Champion Iron Limited (TSX: CIA) (ASX: CIA) ("Champion" or the "Company") is pleased to announce solid operational and financial results for the third quarter ended December 31, 2019 of the fiscal year ending March 31, 2020.
For full details of the unaudited condensed consolidated financial statements and the related management report, please consult the Company's documents filed on SEDAR ( www.sedar.com ) or on the Company's website ( www.championiron.com ). All amounts are in Canadian dollars, unless otherwise indicated.
Conference call details
Champion will host a conference call and webcast at 8:30 am EST (Montreal time) on Wednesday, January 29, 2020 to discuss the results of the third quarter of the fiscal year ending March 31, 2020. Details of the conference call are provided at the end of this press release.
1. HIGHLIGHTS
operational
Financiers
Recent developments
Growth
"With the growing demand for our superior product, the Lac Bloom mine continues to produce at nominal capacity, thereby ensuring our Company a high level of profitability," said David Cataford , CEO of Champion. "We are taking advantage of this momentum to continue improving our processes in order to increase the reliability of our operations and to advance the critical elements to our expansion project of phase II." Thanks to our strong partnerships, we are well placed to consider the implementation of Phase II. "
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