Champion Iron Ord Shs T.CIA

champion

[donaldrideout]

LAKE BLOOM IRON MINE

AGREEMENT IN PRINCIPLE AT QUEBEC IRON ORE (CHAMPION IRON)

MEMBERS WILL REPLY WITHIN THE WEEK

PUBLISHED: 02/25/2024

Sept-les, Sunday, February 25, 2024 — An agreement in principle has been reached between the negotiating committee of Local section 9996 of the United Steelworkers/Mtallos representing the 712 union members of Qubec Iron Ore and that of the company.

Members will be asked to make their decisions during general meetings which will be held this week, the last being scheduled for Thursday. No details will be revealed and no comments will be made until all members have read the agreement in principle and have expressed their views. The Syndicat des Mtallos(Steelworkers), affiliated with the FTQ, is the largest private sector union in Quebec. It brings together more than 60,000 workers from all economic sectors.

METALLOS.ORG

Entente de principe chez Minerai de fer Qubec

Entente de principe chez MFQ

 

[savyinvestor333]

Shares are up 3.3% in Australia right now

[ddogold]

Hopefully the majority of members will ratify the deal so the Company can turn the page on this issue and have a content workforce . GLTA 

[Curious777]

Indeed, such an agreement is a must before selling to a major.

[FishBC]

Selling to a Major???? I have heard nothing about our company being approached. Do you have a news item or press release to reference?  

[Curious777]

Hi - You'll here about it when it happens... That's what Michael O'Keeffe does in life: step in when risks are ahead, develop and sell. https://www.championiron.com/corporate-profile/our-board-of-directors/ And that's what majors do in life, take over when risk are behind and exploit... a non-written partnership.