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 […]

Read more »

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 […]

Read more »

Results of extraordinary general meeting held by Champion Iron Limited on july 10, 2017 in Sydney, NSW, Australia

July 10, 2017

Montréal (Québec), Canada, July 10, 2017: Champion Iron Limited (ASX and 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 […]

Read more »