11:42 AM EST - Labrador Iron Mines Holdings Limited : announced that it has entered into an agreement with Canaccord Financial Ltd. and a syndicate of underwriters, which have agreed to purchase, on a bought deal basis, 3.64 million common shares from the treasury of the Company and 760,000 flow-through common shares from the treasury of the Company at a price of $5.55 per Treasury Common Share and $6.65 per FT Share, for aggregate gross proceeds of $25.26 million. Labrador Iron Mines Holdings Limited
shares T.LIM are trading down $0.24 at $6.05.