Champion Iron Ord Shs T.CIA

Alternate Symbol(s): CIAFF

Steel Steel

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.

TSX:CIA - Post by User

Champion Iron Ord Shs

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Post by OuijaFundon Feb 18, 2022 12:04pm

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Post# 34442153

CDPI exercised warrants for 10 mill. shares priced at $1.125

It was posted on Hotcopper that warrants were exercised today Feb 18 for 10 million shares issued at $1.125

Application for quotation of securities - CIA

This was CDPI exercising their held 10 million warrants for shares at $1.125. CDPI holds a further 15 million warrants at $2.45 which must be exercised by August 2026.

I wonder why CDPI didn't exercise these warrrants for 10 million shares prior to Feb 8 so they could have picked up the .10 dividend?

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Calibre discovers significant gold in Newfoundland