Company Overview and News


Add CIA
to your dashboard

Headline News

Quebec Iron Ore Confirms the Bloom Lake Mine Restart in Fermont and the Creation of 450 Quality Jobs

2017-11-15 marketwired
FERMONT, QC--(Marketwired - November 15, 2017) - At a press conference held earlier today, Quebec Iron Ore Inc. ("QIO"), a Champion Iron Limited (ASX: CIA) (TSX: CIA) ("Champion") subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine ("Bloom Lake"), 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 beneficial alliances with the host community. (15-0)

Champion Announces Closing of Financing Arrangements for Approximatively CDN$300 Million

2017-10-16 marketwired
Champion Iron Limited (ASX: CIA) (TSX: CIA) (the "Corporation" or "Champion") 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, Québec ("Bloom Lake").

Champion Announces the Sale of a CDN$31,200,000 Debenture to Glencore

2017-10-16 marketwired
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. (15-0)

Champion Iron Subsidiary Quebec Iron Ore Signs Rail and Port Access Agreement With Societe Ferroviaire et Portuaire de Pointe-Noire

2017-10-13 marketwired
MONTREAL, QC--(Marketwired - October 13, 2017) - Champion Iron Limited (ASX: CIA) (TSX: CIA) (the "Company," or "Champion") is pleased to announce that its subsidiary Québec Iron Ore Inc. ("QIO") has entered into a rail transportation and port-facilities access agreement (the "Agreement") with the Société Ferroviaire et Portuaire de Pointe-Noire ("SFPPN") for the transportation, unloading, stockpiling and loading of iron ore concentrate from Sept-Iles to Pointe-Noire, Québec.

Champion Announces Entering Into Definitive Agreements for Previously Announced Financing Arrangements

2017-10-11 marketwired
Champion Iron Limited (ASX:CIA)(TSX:CIA) (the "Corporation" or "Champion") is pleased to announce that it has entered, through its subsidiary Québec Iron Ore Inc. ("QIO"), into definitive agreements in connection with its previously announced debt financing by way of secured loans by each of Sprott Private Resource Lending (Collector), LP ("Sprott") and CDP Investissements Inc., a wholly-owned subsidiary of Caisse de dépôt et placement du Québec ("Caisse"), for an aggregate amount of US$180 million (collectively, the "Debt Financings"). (15-0)

Champion Announces Final Closing of Prospectus Offering

2017-09-29 marketwired
MONTRÉAL, QC--(Marketwired - September 29, 2017) - Champion Iron Limited (ASX: CIA) (TSX: CIA) (the "Corporation", or "Champion") announces that it has closed the balance of its previously announced public offering (the "Offering") of subscription receipts (the "Subscription Receipts"), pursuant to which 8,027,508 additional Subscription Receipts were issued at a price of $0.90 per Subscription Receipt (the "Offering Price") for additional gross proceeds of $7,224,757. (15-0)

Champion Announces Partial Closing of Prospectus Offering

2017-09-25 marketwired
Champion Iron Limited (ASX: CIA) (TSX: CIA) (the "Corporation", or "Champion") announces that it has closed a portion of its previously announced public offering (the "Offering") of subscription receipts (the "Subscription Receipts"). 13,006,000 Subscription Receipts were issued at a price of $0.90 per Subscription Receipt (the "Offering Price") for aggregate gross proceeds of $11,705,400. It is anticipated that the Corporation will complete the balance of the Offering for aggregate gross proceeds of up to $20 million on or around September 28, 2017. (15-0)

Champion Announces Offering of Subscription Receipts and Filing of Preliminary Short Form Prospectus

2017-08-01 marketwired
Champion Iron Limited (ASX:CIA)(TSX:CIA) (the "Corporation" or "Champion") is pleased to announce that it has filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada with respect to a marketed offering of approximately $50 million (the "Offering") of subscription receipts of the Corporation (the "Subscription Receipts").

Champion Iron Subsidiary Enters Into Settlement Agreement Providing for the Conditional Settlement of a Contractual Dispute with the Port of Sept-Iles

2017-07-19 marketwired
MONTREAL, QC--(Marketwired - July 18, 2017) - Champion Iron Limited (ASX: CIA) (TSX: CIA) (the "Company" or "Champion") is pleased to announce that its subsidiary Champion Iron Mines Limited ("CIML") has entered into a settlement agreement providing for the conditional settlement, without admission, of its dispute with the Port of Sept-Îles concerning the July 13, 2012 agreement entered into between the parties (the "2012 Agreement").

Most actively traded companies on the TSX

2017-07-19 winnipegfreepress
Element Fleet Management Corp. (TSX:EFN). Financial Services. Up 66 cents, or 7.62 per cent, to $9.32 on 3.9 million shares.

Most actively traded companies on the TSX

2017-07-13 winnipegfreepress
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 18 cents, or 0.48 per cent, to $37.15 on 8.4 million shares.

Champion gets US$180 million loan to reopen Quebec's Bloom Lake iron mine

2017-07-13 winnipegfreepress
MONTREAL - Efforts to restart the idled Bloom Lake iron ore mine got a boost Thursday after the Caisse de depot pension fund manager and a mining lending group agreed to provide US$180 million in debt financing to a subsidiary of Champion Iron Ltd. (TSX:CIA).

Champion gets US$180 million loan to reopen Quebec's Bloom Lake iron mine

2017-07-13 ctvnews.ca
MONTREAL - Efforts to restart the idled Bloom Lake iron ore mine got a boost Thursday after the Caisse de depot pension fund manager and a mining lending group agreed to provide US$180 million in debt financing to a subsidiary of Champion Iron Ltd. (TSX:CIA).

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

2017-07-13 marketwired
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 of the restart of Bloom Lake Iron Ore Mine's operations, located near Fermont, Québec.

Cliffs - This Could Not Be Better

2017-07-12 seekingalpha
Most bonds need to be paid after 2019, which will give the company enough time to prepare.