DGAP-News: Champion Iron Mines Limited Appoints William Harding as a Director
(firmenpresse) - DGAP-News: Champion Iron Mines Limited / Key word(s): Change of
Personnel
Champion Iron Mines Limited Appoints William Harding as a Director
14.03.2013 / 08:49
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NEWS RELEASE
Champion Iron Mines Limited Appoints
William Harding as a Director
Toronto (Canada), March 13, 2013 - CHAMPION IRON MINES LIMITED (TSX: CHM;
OTCQX:CPMNF; FSE: P02) ('Champion' or the 'Company') is pleased to announce
that Mr. William Harding has been appointed to the Company's Board of
Directors.
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.'
About Champion Iron Mines Limited
Champion is an iron exploration and development company with offices in
Montreal and Toronto, and is focused on developing its significant iron
resources in the provinces of Québec and Newfoundland&Labrador. Champion
holds a 100% interest in the Fermont Iron Holdings and a 44% interest in
the Attikamagen Iron Project located in both Québec and Labrador. The
Attikamagen Iron Project is under option to Labec Century Iron Ore Inc.
('Labec'), a subsidiary of Century Iron Mines Corporation, under which
Labec can earn up to a 60% interest. Labec has requested a transfer of a
further 4% to increase Labec's holding to 60% under its option agreement
with Champion. Champion is undertaking its due diligence investigations
with respect to the request.
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 additionalinformation 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
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203879 14.03.2013
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Datum: 14.03.2013 - 08:49 Uhr
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News-ID 239254
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