […]

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USD180M debt financing positions Bloom Lake Iron Ore Mine for a production restart

July 12, 2017

Montréal, Québec, Canada: Champion Iron Limited (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 […]

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