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Alderon Iron Ore Corp AXXDF

Metals & Mining Steel Industrial Metals & Minerals Steel
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Alderon Iron Ore Corp
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Comment by Saulion Mar 17, 2017 11:48pm
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Post# 25996835

RE:RE:15 DAYS

RE:RE:15 DAYS
In 2015 Alderon management travelled to Beijing, China, to present and discuss its project re-scoping plans with HBIS, Chinese government agencies and Chinese banks. HBIS has confirmed its commitment to the Kami project and Chinese banks continue to be interested in exploring the financing of the Kami project,” Morabito said in the statement.

Now that the re-scoping study / 41-101 PEA has been completed, a positive financing plan from HBIS & Co. is expected at any time.

Based on Alderon's controlling interest,  financing details should benefit all shareholders.


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