Champion Iron Ltd. reports that its wholly-owned subsidiary Champion Iron Mines Limited is pleased to disclose results of recent exploration drilling at its Powderhorn property, located in North Central Newfoundland, 40 km southwest of the town of Springdale. This program intersected several zinc rich intervals, including drill hole PH18-01 which intersected 3.31% Zn, 0.53% copper and 48 g/t silver over 4.45 meters, 5.2 [...]
Champion Iron Ltd. announced today that further to the various filings previously made in this regard, it will hold its annual general meeting of shareholders on Friday, August 17, 2018 in Montreal. The Meeting is scheduled to begin at 10:00 am Eastern. Information relating to the Meeting can be found under the Company’s filings on SEDAR and in the following link provided by Champion’s transfer agent [...]
MONTRÉAL, Aug. 14, 2018 -- Champion Iron Ltd. is pleased to announce the appointment of Ms. Natacha Garoute, LLB, CPA, CA, as the Company’s Chief Financial Officer. Ms. Garoute has over 20 years of finance experience, with a strong focus on mining, most recently as Chief Financial Officer of Roxgold Inc. , a TSX-listed gold producer with operations in Burkina Faso. As part of the executive team at Roxgold [...]
MONTRÉAL, Aug. 13, 2018 -- Champion Iron Ltd. is pleased to announce that, with the successful production ramp-up of its Bloom Lake Iron Ore Mine , it reported strong operational and financial results for the 2019 financial year first quarter ended June 30, 2018 . Q1 FY2019 Highlights Production of 1,542,859 tonnes of iron ore concentrate in Q1 FY 2019 and 2,166,192 tonnes since the Bloom Lake restart Quarterly [...]
MONTREAL, May 24, 2018 -- Quebec Iron Ore Inc. , a Champion Iron Ltd. subsidiary, is pleased to announce that with the completion of the loading of the MV Hubertus Oldendorff at the Port of Sept-Îles, QIO has produced and shipped its first one million tonnes of high-grade 66% iron concentrate from its Bloom Lake Iron Ore Mine , located near Fermont, Quebec. The achievement of this significant milestone occurred [...]
MONTRÉAL, March 27, 2018 -- Quebec Iron Ore Inc. , a Champion Iron Ltd. subsidiary, is pleased to announce that preparation for the first shipment of Bloom Lake Iron Ore Mine high quality iron ore is underway following the arrival of the MV Magnus Oldendorff at the Port of Sept-Îles on March 25, 2018. The loading of the MV Magnus Oldendorff at the Pointe-Noire terminal completes a historic milestone for the [...]
MONTREAL, Feb. 22, 2018 -- Quebec Iron Ore Inc. , a Champion Iron Ltd. subsidiary, is pleased to announce that the first train being loaded with16,500 metric tonnes of high-grade 66% Fe iron concentrate from QIO’s Bloom Lake Iron Ore Mine will leave the mine site today, which is located near Fermont, Quebec. Bloom Lake Iron Ore Mine The first train represents a tangible step towards realizing Bloom Lake’s [...]
FERMONT, QC, Nov. 15, 2017 /CNW Telbec/ - At a press conference held earlier today, Quebec Iron Ore Inc. , a Champion Iron Ltd. subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine , located near Fermont, Quebec. After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the facilities, procuring offtake partners and forming mutually [...]
Champion Iron is pleased to announce that it has completed a series of previously announced financing arrangements, raising approximately CDN$300 million towards the restart of the operations of the Bloom Lake iron ore mine located near Fermont. As previously disclosed, the Corporation, through its subsidiary Québec Iron Ore, recently entered into definitive agreements in connection with (i) a 5-year senior secured loan [...]
Champion Iron 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 to Glencore International on a private placement basis. The Debenture has a term to maturity of eight years and bears interest at a rate of 12% for the first year and thereafter will bear interest at the same rate as the subordinated debt committed [...]
Not for distribution to U.S. news wire services or dissemination in the United States Champion Iron Ltd. is pleased to announce that it has entered, through its subsidiary Québec Iron Ore Inc. , into definitive agreements in connection with its previously announced debt financing by way of secured loans by each of Sprott Private Resource Lending , LP and CDP Investissements Inc., a wholly-owned subsidiary of Caisse [...]
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