CIA 0.73% $5.53 champion iron limited

News: CIA Champion Iron says unit signs framework off-take agreement

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    May 18 (Reuters) - Champion Iron Ltd (CIA) :

    • Unit has signed a framework off-take agreement with sojitz corporation
    • Agreement for purchase of up to 3 million DMT per annum from qio after re-commencement of commercial operations at bloom lake iron mine
    • Champion has arranged a $40 million debt and equity bridge financing for Quebec Iron Ore Inc
    • Debt and equity bridge financing for Quebec Iron Ore Inc. in order to restart operations at Bloom Lake
 
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