Articles Tagged "Iron Company News"

Oceanic Iron Closes Private Placement

Iron – Oceanic Iron Ore (TSXV:FEO,OTCQX:FEOVF) announced it has closed a private placement, raising gross proceeds of $3,049,750. The company had issued 15,248,750 units with each unit consisting of one common share and one share purchase warrant allowing the holder to purchase an additional common share for $0.30 until April 9, 2017.

Alderon Iron Ore Makes Progress With Kami Project Transmission Line

Iron – Alderon Iron Ore Corp. (TSXV:ADV) gave an update on the construction of a new transmission line that will power its Kami iron ore project as well as other users in the area. Newfoundland and Labrador Hydro have cleared 20 kilometers to prepare for the installation of a third transmission line from Churchill Falls to Labrador West.