Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports Labrador Iron Mines Holdings Limited (TSX:LIM) says it has entered into an underwriting agreement to raise $110 million in financial markets to help develop its iron ore projects in Quebec and Labrador.
The company said Tuesday it will sell eight million common shares at $12 each and 666,700 flow-through shares at $15 each to raise $110 million.
The miner’s shares had been halted on the TSX pending the news.
Labrador Iron said it will use the money to upgrade its Silver Yards plant, pay for rail transportation, exploration and development and for general corporate and working capital purposes.
Labrador Iron Mines is focused on developing iron ore deposits in western Labrador and northeastern Quebec near Schefferville, Que.
In TSX trading, the company’s stock fell 50 cents to $13.35, a drop of 3.6 per cent.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports Labrador Iron Mines Holdings Limited (TSX:LIM) says it has entered into an underwriting agreement to raise $110 million in financial markets to help develop its iron ore projects in Quebec and Labrador.
The company said Tuesday it will sell eight million common shares at $12 each and 666,700 flow-through shares at $15 each to raise $110 million.
The miner’s shares had been halted on the TSX pending the news.
Labrador Iron said it will use the money to upgrade its Silver Yards plant, pay for rail transportation, exploration and development and for general corporate and working capital purposes.
Labrador Iron Mines is focused on developing iron ore deposits in western Labrador and northeastern Quebec near Schefferville, Que.
In TSX trading, the company’s stock fell 50 cents to $13.35, a drop of 3.6 per cent.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports Labrador Iron Mines Holdings Limited (TSX:LIM) says it has entered into an underwriting agreement to raise $110 million in financial markets to help develop its iron ore projects in Quebec and Labrador.
The company said Tuesday it will sell eight million common shares at $12 each and 666,700 flow-through shares at $15 each to raise $110 million.
The miner’s shares had been halted on the TSX pending the news.
Labrador Iron said it will use the money to upgrade its Silver Yards plant, pay for rail transportation, exploration and development and for general corporate and working capital purposes.
Labrador Iron Mines is focused on developing iron ore deposits in western Labrador and northeastern Quebec near Schefferville, Que.
In TSX trading, the company’s stock fell 50 cents to $13.35, a drop of 3.6 per cent.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###