03:21 PM EST - Champion Iron Limited : Announced the filing on SEDAR of the feasibility study ("Feasibility Study") for the Phase II expansion of the Bloom Lake Mining Complex ("Bloom Lake"), the results of which were previously reported by the Company on June 20, 2019 As noted in the Release, the Feasibility Study envisions increasing overall capacity at Bloom Lake from 7.4Mtpa to 15Mtpa of 66.2% Fe iron ore concentrate. Supported by the strong economics demonstrated in the Feasibility Study, the Company's board of directors has approved an initial budget of $68 million to fund and advance the project during the remainder of 2019, in order to secure the timetable detailed in the Feasibility Study. Champion Iron Limited
shares T.CIA are trading down $0.01 at $2.53.
