Alderon Iron Ore Corp AXXDF

Paid today

[JimK]

Money in my account this morning marked as Exchadj Class Action.. Pleasant surprise!
Jim K

[optomist]

i don't see anything yet?  What was the value per share? I'm assuming we're getting 5 cents/share, however with the holdback etc.. it may be lower...

[JimK]

I only had 4000 shares left at the time of class action and received $212.50 CAD so .05315 per share. Transaction date was April 6 but because of holidays only showed up today.

[optomist]

I'll keep an eye out, thanks!, yeah I though that would be the amount per share based on original payment. Hopefully future production will add to it, a long wait however nice to get some return.

[paulettesamson]

was wondering about what the payout was. so, what happens now to the stock still showing in my account? Has 0 value but was wondering .

[JimK]

I believe that Champion has made an "undertaking in favour of the Receiver to make a finite production payment on a fixed amount of future iron ore concentrate production from the Kami Project (the "Acquisition")". How much this will be or when it will be paid is unknown but any extra payment is welcome. Jim K

[willyk3]

Quite happy with that payout....not often that these junior mining bankruptcys result in anything for the shareholders. For any shareholders out there who are not aware there is still another anticipated payout...from future production...possibly in 2025 or 2026...so dont throw away those shares yet!

[hemicuda]

Yes , pleased as well, I was just paid about 2 weeks ago. Hopefully another payout down the road.

[willyk3]

Finally showed up in mine as well.   Now ....Decisions..decisions...what junior miner do I blow the proceeds on?

[optomist]

Lol, try Soperior fertilizer corp

[willyk3]

Too late.  I slapped it down on troillus gold!