Notice of Labrador Iron Mines Third Quarter Results Conference Call and Webcast
TORONTO, Feb. 13, 2013 /CNW/ - Labrador Iron Mines Holdings Limited ("LIM" or
the "Company") (TSX: LIM) will be releasing its December 2012 Third Quarter
results before the market opens on Friday, February 15, 2013. LIM's financial
statements and Management's Discussion and Analysis will be available on the
Company's website and filed on SEDAR (www.sedar.com).
Members of the senior management team will host a conference call and webcast
on Friday, February 15, 2013 at 11:00 am (ET) to discuss the results.
Via Conference Call (Telephone):
Local and International: +1 (647) 427-7450 Canada and US Toll-free: +1 (888)
Please reference "Labrador Iron Mines Third Quarter Conference Call" when
A live audio webcast will be available on LIM's homepage at
For those who are unable to participate in the live conference call, a replay
will be available until the end of day on March 1, 2013.
Local and International: +1 (416) 849-0833 Canada and US Toll-free: +1 (855)
Passcode: 109 830 87
The webcast will be archived on LIM's website for 180 days.
About Labrador Iron Mines Holdings Limited (LIM)
Labrador Iron Mines (LIM) is Canada's newest iron ore producer with a
portfolio of direct shipping (DSO) iron ore operations and projects located in
the prolific Labrador Trough. Initial production commenced at the James Mine
in June 2011, with the sale of 386,000 dry tonnes of iron ore recorded in the
first start-up year. The first full production season commenced in April 2012
and LIM sold ten shipments totalling approximately 1.6 million dry tonnes of
iron ore. The tenth shipment was sold at the end of November and contained
103,000 dry tonnes of iron ore.
The James Mine is connected by a direct rail link to the Port of Sept-Îles,
Québec. The project also benefits from established infrastructure including
the town, airport hydro power and railway service. Starting with the James
Mine and leading to the development of the expanding Houston flagship project,
our objective is to provide shareholders with long-term value with a plan to
increase production towards 5 million tonnes per year from a portfolio of 20
iron ore deposits in Labrador and Quebec, all within 50 kilometres of the town
LIM is currently the only independently-owned Canadian iron ore producer
listed on the Toronto Stock Exchange and trades under the symbol LIM.
Some of the statements contained in this Press Release may be forward-looking
statements which involve known and unknown risks and uncertainties relating
to, but not limited to, the Company's expectations, intentions, plans and
beliefs. Forward-looking information can often be identified by
forward-looking words such as "anticipate", "believe", "expect", "goal",
"plan", "intend", "estimate", "may" and "will" or similar words suggesting
future outcomes, or other expectations, beliefs, plans, objectives,
assumptions, intentions or statements about future events or performance.
Forward-looking information may include reserve and resource estimates,
estimates of future production, unit costs, costs of capital projects and
timing of commencement of operations, and is based on current expectations
that involve a number of business risks and uncertainties. Factors that could
cause actual results to differ materially from any forward-looking statement
include, but are not limited to, failure to establish estimated resources and
reserves, the grade and recovery of ore which is mined varying from estimates,
capital and operating costs varying significantly from estimates, delays in
obtaining or failures to obtain required governmental, environmental or other
project approvals, delays in the development of projects, changes in exchange
rates, fluctuations in commodity prices, inflation and other factors.
Forward-looking statements are subject to risks, uncertainties and other
factors that could cause actual results to differ materially from expected
results. There can be no assurance that the Company will be successful in
maintaining any agreement with any First Nations groups who may assert
aboriginal rights or may have a claim which affects the Company's properties
or may be impacted by the Schefferville Projects. Shareholders and
prospective investors should be aware that these statements are subject to
known and unknown risks, uncertainties and other factors that could cause
actual results to differ materially from those suggested by the
forward-looking statements. Shareholders and prospective investors are
cautioned not to place undue reliance on forward-looking information. By its
nature, forward-looking information involves numerous assumptions, inherent
risks and uncertainties, both general and specific, that contribute to the
possibility that the predictions, forecasts, projections and various future
events will not occur. The Company undertakes no obligation to update publicly
or otherwise revise any forward-looking information whether as a result of new
information, future events or other such factors which affect this
information, except as required by law.
please visit LIM's website atwww.labradorironmines.ca or contact:
Keren Yun Vice President, Investor Relations & Communications Tel: (647)
SOURCE: Labrador Iron Mines Holdings Limited
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