Labrador Iron Mines Holdings Ltd LBRMF

Steel Steel

Labrador Iron Mines Holdings Limited, through its subsidiaries, is engaged in the exploration and development of iron ore projects situated in the Menihek area of western Newfoundland and Labrador and northeastern Quebec, near the town of Schefferville, in the central part of the Labrador Trough region of eastern Canada, an iron ore producing regions in the world. The Company’s focus is planning and financing activities related to advancing the Houston Project, its flagship property. The Houston Project is an open pit direct shipping iron ore project located near the town of Schefferville. It holds approximately 50 million tons in historical direct shipping iron ore resources in various deposits. It also holds the Elizabeth Taconite Project, which has an Inferred mineral resource estimate. Its Schefferville Area Projects include James Deposit, Redmond Mine, Knob Lake Deposit, Houston & Malcolm, Sawyer Lake Deposit, Astray Lake Deposit and Kivivic No. 1 & 2 Deposits.

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Labrador Iron Mines Holdings Ltd

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Post by opti007on Jul 02, 2016 11:23am

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Post# 25016848

Extension to September 30, 2016 ...

FYI
007

LABRADOR IRON MINES CCAA EXTENDED TO SEPTEMBER 30, 2016
Toronto, Ontario, June 30, 2016.
Labrador Iron Mines Holdings Limited (“LIM” or the “Company”) reports that the Ontario Superior Court of Justice has today granted an extension to September 30, 2016 for LIM’s Court-supervised restructuring process under the Companies’ Creditors Arrangement Act (“CCAA”) in order to facilitate a restructuring and refinancing of LIM’s business operations.
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https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00025889

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