A new annual production record of 7,903,700 wet metric tonnes established for the Bloom Lake Mine Champion Iron Ltd. is pleased to report the production results and the mining operation expenditures for the fourth quarter ended March 31, 2020 of the fiscal year ending March 31, 2020, in compliance with the ASX listing rules applicable to mining entities. Detailed operational and financial results, including audited [...]
Champion Iron Ltd. announces it will gradually ramp up operations at the Bloom Lake Mining Complex following an announcement from the Québec Government that effective April 15, 2020, mining activities were to be considered a "priority service" and allowed to resume normal operations in the province of Québec, Canada, conditional on the implementation of guidelines aiming to contain the risks related to COVID-19. On March [...]
Champion Iron Ltd. announces that it will ramp down operations at the Bloom Lake Mining Complex, following a directive from the Québec Government, which requires mining activities to be reduced to a minimum in the province of Québec, as of March 24, 2020, until at least April 13, 2020, in an effort to contain COVID-19. With $187.5 million in cash and short-term investments as of the quarter ending December [...]
Champion Iron Ltd. announces that the Board has determined that the Company will not proceed with the previously announced proposal to redomicile from Australia to Canada by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 and the liquidation of the Company, due to the current market volatility and global uncertainty associated with the COVID-19 virus. As a result of such current market [...]
Champion Iron Ltd. is pleased to announce the results of the scheme meeting to approve the re-domicile of Champion from Australia to Canada by way of scheme of arrangement. As shown below the motion to approve the members' scheme of arrangement was passed by the requisite statutory majorities. Instructions given to validly appointed proxies in respect of the resolution For Against Discretionary Abstain Holders Voting 85 6 [...]
Champion Iron Ltd. is pleased to confirm that the Australian Securities and Investments Commission has today registered the Scheme Booklet in relation to the proposed re-domicile of the Company by way of a scheme of arrangement. A full copy of the Scheme Booklet, which includes an Independent Expert's Report and Notice of Meeting, is available on SEDAR. The Independent Expert, Grant Thornton Corporate Finance Pty Ltd, has [...]
Champion Iron Ltd. is pleased to advise that the Federal Court of Australia has today made orders to convene a meeting of the Company's shareholders to vote on the previously announced proposed re-domicile of the Company by way of a scheme of arrangement. A full copy of the Scheme Booklet, as approved by the Federal Court, is anticipated to be released on ASX on 5 February 2020 following registration of the scheme booklet [...]
Champion Iron Ltd. is pleased to announce strong operational and financial results for the third quarter ended December 31, 2019 of the fiscal year ending March 31, 2020. For complete details of the unaudited Condensed Consolidated Financial Statements and associated Management's Discussion and Analysis, please refer to the Company's filings on SEDAR or the Company's website. All amounts are in Canadian dollars unless [...]
Champion Iron Ltd. announces that it will be hosting a conference call on January 29, 2020 at 8:30 AM EST with senior management, during which they will review the Company's financial and operational results for the third quarter of the fiscal year ending March 31, 2020. Champion's financial statements and management's discussion and analysis for the third quarter ended December 31, 2019 will be released prior to the [...]
Champion Iron Ltd. announces a proposal to re-domicile from Australia to Canada by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 . Reasons for the Re-domiciliation After considering the potential benefits and disadvantages of the Redomiciliation, the board of directors has determined that a Re-domicile to Canada best serves the Company's interest, highlighting: The Redomiciliation will align [...]
Record quarterly production of 2,189,700 wmt and recovery rate of 83.9% Record quarterly operating cash flow of $104.9 million Champion Iron Ltd. is pleased to announce strong operational and financial results for the second quarter ended September 30, 2019 of the fiscal year ending March 31, 2020. For complete details of the unaudited Condensed Consolidated Financial Statements and associated Management's Discussion and [...]
Champion Iron Ltd. announces that it will be hosting a conference call on October 30, 2019 at 8:30 AM EDT with senior management, during which they will review the Company's financial and operational results for the second quarter of the fiscal year ending March 31, 2020. Champion's financial statements and management's discussion and analysis for the second quarter ended September 30, 2019 will be released on October [...]
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