MONTRÉAL, July 11,
2023 /CNW/ - (SYDNEY, July 12,
2023) - Champion Iron Limited (TSX: CIA) (ASX: CIA)
(OTCQX: CIAFF) ("Champion" or the "Company") announces that it
will be hosting a conference call and webcast on July 28, 2023, at 9:00
AM (Montréal time) / 11:00 PM
(Sydney time) with senior
management, during which they will review the Company's financial
and operational results for the first quarter ended June 30, 2023, of the financial year ending
March 31, 2024.
Champion's financial statements and management's discussion and
analysis for the first quarter ended June
30, 2023, will be released prior to the conference call and
webcast, and will be available in the "Financial & Regulatory
Reports" section of the Company's website at www.championiron.com,
under the Company's profile on SEDAR at www.sedar.com and on the
ASX at www.asx.com.au.
A live audio webcast of the conference call will be accessible
for a period of 90 days through Champion's website
at www.championiron.com/investors/events-presentations.
Access to the Conference Call:
Tel. local &
overseas:
|
(+1) 416 764
8688
|
Tel. North
America:
|
(+1) 888 390
0546
|
Tel.
Australia:
|
1800 076 068
|
Webcast:
|
www.championiron.com/investors
|
Replay
overseas:
|
(+1) 416 764
8677
|
Replay N.
America:
|
(+1) 888 390
0541
|
Replay pass
code:
|
757974 #
|
Replay
expiration:
|
Friday, August 4, 2023,
at 11:59 PM (Montréal time) /
Saturday, August 5, 2023, at 1:59 PM (Sydney time)
|
Champion also confirms that its annual meeting of shareholders will
be held on August 30, 2023, at
5:00 PM (Montréal time) /
August 31, 2023, 7:00 AM (Sydney
time), and that the last date for director nominations will be
July 19, 2023, by 3:00 AM
(Montréal time) / 5:00 PM
(Sydney time). Additional
information regarding the annual meeting of shareholders will be
announced prior to the event.
About Champion Iron Limited
Champion, through its wholly-owned subsidiary Quebec Iron Ore
Inc., owns and operates the Bloom Lake Mining Complex, located on
the south end of the Labrador Trough, approximately 13 km north of
Fermont, Québec. Bloom Lake is an
open-pit operation with two concentrators that primarily source
energy from renewable hydroelectric power. The two concentrators
have a combined nameplate capacity of 15 Mtpa and produce a low
contaminant high-grade 66.2% Fe iron ore concentrate with a proven
ability to produce a 67.5% Fe direct reduction quality concentrate.
In January 2023, the Company
announced the positive findings of a feasibility study evaluating
upgrading half of the Bloom Lake mine capacity to a direct
reduction quality pellet feed iron ore and approved an initial
budget to advance the project. Bloom Lake's high-grade and low
contaminant iron ore products have attracted a premium to the
Platts IODEX 62% Fe iron ore benchmark. The Company ships iron ore
concentrate from Bloom Lake by rail, to a ship loading port in
Sept-Îles, Québec, and has sold its iron ore concentrate to
customers globally, including in China, Japan,
the Middle East, Europe, South
Korea, India and
Canada. In addition to Bloom Lake,
Champion owns a portfolio of exploration and development projects
in the Labrador Trough, including the Kamistiatusset Project,
located a few kilometres south-east of Bloom Lake, and the
Consolidated Fire Lake North iron ore project, located
approximately 40 km south of Bloom Lake.
For additional information on Champion Iron Limited, please
visit our website at: www.championiron.com.
This press release has been authorized for release to the market
by the CEO of Champion Iron Limited, David
Cataford.
SOURCE Champion Iron Limited