Champion Iron Limited
Champion Iron Mines Limited Appoints William Harding as a Director
Champion Iron Mines Limited / Key word(s): Change of Personnel NEWS RELEASE Champion Iron Mines Limited Appoints Mr. William Harding was previously appointed to the Company’s Advisory Board last August. Mr. Harding has over 25 years of in-depth exposure to capital markets in both the public and private sectors and is experienced in international portfolio management and investment consultancy. Mr. Harding is currently the Chairman of Alpine Asset Advisors AG and has been a member of the Board of Governors of CI Investments Inc. since 2005. Mr. Harding began his career in Corporate Finance at Wood Gundy (CIBC World Markets) and worked in Institutional Equity Research and Sales at Gardiner Watson Ltd. (Morgan Stanley). Prior to founding Alpine Advisors AG, he was a Managing Partner of a Swiss-based Independent Financial Intermediary (Bruellan SA) specializing in Portfolio Management of Family Offices and High Net-Worth Individuals. Thomas Larsen, Champion’s President and C.E.O. stated, ‘We have appreciated the valuable contributions Mr. Harding has made in his capacity as Advisory Board member and we welcome his appointment to Champion’s Board of Directors. We look forward to benefitting from Mr. Harding’s broad experience as we proceed with the financing and development of the Company’s wholly-owned Consolidated Fire Lake North Project.’ Champion’s Fermont Iron Holdings, including its flagship Consolidated Fire Lake North Project, are located in Canada’s major iron ore producing district, in close proximity to five producing iron mines, existing transportation and power infrastructure. Consolidated Fire Lake North is located immediately north of Arcelor Mittal’s operating Fire Lake Mine and 60 km south of Cliffs Natural Resources Inc.’s Bloom Lake Mine in northeastern Québec. Champion’s management and advisory board includes mining and exploration professionals with the mine development and operations experience to build, commission, and operate the future Consolidated Fire Lake North mine. For further information please contact: Thomas G. Larsen, President and CEO, or Jorge Estepa, Vice President at Tel: (416) 866-2200. For additional information on Champion, please visit our website at www.championironmines.com. This news release includes certain information that may constitute ‘forward-looking information’ under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about planned operations at the Company’s projects, including its Consolidated Fire Lake North Project. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks identified in Champion’s annual information forms, management discussion and analysis and other securities regulatory filings by Champion on SEDAR (including under the heading ‘Risk Factors’ therein). There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the information available to management as at the date hereof. Champion disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. This press release has been prepared by Champion Iron Mines Limited and no regulatory authority has approved or disapproved the information contained herein. End of Corporate News 14.03.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
203879 14.03.2013 |