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Stock Market & Financial Investment News

News Breaks
March 17, 2013
20:06 EDTAXXAlderon closes C$119.9M contribution by Hebei Iron & Steel Group
Alderon to announced that Hebei Iron & Steel Group has contributed the remaining C$119.9M of its initial investment and Alderon has contributed the Kami iron ore project to a limited partnership which is owned 25% by HBIS and 75% by Alderon. HBIS is China's largest steel producer. This concludes HBIS's initial strategic investment, first announced on April 13, 2012, into both Alderon and its Kami Project for an aggregate amount of C$182.2 million, in exchange for 19.9% of the outstanding common shares of Alderon and a 25% interest in the Kami Limited Partnership which was established to own the Kami Project. Alderon has the remaining 75% interest in the Kami Limited Partnership.
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October 2, 2015
16:59 EDTAXXAlderon announces voluntary delisting from NYSE
Alderon Iron Ore announces its intention to file a Form 25 with the U.S. SEC to voluntarily withdraw its common shares from listing on the NYSE MKT. Alderon expects to file the Form 25 on October 13. Alderon expects the delisting will be effective approximately 10 days from the filing of the Form 25.

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