| CHAMPION MINERALS TO START MAJOR DRILLING CAMPAIGN |
Toronto (Canada), January 15, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM; FSE: P02) is pleased to announce that a 10,000 m drilling campaign will start in early February to test the Mammoth Zone, a 25 km2 area with a magnetic signature representing extensive folded and potentially thickened iron formation. This zone is located on the Harvey-Tuttle Claim Block (“Harvey-Tuttle”), one of 16 claim blocks that make up the Fermont Iron Property (the “Property”) that includes a total surface area of 384 km2 (734 claims). Boart Longyear of North Bay (Ontario) has been selected as the drilling contractor to operate 3 diamond drill rigs for the campaign.
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Champion Minerals Inc. 15 Jan 2010 - 13:07 |
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| CHAMPION ANNOUNCES GRANT OF STOCK OPTIONS |
Toronto, Canada, January 14, 2010 – CHAMPION MINERALS INC. ("Champion”) (TSX-V: CHM) announces the grant of options to directors, officers and consultants to purchase 2,200,000 common shares of Champion, exercisable at $0.80 per common share, subject to shareholder and TSX Venture Exchange approval. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant. The options granted will have a five year term.
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Champion Minerals Inc. 14 Jan 2010 - 22:19 |
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| CHAMPION MINERALS COMPLETES $1.9 MILLION FINANCING |
Champion Minerals Inc. ("Champion" or the "Company") (TSX VENTURE:CHM)(FRANKFURT:P02) announces the completion of its previously announced non-brokered private placement (the "Private Placement") (see Champion's news releases dated November 26, 2009, December 29, 2009 and January 6, 2010), subject to final TSX Venture Exchange acceptance. An aggregate of 3,800,000 units ("Units") were issued at $0.50 per Unit for gross proceeds of $1,900,000. Each Unit is comprised of one common share and one-half of one common share purchase warrant. Each whole warrant (a "Warrant") entitles the holder to purchase one common share at any time within eighteen (18) months after the Warrant issue date, at a price of $0.75.
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Champion Minerals Inc. 12 Jan 2010 - 11:33 |
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| Champion Minerals announces $1,080,000 Flow-Through Financing |
Toronto (Canada), January 6, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM; FSE: P02) announces that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 1,800,000 Flow-Through Units (“F-T Units”) of Champion at a price of $0.60 per F-T Unit for total proceeds of up to $1,080,000.
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Champion Minerals Inc. 7 Jan 2010 - 04:15 |
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| Champion Minerals Inc. Completes $2.5 Million First Tranche of Flow-Through Units |
Toronto, Ontario, Canada: December 31, 2009 – Champion Minerals Inc. (“Champion” or the “Company”) (TSX-V: CHM; FSE: P02) announces the completion of the first tranche of its previously announced non-brokered private placement (the “Private Placement”) (see Champion’s news releases dated November 26, 2009, December 21, 2009 and December 29, 2009). An aggregate of 4,562,053 flow-through units (“F-T Units”) were issued at $0.55 per F-T Unit for gross proceeds of $2,509,129 (the “First Tranche”). Each F-T Unit is comprised of one flow-through common share and one-half of one flow-through common share purchase warrant. Each whole warrant (a “Warrant”) entitles the holder to purchase one non-flow-through common share at any time within eighteen (18) months after the Warrant issue date, at a price of $0.85.
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Champion Minerals Inc. 5 Jan 2010 - 18:40 |
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| Champion Minerals increases Financing up to $5,100,000 and proposes additional $1,680,000 Financing |
Toronto (Canada), December 29, 2009 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM; FSE: P02) announces that further to its announcements dated December 21, 2009 and November 26, 2009, it is increasing the amount and working towards the completion of a non-brokered private placement (the “Private Placement”) of up to $5,100,000 in total proceeds from up to 6,545,454 Flow-Through Units (“F-T Units”) of Champion at a price of $0.55 per F-T Unit, and up to 3,800,000 Units (“Units”) of Champion priced at $0.50 per Unit, or such other combination of Units and F-T Units as the Company may determine. The terms of the Units and F-T Units comprising the Private Placement were detailed in the November 26, 2009 announcement and remain unchanged with the exception of the increase in the size of the offering and the possible change in the combination of Units and F-T Units.
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Champion Minerals Inc. 5 Jan 2010 - 18:38 |
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