09:51 AM EST - Champion Iron Mines Ltd. : announced the signing of an agreement with Canadian National Railway Company to participate in the feasibility study of a proposed new multi-user railway that would connect mining projects in the Labrador Trough to the deep water port of Sept-Iles, Quebec. CN's partner in this proposed venture is La Caisse de depot et placement du Quebec which, together with a group of iron ore exploration and mining companies, including Champion, are contributing to the cost of the feasibility study. Champion Iron Mines Ltd.
shares T.CHM are trading down $0.01 at $0.85.
