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Champion Iron Provides Update on Changes in Credit Agreement

27 May 2021  |  12:41:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: QIO - Amended Credit Agreement

Champion Iron announced amended and restated credit agreement ( the "Agreement") stating that Agreement was made as of 23 December 2020 among Quebec Iron Ore Inc as Borrower; the guarantors from time to time party to this Agreement as Guarantors; the Bank of Nova Scotia as Administrative Agent; Societe Generale as Underwriter; Societe Generale as Coordinating Bank; the Bank of Nova Scotia, Societe Generale, Royal Bank of Canada and the Toronto-Dominion Bank as Mandated Lead Arrangers and Joint Bookrunners and certain Financial Institutions that were listed on the signature pages to this Agreement as Lenders. Whereas pursuant to the credit agreement made as of 16 August 2019 (as amended pursuant to an amendment no. 1 on 6 April 2020; an amendment no. 2 on 19 June 2020; and more.

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