DGAP-News: CHAMPION IRON MINES ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

DGAP-News: CHAMPION IRON MINES ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

ID: 300516

(firmenpresse) - DGAP-News: Champion Iron Mines Limited / Key word(s): AGM/EGM
CHAMPION IRON MINES ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

26.09.2013 / 14:30

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NEWS RELEASE

CHAMPION IRON MINES ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

TORONTO, ONTARIO--(September 25, 2013) - CHAMPION IRON MINES
LIMITED (TSX:CHM)(OTCQX:CPMNF)(FRANKFURT:P02) ('Champion' or the 'Company')
is pleased to report that the nominees listed in the management information
circular for the 2013 Annual and Special Meeting of its shareholders (the
'Meeting') were elected as directors of Champion. Results of the vote for
the election of directors held at the Meeting on September 24, 2013 in
Toronto, Ontario, are set out below:

VOTED FOR   % VOTED FOR       VOTES      % VOTES 
WITHHELD WITHHELD
Thomas Larsen 62,795,559 96.88 2,024,124 3.12
William Harding 53,954,664 83.24 10,865,019 16.76
Alexander Horvath 53,761,559 82.94 11,058,124 17.06
Donald A. Sheldon 53,963,164 83.25 10,856,519 16.75
Paul Ankcorn 63,149,164 97.42 1,670,519 2.58
Francis Sauve 63,101,264 97.35 1,718,419 2.65
Harry Burgess 63,101,164 97.35 1,718,519 2.65
Shareholders at the Meeting also approved the re-appointment of Champion's
auditors and the adoption of New General By-Law No. 1.

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 located in Quebec and a




44% interest in the Attikamagen Iron Project located in both Québec and
Labrador. The Attikamagen 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 and to further increase Labec's interest and dilute
Champion's interest pursuant to ongoing exploration programs. Champion is
undertaking its due diligence investigations with respect to the requests.

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 Iron Mines Limited, 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 joint venture projects. 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 of Champion's forward-looking information contained in
this press release is given as of the date hereof and is based upon the
opinions and estimates of Champion's management and information available
to management as at the date hereof. Champion disclaims any intention or
obligation to update or revise any of its 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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26.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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

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232144 26.09.2013


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Datum: 26.09.2013 - 14:30 Uhr
Sprache: Deutsch
News-ID 300516
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