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CHAMPION IRON ANNOUNCES RESUMPTION OF RAILWAY SERVICES FOLLOWING INTERRUPTIONS DUE TO FOREST FIRES IN QUÉBEC

Newswire.ca - Mon Jun 12, 2023

MONTRÉAL, June 12, 2023 /CNW/ - (SYDNEY, June 13, 2023) - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") announces the resumption of railway services from its Bloom Lake mine ("Bloom Lake") to the port of Sept-Îles (the "Railway"). Following recent forest fires north of Sept-Îles, Québec, on June 6, 2023, the Company announced interruptions to the Railway. As the forest fires recently subsided in the region, no significant damage was identified to the Railway following inspections by its operator, resulting in a gradual reopening of services. On June 10, 2023, the Company successfully completed its first rail shipment from Bloom Lake to the port of Sept-Îles since the interruptions to the Railway.

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