09:51 AM EST - Champion Iron Limited : Intends to proceed with a public offering of subscription receipts for gross proceeds of up to $20 million that it has entered into an underwriting and agency agreement with a syndicate of dealers to offer 22,222,223 Subscription Receipts at a price of $0.90 per Subscription Receipt, for gross proceeds to the Corporation of approximately $20,000,000. Champion Iron Limited
shares T.CIA are trading up $0.01 at $1.01.
