• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Alderon Iron Ore Closes Investment With Liberty Metals

    Investing News Network
    Jan. 16, 2012 02:26PM PST
    Base Metals Investing

    Alderon Iron Ore Corp. (TSX:ADV,OTCQX:ALDFF) announced that it has closed a C$40 million strategic investment from Liberty Metals & Mining Holdings, LLC.

    Alderon Iron Ore Corp. (TSX:ADV,OTCQX:ALDFF) announced that it has closed a C$40 million strategic investment from Liberty Metals & Mining Holdings, LLC.

    As quoted in the press release:

    LMM purchased 14,981,273 common shares of Alderon on a private placement basis for an aggregate purchase price of approximately C$40 million at a price per Purchased Share of $2.67. The purchase price was based on the volume weighted average price of Alderon’s shares on the Toronto Stock Exchange for the twenty trading days ended January 11, 2012.

    Click here to read the Alderon Iron Ore Corp. (TSX:ADV) press release.  

    otcqx:aldfftsx:advprivate placementalderon iron ore corp
    The Conversation (0)

    Go Deeper

    AI Powered
    Lithium Investing

    Lithium-ion Bull: KISS

    El Tigre Silver Progress Report

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×