| Champion Minerals Inc. Completes $1.08 Million Financing |
Toronto, Ontario, Canada: February 22, 2010 – Champion Minerals Inc. (“Champion” or the “Company”) (TSX-V: CHM; FSE: P02) announces the completion of its previously announced non-brokered private placement (the “Private Placement”) (see Champion’s news release dated January 6, 2010), subject to final TSX Venture Exchange acceptance. An aggregate of 1,799,999 units (“Units”) were issued at $0.60 per Unit for gross proceeds of $1,080,000. 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 $0.90. Although the terms of the Private Placement remained identical, the common shares issued in connection with the Private Placement were not issued on a “flow-through” basis as per the Company’s January 6, 2010 news release.
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Champion Minerals Inc. 24 Feb 2010 - 08:52 |
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| Champion Announces Acceleration of Warrant Expiry Date |
Toronto, Ontario, Canada (February 19, 2010) – Champion Minerals Inc. (“Champion” or the “Company”) (TSX-V: CHM; FSE: P02) is pleased to announce that it intends to accelerate the expiry date of 3,200,000 warrants (the “Warrants”) to purchase common shares of the Company (the “Common Shares”) to March 18, 2010 (the “New Expiry Date”).
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Champion Minerals Inc. 19 Feb 2010 - 14:01 |
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| Champion Minerals update from the Attikamagen Iron Property, Schefferville Mining District |
Toronto (Canada), February 17, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM; FSE: P02) is pleased to provide an update on the exploration program at the Company’s wholly-owned Attikamagen Iron Property (the “Property”) following the completion in 2009 of a detailed mapping and sampling campaign and a 2008 airborne magnetic survey by Labec Century Iron Ore Inc. (“LCIO”). The Property is under an option and joint venture agreement (the “Agreement”) between Champion and LCIO allowing LCIO to earn up to a 60% interest in the Property by expending up to C$12.5 million in exploration and development work expenditures. Pursuant to the Agreement, LCIO are acting as operators on the Property.
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Champion Minerals Inc. 17 Feb 2010 - 08:12 |
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| Champion Minerals update from Harvey-Tuttle; additional drilling planned at Fire Lake North |
Toronto (Canada), February 2, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM; FSE: P02) is pleased to update shareholders on the advancement of the winter exploration program at the Fermont Iron Property (the “Property”) in the Fermont Iron Ore District of northeastern Quebec. Program planning is on schedule and with the recent financings Champion will be very active in outlining resources in 2010 not only on the 69 km2/122 claims Harvey-Tuttle Claim Block (“Harvey-Tuttle”), but also on the adjacent Fire Lake North and Bellechasse Claim Blocks (“Fire Lake North” and “Bellechasse”). These claim blocks are located adjacent to and within 5km to 20km of surface infrastructures.
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Champion Minerals Inc. 2 Feb 2010 - 10:02 |
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