Quebec Iron Ore | Newsoom | First-grade iron mine in Fermont, Quebec, Canada (Bloom Lake)

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Quebec Iron Ore restarts the bloom lake mine with first rail shipment from Fermont

February 22, 2018

Montreal, Feb. 22, 2018 – Quebec Iron Ore Inc. (“QIO”), a Champion Iron Limited (ASX:CIA)(TSX:CIA)(“Champion” or the “Company”) subsidiary, is pleased to announce that the first train being loaded with 16,500 metric tonnes of high-grade 66% Fe iron concentrate from QIO’s Bloom Lake Iron Ore Mine (“Bloom Lake”) will leave the mine site today, which is located near Fermont, Quebec. The first train (see picture below) represents a tangible […]

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 […]

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 […]